Oil Prices Slide Due to 'Weakness on the Demand Side' - 18 August, 2022 07:30 AM
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Europe’s Self-Inflicted Oil Crisis and the Saudis' Last Laugh with U.S. - 18 August, 2022 07:30 AM
Biden Approves Largest Oil, Gas Lease Sale in U.S. History - 18 August, 2022 07:30 AM
U.S. Coast Guard Works to Contain 420-Gallon Oil Spill in Texas Waters - 18 August, 2022 07:30 AM
Petroleum Systems of the Middle East Member Call for Abstracts
Expires in 120 days
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.
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.
NASA’s Perseverance rover successfully landed on Mars on Feb. 18, 2021, which AAPG celebrated with a live watch party. Perseverance has since explored the Séítah region and is currently at the delta front of Jezero Crater on Mars using an enhanced autonomous navigation system and under guidance from NASA/JPL controllers. As of May 13, 2022, Sol 436, Perseverance has traveled 11.4 kilometers and drilled eight core samples. The rover has returned more than 249,000 raw images that are publicly available in the mission multimedia catalog.
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.
This presentation will look at well placement vertically in the pay, well azimuth and well trajectory with explanations of how geology and post-depositional effects can make the difference between a successful well and a failure.
Join two GIS/geoscience experts Scott Sires and Gerry Bartz as they use information from the Teapot Dome Field in Wyoming (DOE/RMOTC program).
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.
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.
The presentation will discuss key reservoir information and how to develop a predictive pressure model.
This e-symposium covers how to conduct an interdisciplinary evaluation of mature fields to determine the best approach to recover remaining reserves.
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.
Upon successful completion of this course, you will be able to describe geomechanics in shale reservoirs and discuss differences between plays.
Unconventional Resources is an online course that enables participants to learn about shale gas, shale oil and coalbed methane.
Solar Energy Basics is an online course that enables participants to review, analyze, and evaluate opportunities in the rapidly expanding market for solar energy.
This lecture will discuss the differences between carbonates and siliciclastics from their chemical composition through their distributions in time and space. Building on these fundamental differences, we will explore the challenges carbonates pose to petroleum geologists in terms of seismic interpretation, reservoir quality prediction, field development, etc. Peppered with humorous personal stories, still raging academic debates, and the heartfelt frustrations of real industry professionals, the aim is to inspire students and young professionals to rise to the occasion and embrace the reservoir rocks that petroleum geologists love to hate.
Request a visit from Noelle Joy Purcell!
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.
Request a visit from Sherilyn Williams-Stroud!
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.
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.
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