Oil Rose to Highest Since March as Fuel Markets Heat Up - 17 May, 2022 07:30 AM
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Bahrain Still Evaluating Giant Shale Oil Discovery Despite High Oil Prices - 17 May, 2022 07:30 AM
Exploration and Production in the Black Sea Region and Super-Basin Thinking Call for Abstracts
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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.
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.
It has become something of an old chestnut in the West that China will often claim to have achieved famous scientific advancements and inventions first, often hundreds of years before the West. The investigation of these sorts of disputes – and deciding who gets bragging rights – is probably best left to serious historical researchers, but there is firm evidence of many interesting early technical achievements from the Middle Kingdom. Ancient China’s development of deep drilling techniques predates similar advancements in the West by hundreds of years.
Increasing global concern about climate change and its impact on the environment and society has led to a variety of strategies to reduce carbon dioxide emissions and to remove CO₂ from the atmosphere and find places to store it. Many companies are hard at work to perfect methods of carbon capture, use, and storage. Franek Hasiuk, associate scientist at Kansas Geological Survey, said CCUS is the best technology available to reduce emissions produced by the global economy. Hasiuk is part of a team of scientists working on the Integrated Midcontinent Stacked Carbon Storage Hub, a project to investigate subsurface geology in southwest Kansas and southwest Nebraska and demonstrate the viability of injecting CO₂ into underground rock layers.
Unconventional resource development has a remarkable history, combining breakthroughs and advances in both technology and geoscience. The pace of progress might have slowed in recent years, but that history is still being written.
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.
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.
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).
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.
Unconventional Resources is an online course that enables participants to learn about shale gas, shale oil and coalbed methane.
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 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.
The Niobrara Petroleum System of the U.S. Rocky Mountain Region is a major tight petroleum resource play.
The goal of this e-symposium is to provide an overview of the latest trends and technologies for water management for oil and gas drilling, completions, and production.
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 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!
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.
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!
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