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Keywords: oil production
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Proceedings Papers

Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179965-MS
... is based solely on the impact of the gas phase (for two-phase flow) on production performance. Also, the effects of fluid composition on cumulative oil production and oil rates were analyzed using compositional and two-phase black-oil simulations. Results from compositional simulations were different...
Proceedings Papers

Paper presented at the SPE/IAEE Hydrocarbon Economics and Evaluation Symposium, May 17–18, 2016
Paper Number: SPE-179990-MS
... Abstract Mexico's oil production has been declining for the last decade. Therefore, the country has established strategies to increase oil production including the acquisition of new technology to produce unconventional reservoirs as well as the implementation of new regulations to enhance...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, May 19–20, 2014
Paper Number: SPE-169833-MS
... Abstract The application of horizontal drilling coupled with hydraulic fracturing technology has enabled tight oil economic production from tight oil reservoirs (well known as "shale play"). In North America, tight oil production has emerged as a reliable crude oil source. The contribution from...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, September 24–25, 2012
Paper Number: SPE-159424-MS
... analysis well count energy economics supply and demand forecasting infrastructure oil production alberta eor project wcsb enhanced recovery upstream oil & gas contributor contribution infill drilling price environment oil price chemical flooding methods waterflooding reserve growth...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 8–9, 2010
Paper Number: SPE-130196-MS
...) or dQ/dt ) could be expressed as a parabolic function of the cumulative production, Q , ( Hubbert 1962 , 1982 ), (1) q t = d Q d t = a Q + b Q 2 When cumulative oil production is equal to ultimate oil recovery, Q ∞ , the production rate q will be zero...
Proceedings Papers

Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-107715-MS
... comprising 4,560 acres with 15 producing wells was formed in July 1987 and began air injection operations four months later. Before unitization the oil production was declining steadily but the response to air injection has resulted in a significant production increase over its historical decline. While...
Proceedings Papers

Paper presented at the Hydrocarbon Economics and Evaluation Symposium, April 1–3, 2007
Paper Number: SPE-107949-MS
... optimizer injection cumulative oil decision variable heavy oil Artificial Intelligence Upstream Oil & Gas oil production iteration Injection Rate reservoir Introduction Heavy Oil has recently become increasingly exploited resource due to the resurgence in oil prices and its relative...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94672-MS
... by discount rate at the same time that intervention and well operating costs increase by inflation rate. The use of Intelligent Well Systems not only reduces or eliminates some capital and operating costs, but also allows operators to accelerate oil production, increase the ultimate recovery and reduce water...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 3–5, 2005
Paper Number: SPE-94676-MS
... intelligence portfolio analysis upstream oil & gas portfolio oil production database npv efficient frontier inventory constraint optimization problem capex level portfolio optimization information portfolio measure confidence curve asset and portfolio management visualization tool...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 29–30, 1993
Paper Number: SPE-25820-MS
... cost. By comparing the costs with future oil price scenarios, it is estimated that the level of oil production in the North Sea could be between 3.6 and 5 million barrels per day in 1995 and between 1.6 and 2.9 million barrels per day in the year 2000. These production estimates include the incremental...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 29–30, 1993
Paper Number: SPE-25833-MS
... requirements could result in 26% higher initial costs for new gas wells, and 32% higher costs for new oil wells. Annual operating costs could increase by 59% for gas wells and 43% for oil wells. Crude oil production in the U.S. could decrease by 290,000 to 620,000 B/D by 2010 under a high regulatory scenario...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, April 11–12, 1991
Paper Number: SPE-22023-MS
... reserve additions, and 4,689 MMSTB of oil production during the 1980's in West Texas. During the 1980's, oil price controlled the number of development well completions, the amount of developmental reserve additions, and oil production in West Texas. The oil price increases of the early 1980's resulted...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 2–3, 1987
Paper Number: SPE-16292-MS
... produciton africa oil reserve spe 16292 germany oil production SPE Society of Petroleum Engineers SPE 16292 Worldwide Oil and Gas Supply and Demand by M.E. Osman, University of U.A.E. SPE Member Copyright 1987, Society of Petroleum Engineers This paper was prepared for presentation at the SPE...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 2–3, 1987
Paper Number: SPE-16288-MS
... adam smith reserves replacement free world oil production upstream oil & gas opec supply and demand pricing acquisition supply and demand forecasting spe 16288 exploration revenue asset and portfolio management saudi arabia crude price market share oil price non-opec oil...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 14–15, 1985
Paper Number: SPE-13767-MS
... a unique Monte Carlo technique to financially quantify the uncertainties associated with various chemical EOR alternatives. Parameters such as: oil pricing capital and expense escalation oil production and decline curves Total incremental oil production are allowed to vary in the model...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 3–4, 1983
Paper Number: SPE-11305-MS
..., with the Central North Sea area having only moderate depths. p. 141 egypt discovery ratio asset and portfolio management oil field gulf government oil reserve potential norway discovery upstream oil & gas contract term oil production development cost spe 11305 surplus economics...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 3–4, 1983
Paper Number: SPE-11301-MS
... negotiation in several areas. P. 117 negotiation consultant spe 11301 asset and portfolio management petroleum property acquisition information property acquisition oil production purchaser cash flow acreage acquisition drilling upstream oil & gas engineering consideration reserves...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, February 11–13, 1979
Paper Number: SPE-7707-MS
... which remains in the earth's crust, and the amount of it which is likely to be recoverable allowing for improvements in technology and substantial price increases. The most widely accepted interpretation of these data has led to the conclusion that the physical limits to world oil production may lie...
Proceedings Papers

Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, February 11–13, 1979
Paper Number: SPE-7719-MS
... umbrella. market analysis Energy Economics supply and demand pricing supply and demand forecasting oil consumption worldwide supply non-opec supply soviet production Japan Upstream Oil & Gas world consumption surplus drilling operation oil production sino-soviet export Europe...
Proceedings Papers

Paper presented at the SPE Economics and Evaluation Symposium, February 21–26, 1977
Paper Number: SPE-6337-MS
..., there will be an ever-increasing burden of deficits in the oil-importing nations which must be financed through the international monetary system. Wall Street OECD country World Oil Saudi Arabia population group OPEC production recovery cartel oil production allocation Upstream Oil & Gas oil...

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