9780444532367

Hydrocarbon Exploration and Production

by
  • ISBN13:

    9780444532367

  • ISBN10:

    0444532366

  • Edition: 2nd
  • Format: Hardcover
  • Copyright: 2008-04-01
  • Publisher: ELSEVIER SCIENCE

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Supplemental Materials

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Summary

Hydrocarbon Exploration and Production, Second Edition is a comprehensive and current introduction to the upstream industry, drawing together the many inter-disciplinary links within the industry. It presents all the major stages in the life of an oil or gas field, from gaining access to opportunity, through exploration, appraisal, development planning, production, and finally to decommissioning. It also explains the fiscal and commercial environment in which oil and gas field development takes place. The book is written for industry professionals who wish to be better informed about the basic technical and commercial methods, concepts and techniques used in the upstream oil and gas business. The authors are the founders of TRACS International, a company which has provided training and consultancy in Exploration and Production related issues for many clients world-wide since 1992. * Clearly written in a concise and straightforward manner * Features detailed technical illustrations to maximize learning * Presents major advances in the industry, including technical methods for field evaluation and development and techniques used for managing risk within the business * Developed from TRACS International course materials, discussions with clients, and material available in the public domain

Table of Contents

Principal Authorsp. ix
Introduction: About this Bookp. xi
The Field Life Cyclep. 1
Gaining Access Phasep. 1
Exploration Phasep. 2
Appraisal Phasep. 3
Development Planningp. 4
Production Phasep. 5
Decommissioningp. 6
Petroleum Agreements and Biddingp. 9
The Invitation to Bidp. 9
Motivations and Form of Bidp. 12
Block Awardp. 13
Fiscal Systemp. 14
Farm-in and Farm-outp. 14
Unitisation and Equity Determinationp. 16
Explorationp. 19
Hydrocarbon Accumulationsp. 19
Exploration Methods and Techniquesp. 24
Drilling Engineeringp. 47
Well Planningp. 47
Rig Types and Rig Selectionp. 48
Drilling Systems and Equipmentp. 52
Site Preparationp. 60
Drilling Techniquesp. 62
Casing and Cementingp. 72
Drilling Problemsp. 76
Costs and Contractsp. 79
Safety and the Environmentp. 83
Safety Culturep. 83
Safety Management Systemsp. 86
Environmentp. 88
Current Environmental Concernsp. 91
Reservoir Descriptionp. 95
Reservoir Geologyp. 95
Reservoir Fluidsp. 108
Data Gatheringp. 141
Data Interpretationp. 152
Volumetric Estimationp. 173
Deterministic Methodsp. 173
Expressing Uncertaintyp. 177
Field Appraisalp. 191
The Role of Appraisal in the Field Life Cyclep. 191
Identifying and Quantifying Sources of Uncertaintyp. 192
Appraisal Toolsp. 194
Expressing Reduction of Uncertaintyp. 195
Cost-Benefit Calculations for Appraisalp. 196
Practical Aspects of Appraisalp. 199
Reservoir Dynamic Behaviourp. 201
The Driving Force for Productionp. 201
Reservoir Drive Mechanismsp. 203
Gas Reservoirsp. 210
Fluid Displacement in the Reservoirp. 217
Reservoir Simulationp. 222
Estimating the Recovery Factorp. 223
Estimating the Production Profilep. 224
Enhanced Oil Recoveryp. 226
Well Dynamic Behaviourp. 229
Estimating the Number of Development Wellsp. 229
Fluid Flow Near the Wellborep. 231
Horizontal Wellsp. 234
Production Testing and Bottom Hole Pressure Testingp. 237
Tubing Performancep. 241
Well Completionsp. 244
Completion Technology and Intelligent Wellsp. 249
Artificial Liftp. 254
Subsea vs. Platform Treesp. 260
Surface Facilitiesp. 265
Oil and Gas Processingp. 266
Facilitiesp. 291
Production Operations and Maintenancep. 311
Operating and Maintenance Objectivesp. 312
Production Operations Input to the FDPp. 312
Maintenance Engineering Input to the FDPp. 319
Project and Contract Managementp. 325
Phasing and Organisationp. 325
Planning and Controlp. 329
Cost Estimation and Budgetsp. 332
Reasons for Contractingp. 334
Types of Contractp. 335
Petroleum Economicsp. 337
Basic Principles of Development Economicsp. 337
Constructing a Project Cashflowp. 339
Calculating a Discounted Cashflowp. 351
Economic Indicatorsp. 356
Project Screening and Rankingp. 357
Sensitivity Analysisp. 359
Incorporating Inflationp. 360
Exploration Economicsp. 362
Risk Analysisp. 365
Risk Definition and Unit of Measurep. 365
Summary of Risk Analysis Techniques in Exploration and Appraisalp. 366
Risk Analysis for Major Capital Investments in Projectsp. 369
Managing Commercial Riskp. 383
Managing the Producing Fieldp. 385
Managing the Subsurfacep. 386
Managing the Surface Facilitiesp. 394
Managing the External Factorsp. 399
Managing the Internal Factorsp. 401
Managing Declinep. 405
Infill Drillingp. 405
Workover Activityp. 407
Enhanced Oil Recoveryp. 410
Production De-Bottleneckingp. 412
Incremental Developmentp. 415
Decommissioningp. 419
Legislationp. 419
Economic Lifetimep. 420
Decommissioning Fundingp. 421
Decommissioning Methodsp. 422
References and Bibliographyp. 427
Terms and Abbreviationsp. 429
Subject Indexp. 433
Table of Contents provided by Ingram. All Rights Reserved.

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