CoLAB NET4CO2’s Post

Want to know more about #ccs strategies in #upstream assets in the Norwegian North Sea and offshore #Brazil? Then check out this poster by Upstream by S&P Global Commodity Insights on the #Sleipner Area in the Norwegian North Sea and the Santos Basin presalt reservoirs in offshore Brazil. To find out more reach out to Susana Santos

Want to know more about #ccs strategies in #upstream assets in the Norwegian North Sea and offshore #Brazil? Then check out this poster by Upstream by S&P Global Commodity Insights on the #Sleipner Area and #Tupi presalt reservoir. Reach out to me if you want to know more and share your insights.

Water is a massive issue! Increasing net-oil is a massive focus! If you have questions and are curious to learn how to increase net-oil, tomorrow is the day to be attending the Reservoir & Production Mgmt. Conference in Stavanger as Ismarullizam, Øystein and Vidar will all be present. Check out the link below. SPE Stavanger Section

Join us on May 14th for the SPE Austin May Luncheon featuring our Ted Cross!🚀 Explore the future of unconventional plays, from the Permian to the Vaca Muerta, as we get in deep into emerging basins and zones both in the Lower 48 and abroad. Register now for an insightful discussion on well performance, design considerations, and more! (Link in the comments) Society of Petroleum Engineers - SPE Austin Section #oott #oilgas #spe #speaustin #unconventionalplays #permian #vacamuerta #emergingbasins

Exploring Pre-Salt Reservoirs: Insights from Petrobras 🌍We recently had the pleasure of hosting Rodrigo Surmas from Petrobras, who delivered an engaging lecture titled “SCAL and DRP Applications in Petrobras.” The session provided valuable insights into the challenges and advancements Petrobras has made in developing pre-salt carbonate reservoir fields—a critical area for both oil recovery and carbon capture. 🛢️ Rodrigo shared Petrobras’ perspective on addressing key challenges, including rapid RCAL and SCAL characterization, understanding relative permeability curves under laboratory and reservoir boundary conditions, and upscaling these properties to reservoir scale. These challenges are particularly significant for fields with CO2-rich reservoirs, where oil recovery efforts and carbon management strategies intersect. 👏 We are grateful to Rodrigo for sharing his expertise and offering a closer look at the innovative approaches Petrobras has taken to overcome complex reservoir challenges. Sigve Hovda Carl Fredrik Berg Behzad Elahifar Antje van der Net Ashkan Jahanbani Milan Stanko Alexey Pavlov #ReservoirEngineering #Petrobras #CarbonateReservoirs #OilRecovery #CarbonCapture

New SPE paper SPE-218465-MS with Lime Petroleum AS! How integrated modeling with #tNavigator helps to understand HPHT field in the Norwegian Sea.

Join us at ATCE 2024 for two paper presentations during the technical session this week. Monday, September 23, 4:35-5:00 PM, Room 215 – 216: Drilling Fluid Design for Safe, Efficient Resource Delineation in XHT Geothermal Reservoirs A paper by Mohammed BaGeri, Ph.D. and Alessandro Cascone from Newpark, will be presented by Travis Vordick on cutting-edge drilling fluids designed for Enhanced Heat Transfer (XHT) conditions in geothermal reservoirs. Discover innovative formulations that enhance geothermal drilling efficiency, prevent fluid loss, and maintain viscosity and stability up to 800°F - significantly outperforming traditional fluids, which typically degrade at 400°F. In this session, you will see the results from laboratory tests and field trials in Iceland and Italy, which demonstrate significant advances with these fluids. This includes a Geothermal Specific Fluid (GSF) system that maintained superior viscosity and stability after aging at 706°F. We hope you can join us to learn more about the fluid innovations we are delivering to drive performance and sustainability in hydrocarbon and geothermal drilling operations. #newpark #newparkserviceadvantage #drilling #drillingfluids #drillingengineering #geothermal #energytransition #efficiency #performance #environmentalcompliance #atce2024 #sustainability #unconvential #wbm

There has been a recent string of announcements of smaller companies been awarded producing acreages. Typically, larger operators will exit an acreage as most of the NPV is realized at the end of the production plateau stage. (Picture: case study of a gas field changing hand, generated with Lnomics GeomodL International proprietary economics screening tool) Acreages change hands to smaller operators who inherit cash flow generating assets with surface facilities and wells already present. The name of the game is to arrest and why not reversing natural production decline for the smartest. One of the issues is with the abandonment cost (ABEX) which can literally bites you hard at the end of field life… …unless you throw the “hot potato” to someone else …or you convert the asset to CCS Geomodelly yours!

Please Join Abdelrafae El Hamday "Abdu" at the following #MOC to share our findings in the paper titled: "Optimizing Field Development in Data-Starved Reservoirs: Mitigating Economic Risks Through Stochastic Production Profiling and Fully Implicit Static-Dynamic Simulation"

Brazil Expands Pre-Salt Offering to 21 Blocks and Sets Bid Round Date The National Energy Policy Council (CNPE) has approved the inclusion of seven additional pre-salt blocks — Cerussita, Aragonita, Rodocrosita, Malaquita, Opala, Quartzo and Calcedônia—in the Brazilian National Petroleum Agency's (ANP) Permanent Offer Program. These highly prospective blocks, located within the Santos Basin's pre-salt polygon and include prospective targets both in the pre-and post-salt sections. These blocks will be auctioned under the Production Sharing Regime (OPP) in June 2025. The ANP previously announced a bid round featuring 14 blocks in the Campos and Santos basins, to be offered under the Production Sharing Regime. These included the Citrino, Itaimbezinho, Jaspe, Larimar, Onix, and Turmalina areas in Campos, as well as the Agata, Amazonita, Ametista, Esmeralda, Jade, Mogno, Safira Leste and Safira Oeste areas in Santos. TGS provides 3D seismic coverage across the 21 blocks within the pre-salt polygon. These high-quality datasets offer exceptional regional continuity, illuminating pre-salt targets and delivering vital insights to unlock the full potential of these blocks. Don’t wait—start preparing for the Third Cycle Bid Round now! Schedule a data viewing with our experts to get in-depth insights and maximize your success: https://hubs.ly/Q02_kYvl0 #TGS #OffshoreBrazil #SeismicData #PreSaltOpportunities