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Keywords: revenue
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210119-MS
... for small municipalities or industrial applications and/or as a contribution to the regional grid power supply. shale gas threshold upstream oil & gas machine learning revenue petroleum engineer complex reservoir loading methodology co 2 database high temperature shale ga formation...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210156-MS
... into the atmosphere and generated approximately 80 MW that was sold back to the grid. The technology presented in this paper reduced GHG emissions, provided a power source on location, and generated revenue for the operator. Our case study application would reduce GHG emission by approximately 3,400 lbs. in a one...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210226-MS
... Abstract Traditional economic measures use chiefly net present value to compare on-going net revenue to plugging liabilities and other retirement liabilities, but operators onshore in the US plan to pay for plugging costs from cash flow . Liabilities have accumulated and continue...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-205969-MS
... & gas lng facility integrated field management system fuel gas feed gas operation integrated model resource owner processing facility party resource owner process simulation model lng processing facility economic limit composition revenue integration scenario Introduction...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206106-MS
... evaluation chemical flooding methods tco 2 storage capacity storage cost sequestration revenue operator us government pvt measurement midstream oil & gas co 2 tax credit simccs petroleum engineer oklahoma injection site emission source Introduction Considering all scenarios...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-205942-MS
..., the solution to problems is not a complex spreadsheet shared on SharePoint, it's an elegant integration of technology that optimizes human performance as shown in this case study. strategic planning and management information management incremental revenue artificial intelligence exhibition machine...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-196068-MS
.... The magnitude of cost recovery towards Indonesian economy increased public concerns in recent years, especially when it reached more than one-fifth of the government's total revenue from oil and gas sector in 2011 and the portion has escalated since then. At 2016, the cost recovery consumed almost half...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–26, 2018
Paper Number: SPE-191766-MS
... reform Revenue society of petroleum engineers reform strategy domestic economy oil production Introduction The Oil & Gas Industry is in a volatile place at present. Rather, it has been in such a state for the past few years. Oil prices which stabilized at a value of 100$/BBL from 2011...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–28, 2016
Paper Number: SPE-184496-STU
... Intelligence Upstream Oil & Gas oil price regime Energy Economics asset and portfolio management supply and demand forecasting project valuation well cost investment profitability index application Revenue usd 34 resource management Hurdle Rate real oil price economic growth Capex ceteris...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–28, 2016
Paper Number: SPE-181350-MS
... they are managed ( Mehlum et al., 2006 ). Astute management of revenues generated from natural resources has helped to transform the economies of some resource rich countries such as Norway, North America, Canada, amongst others. In their literature, ( Lederman & Maloney 2007 ) argued that natural resources...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-178752-STU
... to 40% of the net revenue). The rate is defined in the “Petroleum Law” and its calculation criteria in Decree n° 2705 of August 3, 1998. Under the PSC regime, the Brazilian government and a contracted company or consortium will share the oil and natural gas extracted from an area. The royalties...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2013
Paper Number: SPE-166384-MS
..., direct feedback control is straightforward to implement and can be easily applied in real field cases. optimization problem truth model npv artificial intelligence feedback control direct feedback control machine learning upstream oil & gas dilib revenue inflow control strategy...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2013
Paper Number: SPE-166380-MS
... of fractures, and fracture size. Revenue optimization (short-term and long-term) is performed with the same FD well model by finding the drawdown that maximizes revenue. For undersaturated gas condensate LRSR wells, optimal drawdown is often equal to or somewhat below the reservoir dewpoint pressure. We study...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 8–10, 2012
Paper Number: SPE-159722-MS
... discovery basin revenue reservoir characterization upstream oil & gas information geological element probability scenario exploration case study node 3 node 2 marginal probability exploration strategy 1. Introduction When deciding whether to explore and later to produce...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 30–November 2, 2011
Paper Number: SPE-147622-MS
... transverse fracture optimization problem objective function decision variable artificial intelligence constraint spe 147622 injection time optimum value design constraint injection rate reservoir surface pressure horizontal well equation fracture revenue drainage area Introduction...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 30–November 2, 2011
Paper Number: SPE-146765-MS
... intelligence energy economics shale gas supply and demand forecasting complex reservoir upstream oil & gas rig activity commodity price recovery gas price drilling activity market analysis hydraulic fracturing bakken shale oil crisis revenue new technology horizontal well unconventional...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–24, 2008
Paper Number: SPE-116560-MS
... reservoir minimum economic price oil shale united states US government shale shale oil Revenue mining oil shale industry unconventional resource economics shale gas oil shale production united states government petroleum and oil shale reserve economics oil shale project Scenario energy...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–24, 2008
Paper Number: SPE-116602-MS
.... The integrated firms dominated lease inventories issued from 1983-1999 as of yearend 2004 High Bonus Bid Value To estimate gross revenue, we collected actual historical data on lease-specific hydrocarbon production through 2004 for all leases purchased by firms during OCS lease sales from 1983 to 1999. We...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, November 11–14, 2007
Paper Number: SPE-110617-MS
... to account for many of the commercial and non-reservoir parameters. Where the two sets of definitions most markedly diverge are: Application of commodity prices Treatment of revenue and/or volumes of non-hydrocarbons Inclusion of fuel gas as reserves or as projected "sales gas" Inclusion...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, November 11–14, 2007
Paper Number: SPE-113029-STU
...) model and Case two was Steerable Casing while Drilling Method (SCwD) model. Better drilling technique was recommended based on the conclusion reached from the data acquired through secondary research, comparative analysis preformed on time, cost saving and reduction revenue lost due to open hole...
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