Details of "Continuing Education - Oil Patch Orientation"Outline: * Introduction/Outline of the Day * The Economics & Future of the Petroleum Industry * Theory of the Origins of Hydrocarbons * Reservoir Parameters (eg: Porosity/Permeability) * Geology of Petroleum & Geophysics * Drilling Basics * Well Logging * Well Completions * Reservoir Drive Mechanisms * …
Incredibly the average E&P asset development over the past 15 years has had a generally dismal outcome and has delivered only 60% of the value (NPV) that it promised at sanction. Due to the increasing technical complexity and to some extent the demographics of the industry – both ours and our supply chain providers in …
You’ve properly formatted all the inputs, pressed all the right buttons and the Year End cashflow runs are complete. The summaries are published, management has signed off on the preliminary second version of the final run and the auditors are waiting for their export. Can you reproduce the correct results? If you can’t, why not? …
Fracture geometry is one of the key variables when completing multiple pay targets, such as the Middle Bakken and Three Forks members, from a single lateral, as is the case in the Williston Basin in North Dakota. In order to provide better insights into the fracture growth characteristics, ConocoPhillips embarked on two projects with varying …
In 2012, Noble Energy designed and built an in-situ underground laboratory in Wells Ranch Section 25, Weld County, Colorado. The essence of the design includes nine horizontal wells demonstrating 660’ and 330’ well spacing with two different placement patterns, BBB and BCB. Thirteen plus independent surveillance technologies were overlaid in the section to directly observe …
Fracture geometry is one of the key variables when completing multiple pay targets, such as the Middle Bakken and Three Forks members, from a single lateral, as is the case in the Williston Basin in North Dakota. In order to provide better insights into the fracture growth characteristics, ConocoPhillips embarked on two projects with …
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