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Keywords: economics
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Proceedings Papers

Paper presented at the Annual Technical Meeting, June 7–9, 1998
Paper Number: PETSOC-98-31
... Abstract The Pembina Keystone Cardium Unit #2 is located on the eastern edge of the Pembina Cardium oilfield. PKCU #2 has been on prim- depletion for over 40 years and was nearing the end of its economic life. In late 1995 the Pembina Exploitation Team within Canadian Oxy decided to review the...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 7–9, 1998
Paper Number: PETSOC-98-38
... the overall reserve of both oil and gas in Canada (excluding the oil sands) has become rather steep, with the new finds often small and marginal. In addition, the attention of major oil and gas producers is moving from conventional oil wells to oil sands, even while overall oil sand economics is still...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 7–10, 1997
Paper Number: PETSOC-97-34
... geological traps under displacement processes. The benefits of early IOR applications extend to the deferral of abandonment, which is demonstrated to have positive incremental economics to the corporation. It is pointed out that although the concept is outlined here for offshore oil fields, the natural...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 7–10, 1997
Paper Number: PETSOC-97-92
... fields trials, downhole separation has shown itself to be economically very attractive in numerous field trials and potential field applications around the world. While reduction of water production has long been a goal of the oil industry, the economics of reducing water at source still appear to be...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 9–11, 1996
Paper Number: PETSOC-96-117
... Abstract Horizontal drilling technology has been the fastest growing segment of the oil and gas industry over the last few years. With the diversity of reservoirs in the Western Canadian Basin, Canada is widely recognized as a leader in this technology. Due to economic, environmental and...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 11–14, 1994
Paper Number: PETSOC-94-44
... schemes, each of which offers trade-off between product yield, product quality, capital cost, and operating costs. Generally in Alberta the high conversion hydro-cracking schemes offer better economics. This is mostly due to their higher yields and better product qualities more than offsetting their...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 8–11, 1993
Paper Number: PETSOC-93-40
... Maintaining a royalty regime consistent with the economics of discovering and developing oil and gas in Alberta is the primary mandate of the Department of Energy's Supply and Royalty Policy Branch. Based on its, and its predecessors, analyses a number of changes have been made over time to...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 8–11, 1993
Paper Number: PETSOC-93-19
... technical conference technical meeting medium-light oil conclusion horizontal well directional drilling petroleum society upstream oil & gas horizontal drilling royalty regime drilling operation production data economics water production publication rights western canada A REVIEW OF...
Proceedings Papers

Paper presented at the Annual Technical Meeting, April 20–23, 1991
Paper Number: PETSOC-91-101
... Abstract Many factors influence the perception of economic performance for developing projects. Some of these factors can be controlled by the developer. Some are outside the developer's sphere of influence. Technology selection, management systems, stakeholder involvement, environmental...
Proceedings Papers

Paper presented at the Annual Technical Meeting, April 20–23, 1991
Paper Number: PETSOC-91-112
... (SCO) for sale to downstream refineries. The economics of a regional upgrader depend not only on energy prices, but on the price differential between bitumen or heavy oil feedstock and SCO product. As this upgrading differential is subject to many factors, most of them independent of oil prices, the...
Proceedings Papers

Paper presented at the Annual Technical Meeting, April 20–23, 1991
Paper Number: PETSOC-91-113
... Abstract The economic and technical evaluation of heavy oil upgrading technologies has been the subject of many studies conducted by the Alberta Oil Sands Technology and Research Authority (AOSTRA). Based on the findings of these studies, major pilot plant demonstrations of four high...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 9–12, 1990
Paper Number: PETSOC-90-84
... and to improve vertical conformance of injected steam. By replacing a part of steam with unheated water, the process also reduced fuel consumption and improved the steamflood economics. Prior to the WASP application, steam breakthrough in the VE sands caused well sanding, cutting of downhole tubulars...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 11–15, 1988
Paper Number: PETSOC-88-39-103
... is shown how the COPE process overcomes these limitations. Nitrogen injection and rejection costs are presented For the case in which nitrogen is the primary economic driving force for a project to recover hydrocarbons. For this case, the economic benefits of using the oxygen vent in existing or...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 11–15, 1988
Paper Number: PETSOC-88-39-11
... dominant factor in the economics of most sour gas developments. The exception is super sour gas which we will discuss shortly. Since methane is the commonest hydrocarbon component of Sour gas, the market for this commodity will continue to be a controlling factor. As a "clean" fuel, methane is not likely...
Proceedings Papers

Paper presented at the Annual Technical Meeting, June 1–4, 1985
Paper Number: PETSOC-85-36-2
... recovery techniques. Despite the fact that the oilsupply has caught up with the demand. oil producers are still activelyintroducing "improved" oil recovery techniques wherever economics justify them.The literature still contains many references to the projects being initiatedor underway. The techniques...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 9–12, 1983
Paper Number: PETSOC-83-34-03
... Abstract In offshore areas of Canada: Nova Scotia, Newfoundland, and the Beaufort Sea, a total of 60 turbodrilling tests were run with 5 different classifications of bits on both 2 and 3 section turbines. The economics of each of these runs were evaluated in terms of offset rock bit on rotary...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 2–5, 1981
Paper Number: PETSOC-81-32-25
... Abstract In mid-l980, Kloepfer Coles Nikiforuk Pennell Associates Ltd. prepared an estimate of Alberta's ultimate natural gas reserve potential under the perceived economical, geological and technical constraints at that time (1). The study was commissioned by Trans Canada Pipelines Limited...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 6–9, 1974
Paper Number: PETSOC-374023
... Abstract Economic development of the Milk River sand requires that each well produce to the maximum of its capabilities. This infers it is highly desirable that initial well completions should be optimized by including the best potentially productive intervals. However, the producible sand...
Proceedings Papers

Paper presented at the Annual Technical Meeting, May 6–9, 1974
Paper Number: PETSOC-374015
... other than waterflooding may be more economic accurate predictions of these schemes are also required before a waterflood is implemented. The effect of producing rate on economics and ultimate oil recovery must also be considered. For these reasons the majority of waterflood studies will justify the...

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