Using data as the main building block of models is the new paradigm in science and technology. A new Technical Section and Technical Interest Group (TIG) has been formed to foster the application of data-driven modeling, data mining and predictive analytics research, development and practices in upstream oil and gas.
153117-PA – Decision Criteria for Climate Projects
P. Osmundsen, University of Stavanger, and M. Emhjellen, Petoro A/S
139716-PA – Perspectives on CCS Cost and Economics
H.S. Kheshgi, SPE, and H. Thomann, ExxonMobil Research and Engineering Company; N.A. Bhore, Exxon Mobil Corporation; R.B. Hirsch, ExxonMobil Gas and Power Marketing Company; M.E. Parker, ExxonMobil Production Company; and G.F. Teletzke, SPE, ExxonMobil Upstream Research Company
158241-PA – Geologic Heterogeneity and Economic Uncertainty of Subsurface Carbon Dioxide Storage
J.E. Heath, SPE, P.H. Kobos, J.D. Roach, T.A. Dewers, SPE, and S.A. McKenna, Sandia National Laboratories
139616-PA – Unique CO2-Injection Experience in the Bati Raman Field May Lead to a Proposal of EOR/Sequestration CO2 Network in the Middle East
S. Sahin, U. Kalfa, and D. Celebioglu, Turkish Petroleum Corporation
133246-PA – How Significant Is the P90 Value as a Measure of the Reserves’ Downside?
S. Gupta, SPE, University of Western Australia; R. Gupta and J.F. van Elk, Curtin University of Technology; and K. Vijayan, University of Western Australia
143950-PA – Implementing i-field-Integrated Solutions for Reservoir Management: A San Joaquin Valley Case Study
A. Popa, SPE, K. Horner, SPE, S. Cassidy, SPE, and S. Opsal, SPE, Chevron Corporation
I am very honored to serve as your new Management and Information (M&I) Technical Director. Many thanks to Kamel Bennaceur for progressing this technical area and for his service to SPE as the former M&I Technical Director. I plan to use this space as a blog area to keep you apprised of what I’m focusing [...]
David Pritchard, Successful Energy Practices International, Jesse Roye, Digital Oilfield Solutions, and J.C. Cunha, Ecopetrol America
Real-time data is not about well control, it is about well control avoidance. Recent catastrophic blowouts have underscored the value of real-time data and have also underscored the value of having the right kind of experience to understand well data interpretation in real time.
Martin Craighead, SPE, Baker Hughes
Historically, our industry has been driven by a series of inflection points to re-examine best practices, technologies, or philosophies on how we conduct our business. The most notable of these have often been associated with tragedies such as the 1988 Piper Alpha disaster in the North Sea and, most recently, the Macondo disaster in the US Gulf of Mexico.
Tore A. Torp is adviser for CO2 storage at Statoil.
International energy and climate organizations have found carbon capture and storage (CCS) to be a promising technology to resolve the squeeze between fast-growing global energy needs and global warming. Even environmental
organizations say that making our energy use more efficient and building enough new renewable energy capacity takes too long. We need to get the CCS working to curb the growing greenhouse gas emissions if too large a climate change is to be avoided.
133044-PA – Valuation of Swing Contracts by Least-Squares Monte Carlo Simulation
B.J.A. Willigers, SPE, Palantir Economic Solutions, S.H. Begg, SPE, University of Adelaide, and R.B. Bratvold, SPE, University of Stavanger
147910-PA – Optimization of Equity Redeterminations Through Fit-for-Purpose Evaluation Procedures
Paul F. Worthington, SPE, Gaffney, Cline & Associates
125178-PA – Improving Allocation and Hydrocarbon Accounting Accuracy Using New Techniques
R. Cramer and D. Schotanus, Shell Global Solutions; K. Ibrahim, Brune Shell Petroleum; and N. Colbeck, Hess Corporation
146530-PA – Demonstrating Reasonable Certainty Under Principles-Based Oil and Gas Reserves Regulations
R.E. Sidle, SPE, Texas A&M University, and W. John Lee, SPE, University of Houston
154056-PA – Unconventional-Natural-Gas Business: TSR Benchmark and Recommendations for Prudent Management of Shareholder Value
Ruud Weijermars, Delft University of Technology, and Steve Watson, Ashridge Business School
148542-PA – Discretization, Simulation, and Swanson’s (Inaccurate) Mean
J. Eric Bickel, SPE, and Larry W. Lake, SPE, University of Texas at Austin; and John Lehman, Strategic Decisions Group
134811-PA – Stochastic Analysis of Resource Plays: Maximizing Portfolio Value and Mitigating Risks
Paul D. Allan, SPE, Portfolio Decisions International
130089-PA – Survey of Stranded Gas and Delivered Costs to Europe of Selected Gas Resources
E.D. Attanasi and P.A. Freeman, US Geological Survey
134237-PA – Qualifying Seismic as a "Reliable Technology" — An Example of Downdip Water-Contact Location
R.E. Sidle, SPE, Consultant; and W.J. Lee, SPE, Texas A&M University
127761-PA – Probabilistic Modeling for Decision Support in Integrated Operations
Martin Giese, University of Oslo, and Reidar B. Bratvold, SPE, University of Stavanger
144490-PA – Moving the Energy Business From Smart to Genius by Building Corporate IQ
Ruud Weijermars, Delft University of Technology