GENERAL MEETING | Enhanced Oil Recovery (EOR) for Unconventional Reservoirs: The Next Big Thing?
When: Wednesday February 19, 2020 | 11:30 a.m to 1:30 p.m
Where: Denver Athletic Club | 1325 Glenarm Pl., Denver, CO
Speaker: Dr. Todd Hoffman, Associate Professor, Montana Tech
Unconventional reservoirs have had tremendous success over the last decade due to technical advances including long horizontal wells and multi-stage hydraulic fracturing; however, their potential may be even higher. There are trillions of barrels of oil in these resources, and while wells start out at high rates, they decline quickly and primary recovery factors are low, often in the single digits. This clearly indicates a need for some form of enhanced oil recovery (EOR) for these types of reservoirs.In this presentation, the efforts to implement EOR in unconventional reservoirs will be examined in full detail. A number of different injection fluids have been proposed including miscible gas, water and surfactants. Early work focused on modeling and lab studies, and this provided a base of knowledge that was leveraged to carry out pilot field studies. Pilots have been implemented in at least four basins, and the Bakken and Eagle Ford have both had multiple field trials. Huff-n-puff natural gas injection has been shown to be very successful in the Eagle Ford, and today, large-scale field development is occurring there.
Because most of the field trials have been completed in North America, the examples presented are mainly from there; however, as these techniques are reproduced in other basins, the worldwide potential is enormous, and that potential also is discussed in the presentation.
While much has been achieved over the last decade in unconventional reservoirs, implementing EOR in these types of reservoirs will likely bring about even greater success.
Todd Hoffman is an Associate Professor in the Petroleum Engineering Department at Montana Tech. He teaches classes on Reservoir Simulation, Enhanced Oil Recovery, and Unconventional Reservoirs. Prior to that, he was a reservoir engineering consultant to the oil and gas industry. Todd has worked on reservoir models for more than 30 fields on six continents, and has published over 50 technical papers. His research involves improved recovery for conventional and unconventional reservoirs, fractured reservoir modeling and history matching. Todd received his B.S. in petroleum engineering from Montana Tech and his M.S. and Ph.D. in petroleum engineering from Stanford University.
SPE | 40th Annual Winter Racquetball/Handball Tournament
YP SPE | Annual SPE Ski Fast Energy Bash 2020
When: March 6 - 8, 2020 | 6:00 a.m.
Where: Keystone Resort, Colorado
Welcome to the annual Energy Industry Ski Trip! This year, SPE, DAPL, AND YPE are partnering up to make a true Energy Industry Ski Bash! We're electrifying the slopes this year with a level of energy and enthusiasm that's more rigorous than a surface use agreement, hotter than 1,700 MMBTU clean, Colorado natural gas, and (you'd better believe it) much more exciting than watching solar panels track the sun on a single axis!
We'll have a ski bus traveling up on Friday, après ski party Friday, and other networking opportunities for the remainder of the weekend (including the now famous shirtless closing run on Saturday - Snow or Shine).
Registration this year is a-la-carte. You can have a fun ski day on Friday OR stay for the entire weekend! If you plan to ski for all 3 days, make sure to buy 3 lift tickets. The over 30 year tradition of the après ski party on Friday will be hosted at the base of Keystone in Warren Station. Feel free to attend even if you don't ski!
If you don't take the bus up on Friday, then be sure to pick up your lift tickets prior to March 1 from Tabatha at the DAPL offices: 910 16th Street, Suite 223, Denver, Co 80202 (firstname.lastname@example.org). Registration closes on February 14, 2019 ... don't miss the window!
We have plenty of opportunities to sponsor! Descriptions for each of these options is in the ticket section. If you would like to mail a check instead of registering online (to avoid fees), please email Mark (email@example.com; 970-629-0668) at SPE or Courtney Ahuja (firstname.lastname@example.org; 214-662-7696) at DAPL.
CSM SPE | SPE Joint Session
When: Tuesday April 14, 2020 | 6:00 p.m. to 9:00 p.m.
Where: Friedhoff Hall, Green Center, Colorado School of Mines Campus
Speaker: Mr. Darcy Spady, 2018 SPE President
Darcy Spady, the 2018 SPE president, is the first Canadian to have been elected to this position. Spady, who is managing director at Carbon Connect International, has been an active SPE member since graduating from university. Most recently, he served on the SPE International Board as regional director for Canada. Spady has held officer positions in the Calgary, Illinois Basin, and Appalachian sections. In 2012, he won a Regional Service Award for his work in the Canada region.
Spady has an extensive background in the natural gas, oil, and heavy oil segments of the industry, having worked a decade for Schlumberger across North America in its wireline and pressure pumping segments, as well as with Columbia Natural Resources/Triana Energy group in the Appalachians, and Atlantic Canada. He has also served as CEO of Calgary-based Contact Exploration and more recently as head of sales for Sanjel Corporation. He is an active independent director, serving as board chairman for Green Imaging Technologies, Crestwynd Exploration, and as a board member of MNP Petroleum. He previously served on the boards of Edge Resources, Contact Exploration, Guildhall Minerals, and Poplar Point Exploration. Spady holds a BS degree in petroleum engineering from the University of Alberta.
CSM SPE | Annual Clay Shoot
When: Thursday April 16, 2020 | 1:30 p.m. to 5:00 p.m
Where: Kiowa Creek Sporting Club, Bennett, CO
Join the Colorado School of Mines SPE chapter in their annual clayshoot at Kiowa Creek Sporting Club in Bennett, CO on April 16th 2020! The main shooting event begins at 1:30 pm and ends at 5:00 pm. There are opportunities to play in student-industry hybrid groups to network and build industry connections. For more information contact GE Roose at email@example.com
CONTINUING EDUCATION | A Systematic Approach to Water Management...
When: May 12 - 13, 2020 | 8:00 a.m. to 5:00 p.m.
Title: "A Systematic Approach to Water Management in Unconventional Reservoirs While Doing Surface Field Development Planning Course Description"
Speaker: Lorenzo Hernandez P. Eng
This 2-day compressed training session will provide to any individual the minimum knowledge and tools to support all aspects of front end engineering and field planning for their assigned business area. From Water Management perspectives, the training will educate professionals on how to manage the need of water in Unconventional Developments since water has become one of the most valuable and important commodities and resources.
Price : 2 day (1200 for members and 1400 for non members)
SPE | HFTC Live Stream Plenary Session
When: Tuesday February 4, 2020 | 8:00 a.m. to 10:30 a.m.
Where: Liberty Oilfield Services | 950 17th St. Suite 2400
What: 2020 SPE Hydraulic Fracturing Technology Conference and Exhibition Plenary Session Live Panel Discussion Broadcast
Fees: $10 pre-registration, $15 at the door
Light breakfast with pastries, bagels, and coffee will be served.
Details: This is a live broadcast for SPE section members as an opportunity for us to expand the Hydraulic Fracturing Technology conference audience and include members unable to travel to the event.
We will provide the live stream presentation during the plenary session on Tuesday morning. Members who download the HFTC app will have the ability to pose questions to the panel through the event app.
Where are Data and Technology Taking Us?
Recent advances in unconventional hydraulic fracturing have been characterized by a continuous series of operational leaps forward. The technology advances that have mattered most for dramatic recent industry efficiency gains have included the application of critical process and product improvements, real-time data processing, process simplification, system automation and just-in-time supply chain streamlining. As we enter 2020, we find ourselves asking where the next big advances will come from. What will the next key technological advances be and where and how will they be applied? We believe there is a large role for big data analysis and its use with Machine Learning (ML) and Artificial Intelligence (AI) among others. This session brings a group of experts from varied industries together to discuss what the industry is already doing with these technologies, and where the hydraulic fracturing and unconventionals industry may be heading.
Moderator: Chris Wright, Liberty Oilfield Services
Mariano Gurfinkel - Director Advanced Analytics at Marathon Oil Corporation
Roger Brown – R&D Lab Manager at National Oilwell Varco
Philippe Herve – Vice President Energy at SparkCognition
Francois Laborie – President at Cognite AS
Registration Deadline: 2/3/2020 @ 12:00 Noon
RESERVOIR STUDY GROUP | A multi-disciplinary modeling approach to determine economic viability...
When: Thursday January 30, 2020 | 11:30 a.m.
Where: Schlumberger Office | 1675 Broadway, 7th floor, Denver, CO
Title: "A multi-disciplinary modeling approach to determine economic viability of infill horizontal well
development in the Green River Basin"
Speaker: Taylor Levon, Reservoir and Completions Engineer, Fracture ID.
Production underperformance of an historical infill (child) lateral well was confirmed by observation and modeling to be due to offset vertical well interference. These results led to utilizing a seismic-driven earth model, three dimensional hydraulic fracture, and reservoir models for a planned horizontal well. The goal was to apply past learnings to maximize completion potential and understand the economic viability of infill horizontal well development in the Greater Green River Basin. The results of this study provided insight to determine future horizontal development strategy.
In-situ model input parameters along with field-scale structure were informed by 3D seismic and vertical log data. Parameters were further calibrated to core and offset well DFIT’s with subsequent treatment history matching validation. Modeled fracture geometries were incorporated into a reservoir simulator to history match parent well production. This exercise provided an accurate representation of pressure depletion and stress profiles around the planned horizontal child well. Additionally, this provided a platform to investigate potential completion strategies, landing zones, and a subsequent production assessment based on uncertainty analysis to determine economic potential.
Targeting a deeper landing location compared to the previously drilled horizontal well resulted in reduced expected interaction with offset wells. Hydraulic fracture design sensitivities indicated child well frac hits and asymmetrical fracture growth can be mitigated or lessened with increased intra-stage cluster count and efficiency to prevent “super frac” generation.
An assessment based on fracture model sensitivity results were coupled with reservoir uncertainties to forecast production. Simulation indicated that the most significant impact on production was a result of porosity, saturation, and permeability assumptions. Two separate models were developed, one based on log derived properties and the other being inferred from core properties and assigned to facies from Gamma Ray. The objective of the stimulation was to maximize hydraulic fracture flowing area with fluvial sand bodies while minimizing cost. Increased sand loading was thought to be the primary driver. The simulation showed that increasing sand loading from 1000 lb/ft to 1500 lb/ft only generated an incremental 0.2 Bcf indicating the lower amount of sand is the economical choice. Capital savings were generated by increasing the stage length while maintaining cluster efficiency reducing stage count by 5. However, even with the capital savings, forecasted production scenarios averaged around 7.15 Bcf missing their economic breakeven. As a result of this work, the decision was made not to drill the well and instead explore alternative prospects for horizontal development.
At Fracture ID, Taylor Levon is a reservoir and completions engineer responsible for overseeing their 3D modeling efforts and integration of geomechanical data. Prior to joining Fracture ID, he received his Master of Science in Petroleum Engineering from the Colorado School of Mines under the guidance of Jennifer Miskimins and Bob Barree where he focused on well-to-well interference using 3D fracture modeling and reservoir simulation. Taylor began his career in 2014 with WPX Energy where he was both a production and completions engineer working the Willison and San Juan Basins following graduation from Colorado School of Mines with his B.S.
GENERAL MEETING | 2020 Industry Trends/Update
When: Wednesday January 22, 2020 | 11:30 a.m to 1:30 p.m
Where: Denver Athletic Club | 1325 Glenarm Pl., Denver, CO
Speaker: Bernadette Johnson,Vice President of Strategic Analytics, Enverus (DrillingInfo)
This presentation will explore the Trends to Watch in 2020 that will drive prices natural gas, crude, and natural gas liquids. Specific topics will include: sanctions, trade wars, global economic concerns, US production growth and exports, changing technologies, the growth of renewables, spacing dynamics, and the push towards capital discipline.
Bernadette Johnson serves as Vice President, Strategic Analytics for Enverus (DrillingInfo) and is responsible for helping to grow and expand Enverus’ analytics offerings. She joined the company through the acquisition of products and services from Ponderosa Advisors. With over 11 years’ experience in the energy industry, Bernadette has earned the reputation of industry expert with extensive experience providing crude, natural gas, and NGL fundamentals analysis and advisory services to various players in the North American and Global energy markets. A regular commentator for and speaker to the energy industry, her specific market expertise spans: financial trading, production forecasts, demand forecasts by sector, infrastructure analysis, midstream analysis, storage value analysis, and price forecasts. Prior to joining Ponderosa, and now DI, Bernadette was Senior Research Analyst for Sasco Energy Partners in Westport, CT where she provided analytics and research support for a team of financial traders active in natural gas, power and oil futures markets. Bernadette began her career with BENTEK Energy, LLC as a Senior Energy Analyst, Natural Gas Market Fundamentals and consulting project team lead. In addition to her current role at Drilling Info, Bernadette remains a partner and shareholder in Ponderosa Advisors' remaining businesses. Bernadette holds a MS Degree in International Political Economy of Resources and a BS Degree in Economics, from the Colorado School of Mines.