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And we’re back. With high oil and gas prices and strong demand driving renewed interest in production, the energy industry is returning to the unconventional resources business in a big way. The upcoming Unconventional Resources Technology Conference is once again an in-person meeting, back in Houston this month, June 20-22, with a major emphasis on practical ways to boost output and introduce efficiencies.
In February, TotalEnergies announced a significant light oil discovery in the Orange Basin, offshore Namibia. Reuters reported a source suggesting that the Venus-X1 well may have found more than 1 billion barrels of oil equivalent. This was the second significant discovery announced in the basin that month. The offshore continues to deliver new oil and natural gas discoveries worldwide. And as this issue hits your inbox, the offshore is the primary topic of discussion in Houston as the 2022 Offshore Technology Conference returns to NRG Park from May 2-5.
There are two main oil and gas producing sedimentary areas in France: the Paris Basin and the Aquitaine Basin. The presence of oil seeps and bitumen deposits has been known since ancient times in the western part of the Aquitaine basin, a 35,000-square-kilometer triangular polygon bordered to the north by the city of Bordeaux, to the east by Toulouse and to the south by the Pyrenees Mountain chain separating France from Spain. These hydrocarbon shows were observed close to surface anticlinal structures such as the Sainte-Suzanne dome, southwest of Pau or in the caprocks of salt diapirs at Salies de Bearn and Dax to the north.
In the first part of this series, we showed the energy transition will follow an “all of the above” trajectory, irrespective of aspirational messages. Our conclusions are based on the inherent limitations of wind and solar low-density energy machines for generating base-load power: low-density energy machines would cover hundreds of millions of acres. Also in part 1, we discussed Princeton University’s Net Zero America report, an outstanding, 18-author study of five models to de-carbonize the United States by 2050. The report does not mention environmental impact of LDEMs.
While it is evident that the world will rely on oil and gas for years to come, some industry geoscientists are paving a path toward a future in alternative energy and other geoscience-related careers. Geoscientists are needed for research and development in areas of geothermal science, minerals and mining, and carbon and energy storage. They also are needed for projects that require knowledge of geology, subsurface imaging, reservoir development, satellite mapping, geotraining, multiphysics and smart data solutions.
These days, more uncertain than the price of gas, especially with the announcement last month from
the administration to ban the import of Russian oil and gas, combined with the European Union’s decision to cut imports by 80 percent, is the question of whether the world will get the energy it needs – and who will provide it.
To that end, it’s worth considering what conventional oil and gas reservoirs here in America can be drilled and placed online quickly to help fill that need.
When the International Petroleum Technology Conference comes to Saudi Arabia in February, the technical program will include a significant look at both unconventional oil and gas and conventional tight oil in the Middle East. Those are two different concepts in the region and the distinctions are important. The Middle East holds a large conventional tight oil resource, now emerging as a serious focus for development. With so much recent attention devoted to unconventional resources, conventional tight oil could be considered an overlooked sibling.
Before unconventional resources became prevalent in the global petroleum supply, deepwater exploration and development was a significant focus for many larger companies. For deepwater activities to succeed, the petroleum industry was forced to merge its above-ground concerns with the below-ground geoscience and engineering disciplines.
What is “unconventional wisdom?” It’s the wisdom obtained from half a century of important conferences organized by the AAPG Eastern Section, founded in 1971, which recently celebrated at its 50th annual conference in Pittsburgh. The Pittsburgh Geological Society, founded in 1945, co-hosted the conference with the Pittsburgh Association of Petroleum Geologists, created in 1984. “The theme ‘Unconventional Wisdom’ is intended to reflect not only the unconventional resources and reservoirs that have brought life to the Appalachian basin, but also to appreciate the broad heritage of our science and vocation,” said conference General Chair John Corbett.
Natural gas was first commercially discovered in the San Juan Basin of New Mexico in 1921, making this year the Basin’s centennial. The first San Juan Basin natural gas strike occurred one mile south of Aztec, N.M., when the Aztec Oil Syndicate completed their No. 1 State. Production was found at a depth of about 1,000 feet. The gas discovered south of Aztec was piped into town and used domestically throughout most of the 1920s. This was the first commercial use of natural gas in New Mexico or the San Juan Basin. Located in northwest New Mexico and southwest Colorado, the San Juan is one of the largest gas basins in the United States, along with the Marcellus in the Appalachian Basin and the greater Hugoton Field of Texas, Oklahoma and Kansas.
This course is ideal for individuals involved in Midland Basin exploration and development. Successful development of Wolfcamp shale oil relies on complex inter-relationships (ultimately interdependencies) within and between a wide variety of scientific disciplines, financial entities, and company partnerships.
This talk will present a brief overview of proppants followed by a comprehensive discussion of the major considerations that are driving proppant selection in these plays.
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.
Wind Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for wind energy.
Effective hydraulic fracture stimulation is critical for shale development, and microseismic is the only technology able to map the growth of these hydraulic fracture networks.
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.
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 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.
Geothermal Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for geothermal energy.
Unconventional Resources is an online course that enables participants to learn about shale gas, shale oil and coalbed methane.
This is a less-technical education topic. It can be condensed to an hour or given as 2 two-hour sessions. It stresses selected controversial aspects of fracking that touch some combination of environment and economics and includes a short video of how fracking is done.
Request a visit from David Weinberg!
Analysis of microseismicity induced by hydraulic fracture stimulation in the Marcellus Shale shows changes in stress state for different zones of failure. During the treatment, shear failure occurs on both the J1 and J2 fracture orientations in response to different maximum stress orientations, indicating localized changes in the orientation during the treatment. Reactivation of a fault near the wellbore is associated with failure mechanisms with a higher volumetric component, indicating possible inflation of faults and fractures by the introduction of the slurry. Quantification of the stress conditions that are associated with inflation could potentially be used to optimize the stimulation by identifying which fractures will preferentially take on slurry volume.
Request a visit from Sherilyn Williams-Stroud!
Microseismicity induced by hydraulic fracture stimulation of a horizontal well was mapped with a near-surface buried array. Distinct linear trends of events were not parallel to the direction of fast shear wave polarization measured in the reservoir with a crossed-dipole anisotropy tool. Analysis of core from a nearby well revealed numerous calcite-filled fractures that did not induce shear wave polarization, but did significantly impact the failure behavior of the reservoir rock during the stimulation treatment. Hydraulic fracture simulation with DFN modeling and source mechanism analysis supports the interpretation of reactivated existing fractures rather than the formation of hydraulically-induced tensile fractures.
Hydraulic fracturing has been around for decades. This talk describes some of the first applications of the technology, how it developed over time, and our current understanding of its impacts with some discussion of both water and earthquake hazards.
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