GENERAL MEETING | Digital Transformation: The Hope, The Hype, the Current Reality
When: Wednesday, Jan 16, 2019 | 11:30 AM
Where: Denver Athletic Club | 1325 Glenarm Pl., Denver, CO
Speaker: Jim Crompton, Reflections Data Consulting
Everything is about digital in the trade press today. But what is the real story? This talk aims to provide a perspective on the exciting new themes of digital transformation of the oil and gas industry (Digital Oilfield 2.0 as some experts like to call it). But there will be some bumps in the road ahead. We need to shrug off the tempting distraction of the shiny new technology in the room and understand the motivation (the Hope) for investments; see through the marketing and the technology development cycle (The Hype) to the real potential; evaluate the successes of pilots (the current Reality) by leading edge adopters; and prepare for the Challenges Ahead. Put on your seat belts, the industry is in for an exciting ride.
Jim retired from Chevron in 2013 after almost 37 years with the major international oil & gas company. After moving from Houston to Colorado Springs, Colorado, Jim established the Reflections Data Consulting LLC to continue his work in the area of data management and analytics for Exploration and Production industry. Jim was a Distinguished Lecturer for the Society of Petroleum Engineers in 2010-2011, speaking on the topic of “Putting the Focus on Data.” He is a frequent speaker at SPE conferences on Digital/Intelligent Energy and the Data Foundation. His interests lie in the full spectrum of the information value chain from data capture, data management, data visualization, data access, modeling and analytics, simulations and serious gaming.
Jim graduated from the Colorado School of Mines (BS in Geophysical Engineering in 1974 and MS in Geophysics in 1976) before joining Chevron in Denver, Colorado. He later earned an MBA degree (1996) from Our Lady of the Lake University (San Antonio, Texas).
GENERAL MEETING | Interference in Horizontal Well Developments
Speaker: Robert (Bob) D. Barree, (PhD., P.E.) President of Barree & Associates
Most unconventional reservoirs are developed with pad drilling of multiple, closely spaced horizontal wells which are then fracture stimulated with closely spaced fracture initiation points. These wells, fractures, and fields are subject to several sources of interference during the drilling, completion, and production phases of development. This talk discusses various forms of interference and their impact on economic development and resource recovery.
Robert (Bob) D. Barree (PhD., P.E.) is president and principal investigator of Barree & Associates. Previously Dr. Barree was a Senior Technical Consultant at Marathon's Petroleum Technology Center. He has been involved in the development of hydraulic fracture design simulators and fracture diagnostic procedures for nearly 40 years, and is the author of more than 70 technical publications. He has served as SPE Distinguished Lecturer on the topic of new philosophies in hydraulic fracturing, and has served on many technical committees for SPE annual and regional meetings, Applied Technology Workshops, and Forum Series. He is a registered Professional Engineer in the State of Colorado and holds degrees in Petroleum Engineering (B.S.) from the Pennsylvania State University and Colorado School of Mines (PhD).
Joint Completions / Reservoir Study Group | March 2018
October 2017 General Meeting
September 2017 General Meeting
Abstract: Reservoir fluid composition and PVT properties play important roles in liquid rich shale development. Accurate estimation of reservoir fluid richness has a significant impact on drilling target and well completion. Traditional PVT properties are widely used for reservoir management, production optimization, and economic evaluation.
Unfortunately PVT data from shale reservoirs is rarely available in public literature due to difficulty to obtain representative in-situ fluid samples in extremely low permeability reservoirs. This makes understanding shale PVT a very challenging task. StatOil spent two years' time to collect large amounts of PVT samples and measure PVT properties for the Eagle Ford field. Wide range of reservoir fluids from dry gas, gas condensate, volatile oil to black oil had been collected and studied thoroughly.
Based on the large PVT database from more than 50 wells, a new methodology was developed to estimate in-situ reservoir fluid composition and corresponding PVT properties based on readily available field data. Only providing one of the following field data (either API gravity of surface condensate/oil, gas-oil ratio, surface gas composition, or mud logging data) is sufficient to derive the majority of PVT properties, including reservoir fluid fluid composition, saturation pressure, formation volume factors and NGLs.
The new method proposed in this presentation is a technical breakthrough for shale gas and oil properties with many applications with significant improvements. Thanks to reservoir fluid self-consistency in shale plays, it is very practical to estimate reasonable PVT properties based on existing field data without large sampling and laboratory programs.
Biography: Tao Yang is a reservoir technology specialist at Statoil. He holds BSc and PhD degrees in chemical engineering. Before joining Statoil, Tao Yang worked at Pera a/s - a world leading reservoir engineering consulting company in Norway. From association with Professor Curtis Whitson (Recipient of SPE Anthony F. Lucas Gold Medal 2011), he gained vast industrial experiences from global reservoir engineering consulting projects for more than 200 fields.
Tao Yang has publications in prestigious journals and reviews papers for several technical journals (technical editor of SPE Reservoir Evaluation & Engineering and editorial board member of Journal of Petroleum Science and Engineering). He served as co-chairman and steering committee member for numerous workshops and conferences (including the successful SPE ATW Complex Reservoir Fluids in 2011, 2012, and 2014). He received the SPE Outstanding Technical Editor Award in 2009 and the SPE North Sea Regional Technical Award - Reservoir Description and Dynamics in 2011.