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Posts Tagged ‘reservoir management’

Growing Offshore Oil and Gas Reservoir Recovery Rates

Posted in Oil & Gas on Thursday, April 19th, 2018. No comments yet
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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 increase productivity among the current staff. In an Offshore […]

Streamlining Reservoir Modeling Workflows

Posted in Oil & Gas on Tuesday, February 3rd, 2015. One comment so far
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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 optimizing reservoir performance through a systematic application of integrated, multidisciplinary technologies. It approaches reservoir operation and control as a […]

Improving Decisions across Reservoir Management Lifecycle

Posted in Oil & Gas on Wednesday, December 4th, 2013. No comments yet
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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, etc. Emerson’s Tor Barkve, a Technical Product Manger in the Roxar Software Solutions […]

What to See at the Offshore Technology Conference 2012

Posted in Oil & Gas, Technologies on Wednesday, May 2nd, 2012. 2 comments so far
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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 definitely two industries with unique business challenges, processes, and operational challenges. In Twitter, […]

Modelling Complex Oil and Shale Gas Reservoirs

Posted in Oil & Gas on Tuesday, November 22nd, 2011. One comment so far
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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 communications between different layers within oil and gas reservoirs Reservoirs with complex […]