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Recent Discoveries, Exploration Opportunities and Sustainable Development Strategies in Caribbean Basins CFA
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New ground-breaking advances are currently being made at the Utah Frontier Observatory for Research in Geothermal Energy using methods borrowed from the oil and gas industry for unconventional hydrocarbon development. Recently, geothermal history was made when Utah FORGE successfully completed the first of two highly deviated deep wells in the hot, hard granite that will form the geothermal reservoir.
If you remember from my last column, this is a three-part series on my thoughts on science, membership and budget. I talked about budget last time … we are still working on it, so let’s talk science. The reason most professionals join AAPG is for access to science. That’s not just my opinion – it’s what members tell us. AAPG is very good about disseminating the work of our members and other professionals around the world. That’s our mission.
As discussed in part 1 of this article, when it comes to the attributes used in equation 1 for seismically determining shale capacity, it is difficult to make a manual choice for the cut off values. To alleviate such a problem, application of machine learning techniques could be useful and thus worth exploring.
The goal of reservoir characterization work carried out for a shale play is to enhance hydrocarbon production by identifying the favorable drilling targets. The drilling operators have the perception that in organic-rich shale formations, horizontal wells can be drilled anywhere, in any direction, and hydraulic fracturing at regular intervals along the length of the laterals can then lead to better production. Given that this understanding holds true, all fracturing stages are expected to contribute impartially to the production. However, studies have shown that only 50 percent of the fracturing stages contribute to overall production. This suggests that repetitive drilling of wells and their completions without attention to their placement must be avoided, and smart drilling needs to be followed by operators.
Challenges related to the energy transition have led scientists to seek the ways and means to sequester carbon dioxide. Use of CO2 injection to enhance oil recovery from existing fields and CO2 storage in depleted oil and gas fields provide obvious opportunities for CO2 sequestration. As well as the interest in existing fields, there has been a significant drive to identify potential storage sites in recent years, as well as in the larger saline aquifers in which they are situated.
Considering that success or failure of unconventional exploration is largely dependent on drilling horizontal wells in the right area and fracturing efficiently, and considering also that geomechanical modeling facilitates these processes, it is easy to see that when industry professionals have a better perspective of the subsurface mechanics, the better chance they have for increased production. That is the point of geomechanical modeling: safer drilling and increased production.
We have been through a month of lockdown due to the coronavirus, and in that time, we have seen oil prices go into negative numbers. This is paper barrels! The commodity market has a place in our business and it’s helpful to understand the history and how the commodity market has changed our industry.
Shale resource plays are associated with low permeability, so hydraulic fracturing is required for their stimulation and production. In order to enhance the flow of fluids with hydraulic fracturing, it is vital to understand the stress field distribution. The efficiency and effectiveness of a hydraulic fracture stimulation are predicated on adequate horizontal well placement in the subsurface. For that purpose, the horizontal wells are usually drilled in the direction of minimal horizontal stress so that hydraulic fracturing takes place in the direction of maximal stress that ensures better reservoir contact and production, which also depends on how a complex fracture network is created by induced fractures.
The maturing carbon market is a major driver for carbon capture, utilization and storage projects. Both the subsurface technical knowledge and related data sets of the petroleum industry are major inputs required for the world to successfully move toward a carbon-neutral and sustainable energy future. To that end, one of the goals of the Division of Environmental Geosciences in representing AAPG is to promote what petroleum geologists can offer during an evolving energy future.
Proposals to ban hydraulic fracturing in the United States have drawn a wide range of responses from analysts, with projected effects ranging from cataclysmic to trifling. Legislation to phase out fracturing was introduced in both the U.S. Senate and House of Representatives earlier this year. That turned up the heat on the controversy, as did the emergence of Sen. Bernie Sanders as the frontrunner for the Democratic presidential nomination. Sanders and Sen. Jeff Merkley introduced a bill titled the “Ban Fracking Act” in January.
Renewable & Non-Renewable Resources is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for renewable energy.
There are approximately 1,000 oil and gas fields in the world that have been classified as 'giant,' containing more than 500 million barrels of recoverable oil and /or 3 trillion cubic feet of gas.
As an industry we’re constantly challenged to improve our business on a worldwide stage. How do we continue improving the safe delivery of high quality, economical wells and production where understanding of social requirements and the license to operate are rapidly changing?
Join us for a conversation with a panel of drilling engineers to gain insight to their understanding of how we can meet these challenges and impact well delivery planning processes and outcomes - from clarity on deliverables, process improvements, advances in technology, to building better business models for modern decision making.
This e-symposium will focus on how surface geochemical surveys and Downhole Geochemical Imaging technologies can be utilized jointly to directly characterize the composition of hydrocarbons vertically through the prospect section.
The presentation will focus on hydraulic fracture geometry in shales, the materials used in the fracturing process, and treatment monitoring via microseismic.
Unconventional Resources is an online course that enables participants to learn about shale gas, shale oil and coalbed methane.
Biomass Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for biopower and biofuel.
This study will focus in the combination of λρ – μρ inversion with clustering analysis techniques in order to discriminate brittle zones in the Barnett Shale.
This course introduces the learner to the fundamentals of shale gas, including current theories that explain its origin, and how to determine which reservoirs are commercially viable.
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