Characteristics of tight oil reservoir and Chinaʼs tight oil resources

Revenue Risk of U.S. Tight-Oil Firms

American U.S. crude oil prices have dropped significantly of late down to a low of less than $30 a barrel in early 2016. At the same time price volatility has increased and crude in storage has reached record amounts in the U.S. America. Low oil prices in particular pose quite a challenge for the survival of U.S. America’s tight-oil industry. In this paper we assess the current profitability an...

Tight supply keeps oil prices soaring

consequence analysis of the leakage, ignition and explosion during high pressure sour gas injection process to the oil reservoir

there is no doubt that human being needs to become integrated with industry and industry needs to be progressed, daily. on the other hand, serious events in industrial units specially in oil industries has been shown that such damages and events are industry related ones. the consequence of such events and damages which resulted in chemical and poisoned explosions and loss of life and property ...

Theoretical Analysis of the Mechanism of Fracture Network Propagation with Stimulated Reservoir Volume (SRV) Fracturing in Tight Oil Reservoirs

Stimulated reservoir volume (SRV) fracturing in tight oil reservoirs often induces complex fracture-network growth, which has a fundamentally different formation mechanism from traditional planar bi-winged fracturing. To reveal the mechanism of fracture network propagation, this paper employs a modified displacement discontinuity method (DDM), mechanical mechanism analysis and initiation and pr...

Next Generation Oil Reservoir Simulations

This paper describes a collaborative effort between Amoco Production Company, Los Alamos National Laboratory and Cray Research Inc. to develop a nextgeneration massively parallel oil reservoir simulation code. The simulator, code-named Falcon, enables highly detailed simulations to be performed on a range of platforms such as the Cray T3D and T3E. The code is currently being used by Amoco to pe...