Oil Rises 1 Percent as OPEC= Focus on Supply Cuts Outweighs Recession Concerns - 23 November, 2022 07:30 AM
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Recent Discoveries, Exploration Opportunities and Sustainable Development Strategies in Caribbean Basins CFA
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In Oklahoma, seismic reflection data from different areas show distinct, systematic patterns of reflectors within depth intervals dominated by the crystalline basement. It is necessary to better understand the origin and composition of these characteristic layers in the Oklahoma basement, as it will fill a major gap in the understanding of its tectonic and thermal history.
Spindletop’s glory days were gone, or so it was believed. That landmark discovery on Jan. 10, 1901 at Spindletop Hill near Beaumont, Texas had defied existing American geological thought and changed the course of history, but had faded into memory by the 1920s. But, a novel geological hypothesis would soon change all that.
Owing to the unique performance characteristics in unconventional reservoirs, gas/oil ratio models, which are predictive in conventional wells, may or may not be accurate in determining the success or failure of the unconventional.
While oil production has been going strong in Argentina’s Neuquén Basin for the past 100 years, geologists with Shell and YPF say the region’s true hydrocarbon potential has yet to be discovered.
The political and economic turmoil in Venezuela has taken its toll on every sector of society, geoscience education in particular. This concludes the EXPLORER’s two-part series on how geoscientists are faring in the ongoing crisis.
“The Norwegian continental shelf may historically be described as a giant offshore technology laboratory.” That’s Jon Are Rørtveit, vice president and commercial director of the Offshore Northern Seas Foundation, talking about the unique dynamic and possibilities to be found off the Norwegian continental shelf. Norway’s offshore exploration industry is well-established as an international exporter of smart technologies and innovative solutions.
With lots of promising prospects, especially off Guyana and Mexico and Brazil, the offshore basins of the Americas continue to roar.
Unlocking Mexico’s Offshore Potential, a geosciences technology workshop held on 6-7 March in Mexico City convened participants representing eight countries and 56 organizations.
January’s President’s Column in the EXPLORER covered creative and collaborative space in exploration to “recycle” or revitalize petroleum basins for an economic industry. February’s column discussed development and enhanced oil recovery to maximize recovery of reserves for an optimized industry. This month’s column, in turn, addresses the third, and an increasingly important aspect of sustainable petroleum development: carbon capture, use and storage for a viable industry.
When one lives in Louisiana, even in the northern part, February and early March are full of tidings of “laissez les bon temps rouler!” or “let the good times roll!’’ Only geoscience nerds like you and I would apply that to May’s exceptional 2019 AAPG Annual Convention and Exhibition in San Antonio. So, start these good times rolling now by registering early on or before March 21 for a great discount.
“Wait! There is a short cut. Turn right from here”. That’s probably the sound of an electric current bypassing the resistive hydrocarbons, in a maze or network of porous media, when traveling from transmitter to receiver. This workshop will serve the participants need with the up to date advancements in describing and characterizing low resistivity and low contrast pay, and eventually, maximize resources.
Production from unconventional petroleum reservoirs includes petroleum from shale, coal, tight-sand and oil-sand. These reservoirs contain enormous quantities of oil and natural gas but pose a technology challenge to both geoscientists and engineers to produce economically on a commercial scale. These reservoirs store large volumes and are widely distributed at different stratigraphic levels and basin types, offering long-term potential for energy supply. Most of these reservoirs are low permeability and porosity that need enhancement with hydraulic fracture stimulation to maximize fluid drainage. Production from these reservoirs is increasing with continued advancement in geological characterization techniques and technology for well drilling, logging, and completion with drainage enhancement. Currently, Australia, Argentina, Canada, Egypt, USA, and Venezuela are producing natural gas from low permeability reservoirs: tight-sand, shale, and coal (CBM). Canada, Russia, USA, and Venezuela are producing heavy oil from oilsand. USA is leading the development of techniques for exploring, and technology for exploiting unconventional gas resources, which can help to develop potential gas-bearing shales of Thailand.
The main focus is on source-reservoir-seal shale petroleum plays. In these tight rocks petroleum resides in the micro-pores as well as adsorbed on and in the organics. Shale has very low matrix permeability (nano-darcies) and has highly layered formations with differences in vertical and horizontal properties, vertically non-homogeneous and horizontally anisotropic with complicate natural fractures. Understanding the rocks is critical in selecting fluid drainage enhancement mechanisms; rock properties such as where shale is clay or silica rich, clay types and maturation , kerogen type and maturation, permeability, porosity, and saturation. Most of these plays require horizontal development with large numbers of wells that require an understanding of formation structure, setting and reservoir character and its lateral extension.
The quality of shale-gas resources depend on thickness of net pay (>100 m), adequate porosity (>2%), high reservoir pressure (ideally overpressure), high thermal maturity (>1.5% Ro), high organic richness (>2% TOC), low in clay (<50%), high in brittle minerals (quartz, carbonates, feldspars), and favourable in-situ stress.
During the past decade, unconventional shale and tight-sand gas plays have become an important supply of natural gas in the US, and now in shale oil as well. As a consequence, interest to assess and explore these plays is rapidly spreading worldwide. The high production potential of shale petroleum resources has contributed to a comparably favourable outlook for increased future petroleum supplies globally.
Application of 2D and 3D seismic for defining reservoirs and micro seismic for monitoring fracturing, measuring rock properties downhole (borehole imaging) and in laboratory (mineralogy, porosity, permeability), horizontal drilling (downhole GPS), and hydraulic fracture stimulation (cross-linked gel, slick-water, nitrogen or nitrogen foam) is key in improving production from these huge resources with low productivity factors.
Request a visit from Ameed Ghori!
President Biden has laid out a bold and ambitious goal of achieving net-zero carbon emissions in the United States by 2050. The pathway to that target includes cutting total greenhouse gas emissions in half by 2030 and eliminating them entirely from the nation’s electricity sector by 2035.
The Office of Fossil Energy and Carbon Management will play an important role in the transition to net-zero carbon emissions by reducing the environmental impacts of fossil energy production and use – and helping decarbonize other hard-to abate sectors.
Request a visit from Jennifer Wilcox!
Around 170 million years ago, the Gulf of Mexico basin flooded catastrophically, and the pre-existing landscape, which had been a very rugged, arid, semi-desert world, was drowned beneath an inland sea of salt water. The drowned landscape was then buried under kilometers of salt, perfectly preserving the older topography. Now, with high-quality 3D seismic data, the salt appears as a transparent layer, and the details of the drowned world can be seen in exquisite detail, providing a unique snapshot of the world on the eve of the flooding event. We can map out hills and valleys, and a system of river gullies and a large, meandering river system. These rivers in turn fed into a deep central lake, whose surface was about 750m below global sea level. This new knowledge also reveals how the Louann Salt was deposited. In contrast to published models, the salt was deposited in a deep water, hypersaline sea. We can estimate the rate of deposition, and it was very fast; we believe that the entire thickness of several kilometers of salt was laid down in a few tens of thousands of years, making it possibly the fastest sustained deposition seen so far in the geological record.
Request a visit from Frank Peel!
In comparison with the known boundary conditions that promote salt deformation and flow in sedimentary basins, the processes involved with the mobilization of clay-rich detrital sediments are far less well established. This talk will use seismic examples in different tectonic settings to document the variety of shale geometries that can be formed under brittle and ductile deformations.
Request a visit from Juan I. Soto!
Local sea-level changes are not simply a function of global ocean volumes but also the interactions between the solid Earth, the Earth’s gravitational field and the loading and unloading of ice sheets. Contrasting behaviors between Antarctica and Scotland highlight how important the geologic structure beneath the former ice sheets is in determining the interactions between ice sheets and relative sea levels.
Request a visit from Alex Simms!
As oil and gas exploration and production occur in deeper basins and more complex geologic settings, accurate characterization and modeling of reservoirs to improve estimated ultimate recovery (EUR) prediction, optimize well placement and maximize recovery become paramount. Existing technologies for reservoir characterization and modeling have proven inadequate for delivering detailed 3D predictions of reservoir architecture, connectivity and rock quality at scales that impact subsurface flow patterns and reservoir performance. Because of the gap between the geophysical and geologic data available (seismic, well logs, cores) and the data needed to model rock heterogeneities at the reservoir scale, constraints from external analog systems are needed. Existing stratigraphic concepts and deposition models are mostly empirical and seldom provide quantitative constraints on fine-scale reservoir heterogeneity. Current reservoir modeling tools are challenged to accurately replicate complex, nonstationary, rock heterogeneity patterns that control connectivity, such as shale layers that serve as flow baffles and barriers.
Request a visit from Tao Sun!
The carbonate sequences that were deposited in the now exhumed Tethyan Ocean influence many aspects of our lives today, either by supplying the energy that warms our homes and the fuel that powers our cars or providing the stunning landscapes for both winter and summer vacations. They also represent some of the most intensely studied rock formations in the world and have provided geoscientists with a fascinating insight into the turbulent nature of 250 Million years of Earth’s history.
By combining studies from the full range of geoscience disciplines this presentation will trace the development of these carbonate sequences from their initial formation on the margins of large ancient continental masses to their present day locations in and around the Greater Mediterranean and Near East region.
The first order control on growth patterns and carbonate platform development by the regional plate-tectonic setting, underlying basin architecture and fluctuations in sea level will be illustrated. The organisms that contribute to sequence development will be revealed to be treasure troves of forensic information. Finally, these rock sequences will be shown to contain all the ingredients necessary to form and retain hydrocarbons and the manner in which major post-depositional tectonic events led to the formation of some of the largest hydrocarbon accumulations in the world will be demonstrated.
Request a visit from Keith Gerdes!
The Betic hinterland, in the westernmost Mediterranean, constitutes a unique example of a stack of metamorphic units. Using a three-dimensional model for the crustal structure of the Betics-Rif area this talk will address the role of crustal flow simultaneously to upper-crustal low-angle faulting in the origin and evolution of the topography.
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