NGI Workshop: Unconventional reservoir characterization, management, and recovery factors
Event Details:
Today, the United States is the world’s largest oil and gas producer. Production is about 25MM BOE/day and increasing due to expanded development of the numerous unconventional oil and gas reservoirs located in various parts of the country. Despite the success of horizontal drilling and multi-stage hydraulic fracturing in unlocking production from extremely low permeability reservoirs, recovery factors remain stubbornly low (typically less than 10% for tight oil and around 25% for gas) and wells deplete rapidly over a 2-3 year period. In this context, Stanford’s Natural Gas Initiative is engaging a new unconventional reservoirs focus area to conduct research that will address improved recovery from these critically important reservoirs.
Key Topics to be Addressed
- Reservoir Characterization and Play Delineation
- Improving Recovery Factors
- Utilization of Machine Learning and Data Analytics
- Basin Modeling
- Reservoir Simulation and Physics of Flow
- Unconventional Reservoir Geomechanics
Agenda
Nov. 9th 2:00 - 5:30 - Technical Session (Presenters from Stanford and Affiliate Member Companies)
Nov. 9th 5:30 - 7:30 - Reception and Poster Session
Nov. 10th 8:00 - 3:00 - Technical Session (Presenters from Stanford and Affiliate Member Companies)
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