Maximization Techniques for Oilfield Development Profits

On Demand Costing and Profits Maximization using Forceful Cloud Costing

Cloud computing promises on-demand provisioning of resource to applications and services. In cloud computing, a provider leases its computing resources in the form of virtual machines to users, and a price is charged for the period they are used. Static pricing is the dominant pricing strategy in today’s market but dynamic pricing helps to improve the revenue. The main challenge is to design an...

Offshore Oilfield Development Planning under Uncertainty and Fiscal Considerations

The objective of this paper is to present a unified modeling framework to address the issues of uncertainty and complex fiscal rules in the development planning of offshore oil and gas fields which involve critical investment and operational decisions. In particular, the paper emphasizes the need to have as a basis an efficient deterministic model that can account for various alternatives in th...

Oilfield Review - Summer 2012

State of Art Techniques for Wireless Sensor Network Lifetime Maximization

The rapid advancement of digital electronics and wireless communications has resulted in more rapid development of Wireless Sensor Networks (WSN) technology. In the recent years, WSNs have seen great development in design and applications. WSNs involve deployment of huge number of wireless sensor nodes essentially for monitoring certain area and collecting data and sent collecting data to the b...

Oilfield Review Summer 2011

Oilfield Review Summer 2011: 23, no. 2. Copyright © 2011 Schlumberger. For help in preparation of this article, thanks to Nicholas Drenzek, Cambridge, Massachusetts, USA. FLAIR is a mark of Schlumberger. Rock-Eval is a mark of the Institut Français du Pétrole. Rock-Eval 6 is a mark of Vinci Technologies SA. Every oil or gas play originates from source rock. The viability of each play—convention...