Global Oil Benchmark Tops $90 for First Time Since 2014 - 27 January, 2022 07:35 AM
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Oil Prices End Higher on Global Threats to Supplies as Traders Weigh Stock Market Volatility - 26 January, 2022 07:33 AM
U.S. Clears Second-Largest Ever Loan of Oil From Strategic Reserve - 26 January, 2022 07:32 AM
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Unconventional resources have transformed the global energy landscape. And as this issue hits your mailbox, geoscientists and engineers from around the world are in San Antonio, Texas for the fourth edition of URTeC, the Unconventional Resources Technology Conference from August 1-3.
Where is the oil? How much is there? and What is the best strategy for recovery? These are a few of the questions that we'll answer at the Making Money with Mature Fields - Geosciences Technology Workshop, October 5-6, 2016, Houston, TX. The goal of this workshop is to review mature fields and to identify the amount and nature of oil that can be recovered, and to evaluate competing strategies for economically producing the remaining reserves. In addition to looking closely at fields, we will review new and improved technologies that may help revitalize reservoirs and overcome problems such as low pressure, paraffin, corrosion, and more.
Registration is now open for the 4th annual Unconventional Resources Technology Conference (URTeC) to be held Aug. 1-3 at the Henry B. Gonzalez Convention Center in San Antonio, Texas.
An outstanding opportunity to look at three different types of Canadian core samples occurred at the Annual Convention in Calgary. Young Professional Canadian geologists brought and displayed core, where it attracted the attention of attendees, who liked being able to look at sedimentary rock from the western Canadian Sedimentary Basin. Welcome to an interview with Ryan Day and Stephen Michalchuk, two of the geologists who facilitated the discussions.
Come for the GTW 'Making Money with Mature Fields', and stay for a short course; either 'The Petroleum Geochemistry Toolkit for Petroleum Exploration and Development' or 'Carbonate Depositional Systems'. All three will explore new and innovative technologies and ideas to lend increased business opportunities now and into the future.
The goal of this workshop is to review mature fields and to identify the amount and nature of oil that can be recovered, and to evaluate competing strategies for economically producing the remaining reserves. In addition to looking closely at fields, we will review new and improved technologies that may help revitalize reservoirs and overcome problems such as low pressure, paraffin, corrosion, and more. We will identify companies willing to offer a “no money down” approach, or other forms of innovative financing. In addition to reviewing the technology, we will review case studies.
Improving recoverable reserves and optimizing the production from mature fields often involves waterfloods, which can reach the end of their effectiveness, with still a great deal of oil left behind in the reservoir. New techniques and technologies can be used to revitalize the reservoir and get the oil flowing again from the same waterflood. Welcome to an interview with Geoffrey Thyne and Teresa Nealon who discuss the technique of optimizing wettability to recover oil from mature fields.
The goal of this two-day workshop is to proactively create opportunities yourself and your company in a low price environment. You will learn how to bring value propositions to operators. Revitalize reservoirs for less than the cost of plugging and abandoning, paid for by increased production. Rethink reservoirs and push paradigm shifts that will result in breakthroughs. We will discuss how to use these times to pilot new products and technologies and thus position innovative companies to boom when conditions improve. This event is for engineers, geologists, geophysicists, land professionals, and entrepreneurs. *Please see our discounted rates for unemployed geoscientists, students and young professionals
Welcome to an interview with Bryan Turner, whose work at the University of Oklahoma's Institute of Reservoir Characterization focuses on chemostratigraphy.
Date: 25 September 2022 Time: 8:30am - 4:30pm Course Instructor: Alberto Ortiz, Net Zero Carbon Solutions Registration Fee: $530 Registration Deadline: 25 August 2022 Short Course registration is included as part of the GTW registration process. The petrophysical characterization of unconventional shale-type reservoirs has been one of the most approached and relevant issues in the oil and gas industry in the last 8 years. This is because after several years, the operating companies comprehended the impact that an appropriate characterization of the reservoir has on their project economics. Another reason for this were the technical obstacles encountered in the measurement of petrophysical properties such as porosity, saturation and permeability due to the complexity of this type of reservoir. Obstacles and limitations not only relate to laboratory measurements but also to electrical logging tools. As a consequence of this, nowadays, petrophysical evaluations in this type of reservoir do not have standardized workflows established and accepted worldwide as is the case for conventional reservoirs. This motivates the professionals involved in the study of this type of rocks to dedicate a lot of effort in the validation of the technologies used, and sometimes it is difficult for them to understand the results, the evaluation of uncertainties and the construction of petrophysical models with results and representative parameters of the subsurface conditions. This course will focus on providing key knowledge for a better characterization of the rock both in the aspects related to the matrix represented by mineralogy and kerogen as well as the fluids present. The approach will be based on the convergence of different technologies that support and give robustness to the results. The contents that will be provided will include laboratory testing techniques and petrophysical evaluation of electrical well logs for unconventional shale-type reservoirs. The contents provided will cover a variety of studies based on the most diverse physical principles that will include the latest advances and techniques used in the industry such as Nuclear Magnetic Resonance, Spectroscopy, Dielectric, Computed axial tomography and SEM images, among others. As a result of this, attendees will have tools that allow a more comprehensive understanding of this type of rocks, a better assessment of the uncertainty of the model used and the necessary steps to improve its precision, accelerating the learning curve. The contents provided will also allow knowing the critical parameters that must be taken into account for the definition of areas to be drilled. Course Topics Reservoir heterogeneity characterization from outcrops to lab data and electrical logging. Most relevant unconventional plays of the world. Main characteristics. The petrophysical model. Components and definitions, construction, uncertainties, strengths and weakness. Lab studies: porosity, saturation, mineralogy, organic geochemistry and permeability. Electrical logging response on unconventional shale plays: triple combo, NMR, NMR T1T2, nuclear spectroscopy, spectral GR, dielectric. The effect of maturity on kerogen. Challenges on water saturation calculation. Data integration. Interpretation workflows and core calibration.
Join us for 'Pivoting 2021: The New Way to Work'. Panelists will discuss the way that work is done, both in operations and support roles, and discuss specific examples of technologies being used, and how they contribute to a safer, more efficient and profitable endeavor. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 9 June 2021.
Geologic interpretations are the basis of most exploration workflows, whether building a 3-D framework, a geocellular model, or modeling HC basins and estimating HC reserves. All these workflows rely on the most realistic and accurate interpretation in order to produce high-confidence results. Join us to hear from Catalina Luneburg, founder and director of TerraEx Group and specialist in the validation of HC basins and structural geology modeling.
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.
Visiting Geoscientist Susan Morrice shares her personal experience and insight in this talk about opportunities for geoscientists. “Geoscientists have advantages ... They are Time Travellers and have open minds. Bringing this creativity and innovation to your company or starting your own! Challenging times bring silver linings!”
Visiting Geoscientist Juan Pablo Lovecchio reviews general aspects of rifting, rifts and passive margin formation and evolution through time, as well as elements of petroleum system development.
Join us for 'Analytics-Based Opportunities in Double Black Swan Times' where we will discuss the steps companies are taking, business considerations in cross-industry analytics -start-ups to majors, analytics agility in a double black swan world, enabling the workforce to utilize and exploit data remotely using the cloud and machine learning. Webinar will be presented via Zoom 7pm - 8:30pm CDT, 3 June 2020.
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.
Ray Leonard will be talking to us about 'Climate Change, Covid-19 and the Effect on Energy’s Future'. Fossil fuels have led to a profound increase in world living standards but resulting emissions of CO2 and methane into the atmosphere are a primary factor in climate change. The impact of the Covid-19 pandemic of 2020 has resulted in a significant decrease in world economic activity, which in turn has led to a major, if temporary, decrease in greenhouse gas emissions, particularly CO2. Join Ray Leonard via Zoom on June 15 at 12:00 GMT+1
In a world moving to net-zero emissions during the COVID-driven oil price collapse, there remain important scientific and business opportunities for geoscientists, particularly those with expertise in stratigraphy, sedimentology, reservoir geology and hydrocarbon production. In this webinar, Dr. Julio Friedmann, senior research scholar, Center on Global Energy Policy, Columbia University discusses the challenges this community faces which are not scientific or technical, but rather involve shifts in business model, policy and global market trends. Webinar presented via Zoom on 11 December 2020 at 11:30 am CST (UTC-6).
Using global examples and based on 40 years’ experience in mainstream geology and in Petroleum Systems Analysis, Andrew Pepper will discuss how re-thinking some of our paradigms can open up our minds to new Discovery Thinking in any old or new basin.
The following short course option was developed for geology and geophysics students that have not had much exposure to how geoscience is applied in industry. It can be tailored for undergraduate juniors and seniors or graduate students. The agenda can be modified to meet specific needs and time constraints. Contact the presenter to discuss options.
Request a visit from Fred Schroeder!
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.
Request a visit from Sherilyn Williams-Stroud!
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!
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!
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 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!
The following short course option was developed for geology and geophysics students that have not had much exposure to how geoscience is applied in industry. It can be tailored for undergraduate juniors and seniors or graduate students. The agenda can be modified to meet specific needs and time constraints.
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.
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