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Expires in 100 days
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.
The Rocky Mountain Section of AAPG is pleased to announce the winners of its Presentation Awards for the section’s 2019 Annual Conference which was held in Cheyenne, Wyo. The Presentation Awards are given to those who present the best technical papers at the annual meeting. Authors gave more than 125 oral and poster presentations on the geology of the Rocky Mountain region at the Cheyenne meeting. Judging on technical merit and presentation determined the winners.
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.
In 1994, while chairman and CEO of Barrett Resources, I got a call from my good friend Ray Thomasson, who said, “Bill I have a prospect Larry McPeek has worked up in the Wind River Basin that you might find interesting.” I’d worked every feature of geology in Wyoming’s Wind River Basin and was familiar with about every well drilled there during my career, so I frankly considered myself somewhat of an expert on the basin ... The Cave Gulch Prospect was located along the Owl Creek Thrust in a geologically complex area.
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.
The Honors and Awards programs provide a means for recognizing outstanding achievements and contributions by professional geologists, especially in the area of exploration for petroleum and energy mineral resources, and by other professionals who further the goals and objectives of the industry's science, profession, and this Association. The motivation toward scientific and professional achievement which such recognition stimulates is much to be desired.
I was involved in the 2006 discovery of Parshall Oil Field in the Bakken reservoir of North Dakota, one of the largest oil fields in North America. My prospect idea was based on meager geologic data that included two key wells and used the potential of new horizontal drilling technology.
As basins such as the Permian have crushed the concept of “peak oil” by doubling past production rates using new ideas and technology, their newly dubbed “super basin” status is inspiring operators on practically every continent to do the same.
Now referred to as a “super basin,” the Gulf of Mexico Basin has joined other top super basins in the world that, despite their maturity, have the potential or have proven to be significant new plays all over again. The driving force behind this renaissance is, for a large part, the evolution of technology over the last two decades that has jumpstarted both offshore and onshore basins.
Date: 3rd February 2021
Time: 7am – 4pm
Field Trip Leaders: Mohammed Masrahy and Fawaz Al Khaldi, Saudi Aramco
Registration Fee: $95
Registration Deadline: 16th December 2020
Field Trip Description
Analogues, especially ancient outcrop and modern analogues, have played a crucial role in improving the understanding of subsurface reservoir architectural elements. They provide important information on subsurface reservoir geobody size, geometry, and potential connectivity, which all contribute to better reservoir characterization, mainly in highly heterogeneous siliciclastic or carbonate reservoirs that require the integration and detailed analysis of petrophysics, facies, diagenesis, geometry, depositional environments and lateral and vertical variability.
Subsurface reservoir models are limited by available geological data. Outcrop and modern analogs from comparable systems provide additional input to geological models of the subsurface. This field trip will provide valuable insights into the nature of this complexity.
Aims and Objectives
The field trip will comprise a field study of a range of continental clastic modern systems and marine carbonate ancient systems, and related sedimentary facies, each of which possesses attributes that are comparable in part to the subsurface deposits.
Field trip attendees will gain knowledge about key competencies related to field geology such as measuring vertical sections, describing sedimentary structures and textures, describing sedimentary facies, identifying depositional environments, and linking sedimentological observations to subsurface reservoir modeling.
One specific aim of this field trip is to emphasize that integrated reservoir characterization and modeling processes take into account actual depositional trends and the distribution of the sedimentary bodies.
Intended Learning Outcomes
This field trip will provide explanations and discussions of the following aspects:
Basin age, mechanisms of tectonic development, and regional palaeogeographic setting.
An introduction to techniques and criteria for the recognition of continental (fluvial and aeolian systems), shallow marine and carbonate related sedimentary facies in outcrop and modern system and discussions of the application of these techniques to the study of subsurface sedimentology and geological modeling.
Discussions of the 1D, 2D and 3D facies architecture with particular consideration of the geometry and scale of key stratal bodies that have relevance for understanding subsurface hydrocarbon reservoirs.
Discussion of the nature of autocyclic (intrinsic) interactions between competing sedimentary processes and consideration of the implications of these in terms of reservoir quality.
Discussion of the nature of allocyclic (external) controls on sedimentary processes and consideration of the effects of temporal and spatial changes in these controls on the preserved succession (through introduction of sequence stratigraphic concepts).
The significance of accurately determining the preserved geometry of reservoir successions and how to undertake correlations at the interwell scale.
How to predict the 3D distribution of net versus non-net reservoir.
How best to make region-wide predictions in areas for which palaeogeography is poorly constrained.
Unconventional gas reserves are transforming energy outlooks around the world. This course introduces workflow and reviews methods for performing quantitative ratetransient analysis of fractured vertical and multi-fractured horizontal wells (MFHWs), produced from unconventional (low-permeability) gas and light oil reservoirs, including shales.
Jon Rotzien presents a 1-day course in Singapore on 21st Century Deep-water Clastic Reservoirs: Processes and Products.
Join us in Salzburg, the “castle of salt” and cradle of Mozart and Doppler, for a meeting aimed at bringing together different perspectives in the science of evaporite basins: from their formation to their deformation, from description and characterization to modelling. Exploratory success in evaporite-rich basins worldwide has depended on the role of evaporites as a deformable substrate, as a seal, or even as a good thermal conductor. The aim of this workshop is to improve our understanding and predictive ability by addressing evaporite systems in an integrated manner, all the way from precipitation to structuration, and exploring the multiple properties of evaporite sequences. The pre- and post-meeting field trips will also explore the salt mining heritage of the region, first exploited by the Celts 3500 years ago, and the salt-related structures of the Northern Calcareous Alps.
Deltas are extremely important depositional systems and often source and contain prolific hydrocarbon accumulations. This workshop includes topical lectures, key cores, and a suite of exercises that integrate core, well logs, experimental flume data, and seismic sections to develop identification and subsurface mapping skills of hydrocarbon accumulations within deltaic settings.
This work investigates how heterogeneity can be defined and how we can quantify this term by describing a range of statistical heterogeneity (e.g. coefficient of variation and the Lorenz coefficient).
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 esymposium takes a close look at workflows associated with resource plays, and analyzes where integration must occur between disciplines, data, and workflows at all phases of the process.
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.
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.
This presentation discusses one operator’s approach to fully integrate data captured in the Marcellus Shale in order to optimize horizontal well performance.
The goal of this e-symposium is to review an important dimension in the ways geologist can build and update geological models using information from performance data.
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.
Water cut is a big factor in gauging the success of horizontal drilling in the Mississippi Lime Play (MLP). The contributing factors are related in part to the spectrum of producing lithofacies and reservoir quality encountered that varies laterally and vertically, sometimes dramatically.
The presentation will discuss key reservoir information and how to develop a predictive pressure model.
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.
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.
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!
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.
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