Many of us work in strong functional environments, where all too easily we can deploy solutions that have the potential for repercussions on other aspects of well design, construction, completion, and performance. It is always worth taking a moment during the planning phases of technology and solution deployment to consider the breadth of effects that your solution may have on others.
Despite the currently deteriorating oil and gas prices, natural gas, the "least carbon-intensive" fossil fuel, is still projected by ExxonMobil, the International Energy Agency, and other sources to grow by 65% from 2010 to 2040, with the majority of the increasing demand coming from the Asia Pacific region. Considering the current oil and gas market conditions and that processing and handling are part of the natural gas supply chain, ensuring that gas processing and handling are cost efficient and safe becomes even more imperative.
The engineering, design, qualification, and implementation of drilling, completion, production, and intervention equipment for high-pressure/high-temperature (HP/HT) developments present significant challenges in terms of resources necessary to pursue and complete these wells successfully. The industry has addressed these challenges successfully and established a track record with decades of achievements through numerous HP/HT developments.
History matching should not be seen as a sealed task. History matching is only one part of something more comprehensive—reservoir modeling, a process that involves several disciplines working together toward the same goal, answering questions about the reservoir to be able to make useful forecasts and aid decision making.