..., which now have enough production to makereasonable estimates of ultimate recovery from both horizontal and verticalwells, has been reviewed in order to determine what likely range of ultimaterecoveries might be expected from horizontal wells in similar pools. Forecasting of production and ultimate...

... forecast ultimate potential reserves replacement development drilling new field wildcat wildcat drilling correlation asset and portfolio management growth rate minor correlation exploratory well province alberta THE PETROLEUM SOCIETY PAPER 99-02 Alberta s Development and Exploratory...

... and the numerical simulation predictions assume that the horizontal well pair will be placed 100 metres apart. Therefore the area exploited by one well pair is 9.5 ha. lake project steam-assisted gravity drainage application well pair hilda lake requirement steam oil ratio forecast sagd donnelly...

... enhanced recovery alberta injection climate change trunkline recovery factor miscible method screening criteria sequestration infrastructure carbon tax upstream oil & gas oil recovery forecast co 2 miscible flood THE PETROLEUM SOCIETY CO2 in Alberta A Vision of the Future K. Edwards...

... to the industry as a benchmarking tool. There are many dangers in using the unit-value-of-reserves method for establishing value, but if the process is understood, it can be very valuable. ngl evaluation forecast discount rate upstream oil & gas project valuation concern value gas reserve...

... of the larger majors. (This technology also has the potential for enhancing the deliverability of conventional gas.) An analytical model has been developed to predict the deliverability and production forecast of a multi-fractured horizontal well in a tight gas pool that includes the initial, transient...

... and option contracts. The assessment of contract value is based on the gas price forecast, the volatility in that forecast, and the valuation of risk caused by that volatility. The method we present allows the gas producer to quantify these elements, and to evaluate the variety or terms encountered...

... Abstract This paper demonstrates how a combination of old theory (decline methods, statistics) and new technology (computer graphics) can enhance decline-curve forecasts for multi-well groupings (aggregated production). Production and well-count forecasts are presented for four very different...

... and taxes. Detailed derivation of the linear equations is described in an APPENDIX A. Introduction The process of generating a production forecast for a gas field is well known in the oil and gas industry, Numerous computer program models to forecast gas production are widely available within...

... Introduction Forecasting oil prices is a necessity for oil companies, investors in oil stocks, and for financial institutions who lend to businesses that are directly or indirectly related to the oil industry. The problem, to quote Neils Bohr "It is extremely difficult to make an accurate...

... of extreme volatility for crude oil prices and a corresponding high level of uncertainty for future natural gas prices. The following paper presents a discussion of the current market uncertainties and their impact on canadian oil and natural gas prices. Domestic and export natural gas sales forecasts...

... annual technical meeting correlation technique flow in porous media forecast delaney esso resource canada ltd extension miscible flood environment annual general meeting areal discontinuity waterflood correlation injection recovery prediction upstream oil & gas model laboratory miscible...

... Abstract Variations in the average gravity, sulphur content, and distillation character1stics of indigenous crude oil are summarized. The requisite data base is developed from individual pool, pipeline, and synthetic plant sources. The forecast interval begins in 1978 and ends in 1990...

... Board. It normally provides information which can be used successfully to forecast rates from a gas well. However, the method has a serious drawback when applied to a well completed in a zone of low permeability. One of the requirements of the test is that the extended flow period should be long enough...

... evaluation, i.e., the forecast of production rates which is a combination of reservoir, geological and economic data and a knowledge of how various reservoirs will perform over their lifetime even though only limited data may be available at the time of evaluation. The forecast must obviously reflect...

... to over one million barrels a day by 1975, export demand will outstrip domestic demand to reach a level of about 1.3 million barrels a day. Consequently, crudeproduction in Canada will rise by over fifty per cent in the next five years. Explicit in the forecast will be the free access of Canadian crude...