Bacteria lead the way to more efficient oil production
Biota, a California startup, is developing a means of improving oil and gas operations by analyzing the bacteria that emerge from the wellhead. In the rocky depths of the nation’s…
5 key signposts that will set the cost of the marginal barrel of oil in the long term
Our updated Global Oil Supply & Demand Outlook to 2030 explores in detail the 5 signposts that will set the cost of the marginal barrel of oil in the long term. This…
Diesel demand: still growing globally despite Dieselgate
Two years after Dieselgate, the impact of the diesel emissions scandal on final demand appears to be smaller than many expected, and has largely been offset by other demand drivers.…
Who is paying for the biofuels mandate?
The cost of complying with the US renewable fuels standard (RFS) has become a major cost item for US refiners as both the mandate volumes and the traded price for…
Refiners still strong in second quarter, outlook bright for rest of year
North American independent refiners posted strong financial results in the second quarter, building on gains notched in the earlier three-month period. August 31, 2018North American independent refiners posted strong financial…
Canadian crude not feeling the love from higher global prices
In early 2018, Canadian heavy crude grades were trading at over a $30/barrel discount to the global benchmark, Brent. July 5, 2018In early 2018, Canadian heavy crude grades were trading…
Geopolitics can lead to a hundred-dollar oil world, but can it sustain it?
October 23, 2018Oil prices have come a long way since early 2016, when Brent was collapsing to below USD30/bbl. Tighter market balances have since driven Brent to around USD80/bbl, though…
Eight shifts that would result in a much more rapid global energy transition
We may be closer to a radical energy transition than expected, with some far-reaching developments already under way. December 11, 2018We may be closer to a radical energy transition than…
Basic Concepts In Reservoir Engineering
Be familiar with the meaning and use of all the usual terms which appear in reservoir engineering such as , Sw, So, Bo, Bw, Bg, Rso, Rsw, cw, co, kro,…
Reservoir Simulation Learning Objectives
Introduction and Case Studies *Be able to describe what is meant by a simulation model, saying what analytical models and numerical models are. Simulation models are a representation of…
