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Keywords: contract
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Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 23–25, 2024
Paper Number: SPE-220706-MS
... can significantly improve the security, reliability and efficiency of the energy storage systems using a decentralized system with transparency and audibility. sustainability storage sustainable development contract sustainable energy review machine learning application energy storage...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 16–18, 2023
Paper Number: SPE-214988-MS
... and gas reserves become increasingly capital-intensive and complex to develop, effective technology transfer is crucial for executing top-level contracts successfully ( Iheukwumere et all 2020 ). However, barriers to technology transfer, such as legal, economic, and technical obstacles, can hinder...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210271-MS
... Abstract Performance contracts are increasingly common in the drilling industry, especially in recent years. This incentivized contract structure, established as a partnership between operator and contractor, improves both well performance and operational execution while incorporating the rig...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206378-MS
... Abstract As most oilfields in Ecuador are approaching to the end of the service contracts under an advanced degree of maturity, it was imperative to implement a fast-track integrated methodology that supports the decisionmaking process during assets' evaluation. This practice aimed to identify...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–26, 2018
Paper Number: SPE-191750-MS
... contract consensus private blockchain smart contract blockchain blockchain technology transaction blockchain database agreement integrity automation transparency Introduction While the Oil and Gas industry has seen many ups and downs, the recent prolonged impact of decreased oil prices...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–28, 2016
Paper Number: SPE-181521-MS
... operator water breakthrough behavior enhanced recovery LNG Midstream oil production availability gas development planning society of petroleum engineers Reservoir Surveillance Upstream Oil & Gas gas supply contract midstream facility Scenario forecast southern iraq INTRODUCTION...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-178752-STU
... Abstract In 2010, the Brazilian government changed its regulatory framework for the exploration and production of the pre-salt reserves, located in the Campos and Santos basins, from royalty and tax (R&T) to a production-sharing contract (PSC) to increase the government take (GT). When...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-174991-MS
... pipeline requirement concentration contract RO system Upstream Oil & Gas Brine generator permeate tank Osmoflo society of petroleum engineers fouling alkalinity legacy brine Introduction Santos, on behalf of its Petroleum Assessment Lease 2 and Petroleum Exploration licence 238...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-174855-MS
... deep cut Upstream Oil & Gas gas processing production monitoring Artificial Intelligence contract development best practice shallow cut Scenario risk management capital recovery configuration processing contract NGL recovery operator duvernay liquid rich shale scenario 3 type...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–24, 2008
Paper Number: SPE-116026-MS
... of managerial flexibility associated with the asset if gas is traded on the market and (b) compares the economic value of two available trading options: sell gas on the market or sell the gas on a long-term delivery contract. During the period in which companies progressively increased the sophistication...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-102874-MS
... payment Service Cost risk management default long-term contract currency exchange risk service company Liability banking & finance financial risk contract operation operator Upstream Oil & Gas pricing exposure valuation forward contract petroleum engineer spe 102874...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-103028-MS
... Abstract In conditions of high demand for rigs and other scarce equipment, it may be appropriate and more advantageous for a client to agree to a forward contract for a service to be performed at a future date at some specified price. In this case, the service provider is contractually bound...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-102846-MS
...Hydrocarbon Field Planning Tool (HFPT) The Eastern Domestic Gas model supplies local consumers as well as power plants via various contracts. The Southern Swamp and several other models combine decline curves with detailed flow station modeling and lookup tables for multi-phase flow...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-101936-MS
..., formation evaluation requirements) and then retains a turnkey company to plan and supervise execution of the well. The turnkey company also must retain a drilling contractor's services under a dayrate contract just as the oil company does when it drills the well internally. The turnkey company receives its...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-102852-MS
.... A dedicated Completions Sector Specialist was created to optimize contract strategies and to manage the key service providers, and a position was created to manage Drilling & Completion quality issues across the region. The detailed planning and engineering remains within the individual field (or rig...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–27, 2006
Paper Number: SPE-103693-MS
... primarily in production development found a niche market. Presenting almost no competition to NOC or IOC, they offer a solution for many assets, which are of no current interest to major oil companies. reserves replacement host government contract independent oil company competition asset...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, October 9–12, 2005
Paper Number: SPE-97065-MS
... uncertainty forward price valuation dcf sheet real option node production logging contract risk management optionality discounting real option valuation option value consolidated approach simulation risk-neutral probability cash flow assumption note option valuation spe 97065...
Proceedings Papers

Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–29, 2004
Paper Number: SPE-90241-MS
... resource classification assessment contract the sec disclosure classification reservoir reserves evaluation reserves classification north america government banking & finance asset and portfolio management united states government contingent resource sec criteria consistency society...

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