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Glossary of Terms, Reserves and Resources
Documents
In recent years, AAPG, SPE's
Oil and Gas Reserves Committee, and the World Petroleum
Council (WPC) worked together to develop "Guidelines for the
Evaluation of Petroleum Reserves and Resources." Industry
feedback spurred the three groups to assemble (and in part
write) a glossary of terms. This glossary is now available
online through SPE (www.spe.org/spe/jsp/basic/0,,1104_
3306579,00.html). Also
available are the reserves and resource definitions and the
Resource Classification System, as well as purchasing
instructions for the referenced Guidelines (www.spe.
org/spe/jsp/basic/0,,1104_1730,00.
html).
Recommended Reading
“Sand Control in Horizontal
Wells,” World Oil, August 2005, pp. 77-80 (www.worldoil.com/
Magazine/MAGAZINE_DETAIL.
asp?ART_ID=2660&MONTH_
YEAR=Aug-2005). See also
the "Sand Control Supplement" for September 2005.
“Shaking To The Right,” Hart
E&P, August 2005, pp. 65-66 (www.eandpnet.com/articles/2110).
“Using Technology, Expertise
To Optimize Core Assets,” The American Oil & Gas Reporter,
June 2005, pp. 93-101.
Sucker Rod Handling, A Component of Long
Service Life
"A rod string that is properly
designed (based upon experience), physically handled and
made-up in accordance with the recommendations of the
manufacturer, operated within acceptable design parameters and
maintained with an effective downhole corrosion control
program should give a long, satisfactory, and economical
service life."
Setting the stage with this statement, Russell Stevens and
Scott Malone of Norris discuss rod "Storage and
Transportation" in the first of a four-part series in AESC's
Well Servicing magazine. Although not new technology, it is
technology likely to be overlooked in the press of
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doing business, or new workers
may be unaware of the nuances due to inadequate training. In
quite detailed fashion, the authors outline 10 points,
providing meaningful pictures for key concepts. Whether as a
refresher course or as training for a new hand, this article
is well worth the read.
Excerpted from "Protecting
Your Investment in Sucker Rods," Well Servicing, July/August
2005, pp. 12-15.
E&P Upside in Michigan—Some Resources
A recent article in Oil and Gas
Journal about historical/future potential in Michigan,
prompted PTTC to list four information resources for those
playing Michigan.
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"Historical Production Trends
Suggest Remaining Upside for E&D in Michigan," Albert S.
Wylie Jr. and James R. Wood, Michigan Technological
University, Oil and Gas Journal, June 20, 2005, pp. 38-46.
This is an excellent historical analysis/ overview of major
producing formations in Michigan.
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Summary of PTTC workshop
(Sept. 04) titled "Petroleum Systems of the Michigan
Basins—A Look at Remaining and Undiscovered Oil and Gas
Resources" (www.pttc.org/
solutions/sol_2004/538.htm)
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Upcoming PTTC workshop—Get
There. "Undiscovered Oil and Gas in the Michigan Basin,"
Oct. 20 in Mt. Pleasant, MI (to register, visit
http://wst
023.west.wmich.edu/
October%2020%20
PTTC%20MOGA%20
Workshop%20
Announcement.htm).
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Attendance at these workshops
is often space limited, call quickly to make your
reservations. Ending the workshop, a panel of Michigan
independents will share their thoughts on concepts
presented.
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Michigan Basin Core Research
Laboratory (www.wmich.edu/
geology/corelab/corelab.htm)
and/or PTTC Midwest's Michigan Satellite (http://wst023.west.
wmich.edu/pttc1.htm)
websites.
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Horizontal Potential
for Appalachian
Berea Wells
Beyond Trenton-Black River and
coalbed methane wells, horizontals have not been applied in
the Appalachian Region. To explore potential for conventional
tight Appalachian reservoirs, Schlumberger Data & Consulting
Services history-matched performance of an existing vertical
Berea Sand well in Haysi Field, Dickenson County, Virginia to
determine actual reservoir parameters. Researchers then looked
at what happened when permeability, length and pressure
changed, exploring different scenarios of what a horizontal
lateral would encounter. Simulation-based findings include:
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In most situations,
vertical permeability was not a severe limitation.
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A few stringers of very low
vertical permeability would not kill production from a
horizontal.
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With regards to hydraulic
fracturing, three scenarios were investigated: two involving
open holes using parallel and transverse fractures and one
cased hole. A fracture running parallel to the wellbore with
a length of 400 to 600 ft is technically possible and would
add significant value. Transverse fractures and cased-hole
production would not be significant economically.
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Aggressively lowering the
bottomhole pressure was possible, implying that horizontals
could be effective in infill applications.
Overall, Schlumberger concluded
that "Across the spectrum of permeabilities we are likely to
hit in Appalachia in Berea-Weir type formations, the
horizontal wells outperform vertical wells on a per-acre
basis."
For information contact
Schlumberger's Chuck Boyer (boyer@pittsburgh.oilfield.slb.
com). |