Breakthrough Business Opportunities in the Oil Industry for YPs and “Small Team” Geoscientists
This presentation focuses on implementing workflows for revitalizing mature fields, identifying sweet spots, and boosting recoverable reserves in a way that incorporates free, open-access, open source, and low-cost information and software. It also discusses workflows for identifying candidate wells for “matchmaking” new technologies, reservoir modeling techniques, oil field chemicals, and automated “smart” systems with a goal of economically boosting recoverable reserves and optimizing operations. The workflows stress the importance of a thorough understanding of the geology (including geochemistry and geomechanics) for increased effectiveness. In addition, the presentation will address ideal teams and methods of financing startup operations.
AAPG Datapages/Search and Discovery Article #90291 ©2017 AAPG Annual Convention and Exhibition, Houston, Texas, April 2-5, 2017