|
Economics –
We have our own economics program. This gives us
tremendous flexibility in providing multiple
economic measures to meet customer needs. Our
program is designed to allow us to construct
quick and simple profitability models or to
input data with as much complexity as needed. We
can easily alter the program for
different fiscal or tax regimes. If you can
define the deal structure, we can analyze it! We
prepare charts and diagrams to suit investor
needs. The chart at the left shows the
forecasted net cash flow for a new EOR project
we helped design.
Reservoir Simulation
– Reservoir simulators allow us to incorporate
all that is known about a reservoir into a
mathematical model. The model can be used for
designing recovery processes and for forecasting
future oil and gas production. An important part
of reservoir simulation is history matching,
which is the process of making sure the model matches the production and pressure history of the field. We
are very careful to make sure our models agree
with all of the information available. In this
manner, our confidence in the forecasts is
improved. The model shown to the left was for a waterflood we helped design for small shallow
onshore sandstone in Texas.
Structural Models
– We use a leading commercially available
software for mapping and interpreting
geologic structures. The software can be used
for mapping well locations, for modeling
structural contours, for developing
cross-sections, for creating iso-pach maps, and
for preparing bubble maps of past production.
Well locations and the structural information
allow us to quickly develop detailed structure
maps and ultimately gridded maps for input to
reservoir simulators. The chart at left is for
an onshore Wilcox reservoir that we evaluated
for acquisition.
Log Analysis
– Using our own analysis tools, we can
provide personalized log interpretations to meet
customer needs. Log and core data provide
information which allows us to characterize
reservoir properties – porosity, permeability,
saturations, capillary pressures and flow
barriers. The logs on the left showcase our work
on a challenging shaley sand from an Eocene
barrier bar. Understanding shale content and
micro-porosity were key to determining effective
porosity and oil saturations. This data is
essential for constructing good reservoir models
that can be used for
forecasting future production and for preparing project
economics.
Surface Facilities
– Our background in operations, as well as
surface and subsurface engineering, allows us to
create process flow diagrams for the entire
field. Taking a holistic approach, we avoid
sub-optimization and develop field systems that
work at their best. These provide a sound
foundation for cost estimates and for detailed
design work by contract firms. The diagram show
at left analyzes an existing waterflood, from
reservoir to oil shipping. It illustrates how
the surface and subsurface should be viewed as a
system. In this way optimum solutions can be
sought to reduce costs and increase production.
Surveillance
– Focused attention on surveillance is
key to getting the most from oil and gas
reservoirs. This could take the form of timely
well and project reviews, involving both
engineering and operations, or the use of real
time data for constant monitoring and
optimization. Our experience in both operations
and engineering enable us to use the latest
technologies to design digital oilfields of the
future (DOFF). We then follow through to design
workflows and work processes to insure that the
benefits of digital technology investments are
captured.
Operations – Our background in running
large and small oil fields gives us the
perspective to assure practical and workable
solutions. We have considerable experience in
using leading-edge management practices to get
the most from oil and gas assets.
|
Home
