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The Importance of Exploration and Production in the Energy Transition Call for Abstracts Expires in 9 days
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Low Resistivity Reservoirs: Path to Explore, Discover and Develop Call for Abstracts Expires in 60 days
At the 3P Arctic Conference & Exhibition this September, Dr. Jonathan Bujak will tell attendees about a plant that has the potential to help reduce today’s climate change.
Unconventional resources have changed the exploration and production business and are changing our profession. It’s a change for the better, where today geoscientists and engineers work closely to identify prospective areas, drill them and optimize recovery of hydrocarbons from the reservoir.
Focusing on rocks, learning from others and implementing new technologies were the keys to success identified during a talk on “Evolution of Unconventional Oil Plays from Early Innovations to Future Challenges,” at the DPA luncheon held during the recent AAPG Annual Convention and Exhibition in Denver.
Unconventional resources have propelled the United States to the top of the world’s energy producers, and the downturn is just another opportunity to figure out how to keep getting better.
Unconventional plays in the Permian Basin are nothing new to the shale scene, as the basin has been horizontally drilled and hydraulically fractured for years. Still, a new approach for evaluating sweet spots, particularly in the Avalon Shale of the play’s Delaware Basin, is slowly changing the way unconventional resources are explored – and perhaps one day, developed.
The chief geologist for a Canadian regulatory agency says the group is working to assess potential risks by better understanding the full geologic framework in the development of oil sands and heavy oil in the province of Alberta.
With the recent surge in new techniques and technology, as well as new plays put into production, a tremendous opportunity exists in both U.S. and international reservoirs to apply lessons learned to existing reservoirs in order to economically increase production and recoverable reserves.
This is the story of the drilling of a costly ($60 million) Lahee A-1 well in the Colombian foothills, which presented significant deviations from the prognosticated stratigraphy halfway to the objective – and became an operational nuisance. Nonetheless, it is mainly a story of successful management and prompt response to the geological uncertainty.
The Wattenberg Field north of Denver has become a big deal in the industry since its discovery in 1970 by Amoco Production Company. It’s a twofer, kicking out both oil and natural gas. To many, mention of the field conjures up thoughts of the upper Cretaceous Niobrara shale, which is a prolific producer there, along with other geologic formations. The Codell sandstone, for example, is a major pay in this giant field.
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