Petroleum traps are normally classified as structural traps or stratigraphic traps, and sometimes the somewhat confusing term ‘combination trap’ is used. The difference between structural and stratigraphic traps seems easy enough: Definitions of combination traps usually state that these are traps with both a structural and a stratigraphic component. That is a bit confusing. Most […]
Tag Archives: Advanced Drilling Techniques
Prospect Police versus the Socratic Method
Prospect Review Teams and prospect review sessions are not always very popular. Many explorers are dreading the moment when their prospects must be reviewed. Especially younger explorers may feel exposed and uncertain. Some explorers become rather defensive, and some review teams may be a bit harsh in their challenges and can be rather intimidating. What […]
Reporting Risk & Volume Assessments: Key Insights and Best Practices
How to understand and report Prospect Volumes The results of Risk & Volume assessments of prospects are often communicated by quoting the POS and the MSV. For example: The POS of the prospect is 45%, and the MSV is 14.7 million barrels of oil. It looks like this says that there is a chance of […]
Rethinking Trap Distribution Through Seal Effectiveness
Just like reservoirs also seals can be good, or not so good. There is a whole spectrum of lithologies from excellent reservoirs to excellent seals. In fact, most seals leak. Some leak very fast, and then the seal is not effective; others leak not so fast or maybe very slowly, even at geological timescales, and then the seal is effective.
Maximizing Value in Mature Field Developments: Addressing Late Life Issues in Upstream Oil and Gas Operations
As the global demand for energy continues to rise, the focus on maximizing value in mature field developments has become increasingly important within the upstream oil and gas sector. In order to ensure optimal production levels and a sustainable lifespan for aging assets, it is crucial for companies to address late life issues through comprehensive […]