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Risks and opportunities associated with shale plays as unconventional projects go global. (Part 4) Some of this material was prepared for presentation at the ADIPEC 2013 Technical Conference, Abu Dhabi, UAE, 10-13 November 2013 in a presentation titled “A Consistent Approach to Source Rock Resource Evaluation and Optimization.” This is the fourth in a series […]

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Risks and opportunities associated with shale plays as unconventional projects go global. (Part 3) Some of this material was prepared for presentation at the ADIPEC 2013 Technical Conference, Abu Dhabi, UAE, 10-13 November 2013 in a presentation titled “A Consistent Approach to Source Rock Resource Evaluation and Optimization.” This is the third in a series […]

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Risks and opportunities associated with shale plays as unconventional projects go global. (Part 2/5) Some of this material was prepared for presentation at the ADIPEC 2013 Technical Conference, Abu Dhabi, UAE, 10-13 November 2013 in a presentation titled “A Consistent Approach to Source Rock Resource Evaluation and Optimization.” This is the second in a series […]

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Some of this material was prepared for presentation at the ADIPEC 2013 Technical Conference, Abu Dhabi, UAE, 10-13 November 2013 in a presentation titled “A Consistent Approach to Source Rock Resource Evaluation and Optimization.” This is the first in a series of five blog entries on the subject. The commercialization and widespread development of shale […]

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Analyzing Waterflood Communication: In this month’s blog, Baker Hughes reservoir engineering consultants Shelia Marsh and Atul Kshirsagar contribute to the blog. I also appreciate Neil Meldrum and Edwin Jong’s input. One key to optimizing oil recovery and determining production potential of waterflooded fields is through reservoir surveillance. Geological studies alone cannot quantify potential increases in […]

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Deepwater exploration, development and production present unique challenges to operators. Safe operations and protecting the environment are primary requirements. Minimizing risks and maximizing recovery are also among their top priorities. With average worldwide rig day rates remaining higher than $300,000 (drillships and semisubmersible rigs), there is no room for unexpected costs resulting from nonproductive time. […]

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For this blog entry I continue to quote from a White Paper prepared by Baker Hughes and available on our website. The complete paper can be obtained here. I will present it here in three parts. Minimizing risks with responsible fluids No regulatory body has documented a single case of fracturing fluid contaminating fresh water […]

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For this blog entry I continue to quote from a White Paper prepared by Baker Hughes and available on our website. The complete paper can be obtained here. I will present it here in three parts. Executive Brief Since the late 1940s, hydraulic fracturing technology has been used in more than a million U.S. wells to […]

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The concept of using simulations to estimate variability and risk has evolved in acceptance and popularity over my career. An understanding of the concepts involved is so fundamental for reservoir engineers that I have chose to illustrate those concepts very simply. A number of excellent references are given for further study. Commercial software is available that can […]

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The application of Monte Carlo simulations is one of the most important tools that reservoir engineers can master in the field of modern risk analysis. Nearly all business decisions are made under conditions of uncertainty. Decision making under uncertainty implies that adequate information for assuring the right decision is lacking and two or more outcomes […]

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