While oil prices continue to recover after a long industry slump, the challenge has now shifted to finding experienced people to plan and execute projects after so many have left the oil & gas industry. One way to address this skills and experience shortage is to...
reservoir management
Streamlining Reservoir Modeling Workflows
PetroWiki defines reservoir management as: …a dynamic process that recognizes the uncertainties in reservoir performance resulting from our inability to fully characterize reservoirs and flow processes. It seeks to mitigate the effects of these uncertainties by...
Improving Decisions across Reservoir Management Lifecycle
Unlike the rest of the process industries where the inputs and outputs to the process are largely known, oil and gas production comes from unseen reservoirs. Reservoir models are built by geologists from numerous sources—log data, lab data, seismic data, outcrop data,...
What to See at the Offshore Technology Conference 2012
This is a big week for some of the major process manufacturing sectors. The Offshore Technology Conference (OTC2012) is going on through tomorrow in Houston, Texas and Interphex 2012 for the Life Sciences industry through tomorrow in New York City. These are...
Modelling Complex Oil and Shale Gas Reservoirs
Most in the oil production business believe the era of easy oil discovery is over. Many of today's oil & gas reservoirs are to be found in increasingly difficult locations with complex geologies. These locations include: Reservoirs with faults, which can break up...
Oil and Gas Reservoir and Properties Modeling
For those of us outside the oil & gas exploration and production business, the work that reservoir engineers do to maximize the probability of locating productive wells is truly amazing. Especially when the reservoir is located deep beneath the ocean floor, like...
Oil and Gas Reservoir Modeling in the Cloud
Emerson's Tyson Bridger has a fascinating article, Cloud Computing Can Be Applied For Reservoir Modeling, in E&P magazine. The phrase, "cloud computing" gets bandied about quite a bit, so I turned to Wikipedia for the latest definition: Cloud computing is...
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