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Improving People’s Lives Hope is not a strategy….but without hope there is no strategy(1). A great benefit of being SPE President is the chance to interact with students and young professionals around the world. Many are anxious about the future, but not panicked. I have been asked if this is the worst time ever in […]

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Risks and opportunities associated with shale plays as unconventional projects go global. (Part 5/5) 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 fifth and final in […]

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I recently had the opportunity to address a large group of materials scientists and engineers who work for Baker Hughes. I attended a few of their talks during the two-day conference and I was impressed with how complex and sophisticated the technologies involved are. While this blog is dedicated to reservoir issues I decided to […]

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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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I joined the World Oil Advisory Board in 1996 while working for a large independent oil company. Each December World Oil (and my subsequent employers) have allowed me wide latitude to opine on technical, commercial and related issues that I think will be important to the industry. For this blog entry I have included this […]

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The asset team responsible for optimizing the value of a field under waterflood doesn’t have the ability to change the existence of reservoir heterogeneities but must recognize them and properly characterize them in the static and dynamic models. They utilize the results of pre-existing reservoir monitoring data and recommend optimal data gathering to improve their […]

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