Oil Prices Could Soon Return to $100 as OPEC+ Considers Cut - 03 October, 2022 07:30 AM
Newsom Proposes 'Windfall' Tax on Oil Companies to Bring Gas Prices Down - 03 October, 2022 07:30 AM
Exxon May Emerge as the Biggest Winner in Guyana’s Oil Boom - 03 October, 2022 07:30 AM
Just Stop Oil Activists Blockade Four London Bridges - 03 October, 2022 07:30 AM
Oil Rallies the Most Since July as Supply Risks Tighten Outlook - 29 September, 2022 07:30 AM
Petroleum Systems of the Middle East Member Call for Abstracts
Expires in 73 days
In 1949 an historic oil field was discovered under the Caspian Sea. The field was named “Neft Dashlari, which in Azerbaijani means “Oil Rocks,” and it was a milestone in the development of the global oil industry. Oil Rocks, an iconic “city in the sea,” pointed the way to modern offshore drilling as we know it today.
Depleted horizontal oil and gas wells could have a second life storing renewable energy, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory. Because renewable forms of electricity generation like solar and wind require low-cost energy storage, the NREL researchers propose using depleted hydraulically fractured oil and gas wells to store electrical energy in the form of compressed natural gas to be released to spin an expander/generator when electrical demand is high.
NASA’s Perseverance rover is currently exploring the delta front of Jezero Crater on Mars. It has traveled 7.4 miles and drilled twelve core samples. For Katie Stack Morgan, geologist and deputy project scientist for the Perseverance Mars rover, the first close-up image of layered rocks at the base of Jezero Crater’s ancient river delta grabbed her imagination. “These are the layered rocks that we came for!” she said.
Geosteering innovations continue to have dramatic breakthroughs in accuracy, efficiency, and real-time monitoring capabilities, thanks to pioneering work in analytics with new algorithms and approaches to machine learning. Welcome to an interview with Hugh Winkler, who will also be presenting at AAPG's U-Pitch New Technology Showcase, at IMAGE.
People familiar with the energy business know that most existing vertical wells produce little oil or gas. They might be surprised how many horizontal wells fall into the same category. Under the right circumstances, this growing number of wells in decline could represent an investment opportunity. Or, it might become a giant abandonment headache for the oil industry.
It’s summertime here in the Northern Hemisphere, and with the sun and warm weather, thoughts are shifting to vacation. Packing the kids in the car for a week at the beach or a trip to grandma’s house is a time-honored tradition. But this year, moms and dads are doing so with an eye on surging gas prices – this road trip isn’t going to be cheap. Parents aren’t alone in casting a nervous eye on prices at the pump. The White House is, too.
Not wishing to split hairs over which is the world’s first oil well, the majority of oil historians recognize the drilling of the Drake Well as the birth of the modern petroleum industry. What is not so well known is that some seven miles southeast of the Drake Well, in Pithole Creek, lie the remains of a city that came out of nowhere as a new town, enjoyed great splendor, then disappeared in a few years. It is the legendary Pithole City in Venango County of northwestern Pennsylvania.
With the price of oil hovering well over $100 a barrel, some in the industry are exploring ways to revisit conventional oilfields using technology that emerged during the unconventional oil boom, with a goal of earning a rapid return on investment while prices remain favorable.
Cores and core analyses are more important than ever as we start to use subsurface pore spaces and structure in ways we never dreamed of only a few years ago. Welcome to an interview with Diego Ibáñez from the National University of Bogotá. He goes into detail about the cutting edge National Liloteca, a library of subsurface information from throughout Colombia.
Many geologists have earned their field trip stripes in the Guadalupe Mountains in West Texas, but fewer have heard – and braved the dangers – of hiking the mysterious and mineral-rich Franklin Mountains north of El Paso. The Franklin Mountain region is a west-tilting series of horst blocks that became 5,000-7,200-foot tall mountains as a result of the Laramide orogeny. The sheer eastern escarpment exposes rocks dating from the Pennsylvanian down to 1.25-billion-year-old basement granite. It was a “field trip through time” focused on the Cambrian, Ordovician, Silurian and Devonian formations, representing more than 100 million years of geologic history.
This e-symposium presents techniques for predicting pore pressure in seals by examining case studies from the Gulf of Mexico and incorporating the relationship between rocks, fluids, stress, and pressure.
Panelists will discuss current unconventional resource activities in North America, including key plays that remain competitive and potential for future growth. They also will address the key challenges for unconventional resources to stay competitive in the global market: maintaining cashflow, reducing expenditures, improving capital and production efficiencies and managing resources.
Virtual Forum to be presented via Zoom.
This 1-hour web-cast will arm the G&G asset team professionals with a core-competency understanding of these critical field realities, with direct reference to recent documented field experience and learnings
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.
The Niobrara Petroleum System of the U.S. Rocky Mountain Region is a major tight petroleum resource play.
Upon successful completion of this course, you will be able to describe geomechanics in shale reservoirs and discuss differences between plays.
The Eagle Ford Shale in South Texas is one of the more exciting shale plays in the United States at the current time.
The presentation will discuss key reservoir information and how to develop a predictive pressure model.
Unger Field, discovered in1955, has produced 8.6 million barrels of oil from a thinly (several ft) bedded, locally cherty dolomite containing vuggy and intercrystalline porosity.
This presentation discusses one operator’s approach to fully integrate data captured in the Marcellus Shale in order to optimize horizontal well performance.
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