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Natural gas is an important energy source for power generation, a chemical feedstock and residential usage. It is important to analyse the future production of conventional and unconventional natural gas. Analysis of the literature determined conventional URR estimates of 10,700–18,300 EJ, and the unconventional gas URR estimates were determined to be 4250–11,000 EJ. Six scenarios were assumed, with three static where demand and supply do not interact and three dynamic where it does. The projections indicate that world natural gas production will peak between 2025 and 2066 at 140–217 EJ/y (133–206 tcf/y). Natural gas resources are more abundant than some of the literature indicates.
Proppants for hydraulic fracturing are subjected to very severe conditions of stress, temperature, and chemical environment while they are expected to maintain their structural integrity for a period of many years. The performance of these proppants over time at simulated in-situ conditions has been a topic of laboratory investigation for several years, but in many cases the real conditions exceed the capabilities of the laboratory apparatus. To determine the proppant behavior under real reservoir conditions, production history and pressure buildup tests of four fractured wells have been analyzed. The reservoir conditions of these wells are so severe, that it was almost impossible to simulate them in the laboratory....
This paper intends to present a contribution to the development of techniques of decision-making in international projects of exploration and production of petroleum. A case study of the Multi-Attribute Utility Theory (MAUT) was developed and applied to define priorities among ten offshore exploration investment opportunities around the world offered to a Brazilian petroleum multinational company, according to decision-makers’ preferences. The MAUT model proposed shows for the first time a combination of operational, political and technological risks, resulting in a quite complete formulation to describe quantitatively the decision-making process. It is important to emphasize that this paper presents an unpublished...
Categories: Publication;
Types: Citation;
Tags: Deepwater,
Louisiana,
economic,
energy,
growth, All tags...
impacts,
industry,
provision,
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This paper intends to present a contribution to the development of techniques of decision-making in international projects of exploration and production of petroleum. A case study of the Multi-Attribute Utility Theory (MAUT) was developed and applied to define priorities among ten offshore exploration investment opportunities around the world offered to a Brazilian petroleum multinational company, according to decision-makers’ preferences. The MAUT model proposed shows for the first time a combination of operational, political and technological risks, resulting in a quite complete formulation to describe quantitatively the decision-making process. It is important to emphasize that this paper presents an unpublished...
Categories: Publication;
Types: Citation;
Tags: Deepwater,
Louisiana,
economic,
energy,
growth, All tags...
impacts,
industry,
provision,
public,
service, Fewer tags
Natural gas is an important energy source for power generation, a chemical feedstock and residential usage. It is important to analyse the future production of conventional and unconventional natural gas. Analysis of the literature determined conventional URR estimates of 10,700–18,300 EJ, and the unconventional gas URR estimates were determined to be 4250–11,000 EJ. Six scenarios were assumed, with three static where demand and supply do not interact and three dynamic where it does. The projections indicate that world natural gas production will peak between 2025 and 2066 at 140–217 EJ/y (133–206 tcf/y). Natural gas resources are more abundant than some of the literature indicates.
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