.... The paper has not been peer reviewed. _ Optimizing economics for unconventional resource development is a delicate balance. To search for the optimal pad design, operators often invest in integrated technical work flows with multiwell fracture modeling and reservoir simulation. Although useful, these work...

..., about the same time as CO 2 ‑EOR became feasible (maybe economic). But in no way do I claim credit for this success; it is the result of hundreds of highly competent technologists working in labs, on computers, in the field, and planning, always planning. But I do claim a sense of perspective...

... reservoirs to be produced through a single well, which reduces drilling costs and minimizes the environmental impact of the drilling process. In designing drilling plans, operators have considered economics when deciding whether to employ the traditional process of rotating the drillstring to control well...

... complete paper economics operator reserve booking reservoir accumulation reserves replacement undeveloped reserve reserves evaluation capex incremental method evaluator incremental reserve Study Examines Incremental Method vs. Split Conditions in Reserves Booking After the oil-price crashes...

...Chris Carpenter This article, written by JPT Technology Editor Chris Carpenter, contains highlights of paper SPE 200427, “Evaluation of Eagle Ford Cyclic Gas Injection EOR: Field Results and Economics,” by George Grinestaff, SPE, Chris Barden, and Jeff Miller, SPE, Shale IOR, prepared for the 2020...

... economical and extended the lives of fields. CO 2 EOR in miscible or near-miscible floods can revitalize mature fields, with a typical tertiary response on the order of the secondary recovery efforts in both duration and volumes. In the past, projects have been limited by chemistry, CO 2 supply...

... Technologies, prepared for the 2018 SPE Improved Oil Recovery Conference, Tulsa, 14–18 April. The paper has not been peer reviewed. This paper presents pilot-testing results and economics from a novel electrochemical desalination technology for enhanced oil recovery (EOR) produced water. The pilot objectives...

... 2018 STB economics gas injection method gas lift cumulative production field trial assumption Eagle Ford SAGD oil shale huff pilot project injection well Oil Recovery complex reservoir Upstream Oil & Gas infrastructure unconventional oil reservoir lease 91JPT NOVEMBER 2018...

... publications on artificial lift and is a frequent speaker at industry events. Regional Director Africa Omowumi O. Iledare is Chirota and Emmanuel Egbogah distinguished professor of petroleum economics and director of the Emerald Energy Institute at the University of Port Harcourt, Nigeria. He is professor...

... Imaging digital rock testing rock imaging Upstream Oil & Gas Simulation faster measure Rock Testing reservoir Fredrich digital rock analysis CT scan Exa economics digital rock imaging software exploration 28 JPT AUGUST 2017 BP is working to push digital rock testing...

... of the more-challenging project conditions of deeper water, longer tieback distances, and harsher reservoir properties have intensified this effect on both operators and equipment suppliers. Today, subsea processing offers the industry a wide range of technology-ready tools that can improve the economics...

..., shale oil, remote locations, or environmentally critical plays is placed under the microscope. Increasingly difficult project economics has delayed or stopped investments that were estimated to be safe and profitable before the price drop. In this extended-low-oil-price framework, a positive economic...

...Adam Wilson This article, written by Special Publications Editor Adam Wilson, contains highlights of paper SPE 177729, “Improving Megaproject Economics Through the Use of Early Production,” by James A. Volker and Adam J. Bond, Zakum Development Company, prepared for the 2015 Abu Dhabi International...

... the economics of its projects. In last year’s article, I highlighted the uniqueness and customizable nature of well completions, which makes the completion strategy a rich target for change as project economics are reevaluated in the face of uncertainty. As activity plummeted to record lows, we witnessed...

... scenarios on how deepwater breakeven prices can be brought down significantly. The Past and Present In the run-up to the oil price drop in late 2014, deepwater had spectacular investment and production growth. However, even then there were signs of increasingly challenging project economics. Global...

... hydraulic fracturing Upstream Oil & Gas consortium diversion pill operation Technology Update incremental oil production september 2015 diversion particle fiber Schlumberger operator proppant initial production diversion technology unconventional play plug economics fracture...

... and kept at a level sufficient to maintain a stable positioning of the blocks. Digital Reamer Enhances Drilling Efficiency, Economics, and Safety Ahmed Al-Essa, Baker Hughes TECHNOLOGY UPDATE 40 JPT MAY 2015 In deactivate mode, the pressure is applied on the other side of the piston, pulling the yoke...

... discovery transportation new paradigm LNG production pipeline gas economics liquefaction 110 JPT APRIL 2015 Small- and medium-scale liquefied natural gas (LNG) is different from conventional LNG in trading distances, target markets, and application areas. Small- and medium- scale LNG may better...

...Helge Hove Haldorsen; Patrick Leach President's column Questions posed by 2015 SPE President Helge Hove Haldorsen Answers provided by Theodore W. Pirog, Energy Advisor, Corporate Strategic Planning, Exxon Mobil Corporation and Robert Gardner, Manager, Economics and Energy Division, Corporate...

... have transformed low-quality resources into economically viable sources of energy. Over the past 7 years, exploration and production (E&P) companies have increased production rates, but not necessarily recovery rates, and therein lies the challenge. Predicting and maximizing estimated ultimate...