The escalation of oil prices in the last years has motivated a debate about natural resources taxation. This paper uses real options approach to discuss different taxation devices for exploration & production (E&P) with focus in Brazilian petroleum sector. The concept of tax neutrality under uncertainty is established when both the project value and investment follows correlated stochastic proc...

Decision making pertaining to injection profiles during oilfield development is one of the most important factors that affect the oilfields’ performance. Since injection profiles are affected by multiple geological and development factors, it is difficult to model their complicated, non-linear relationships using conventional approaches. In this paper, two adaptivenetwork-based fuzzy inference ...

In today’s society, with the continuous growth of energy demand, Bohai Oilfield, as an important offshore oil resource base in China, is facing increasingly severe challenges while contributing to national security. order improve quality water injection oilfield and gradually achieve efficient stable production, Oilfield has launched a well pressure optimization project, focusing on improving e...

Oilfield underground fracturing technology is an important oilfield development technology, through the injection of fluid to make rock fracture expansion, in order improve productivity oil reservoir. In this paper, selection and design fluid, tools devices, control parameters, evaluation fractures, adjustment optimization after are discussed. Through analysis these points, it can provide guida...

This paper explores the use of intranet-technology to support knowledge intensive decisionmaking in a technical service delivery process of a major oilfield services company. Our findings show that creating, mobilizing, and exchanging knowledge through an intranet-technology based system delivers forms of benefits to both the organization and its clients, and understanding what organizational k...

Bohai A Oilfield is the first fluvial facies oilfield in Sea to be developed using a horizontal well layering system. It has characteristics of thin single sand reservoir thickness, large differences reserve scale, rapid lateral changes reservoirs, and staggered stacking multiple river channel bodies vertical direction. In production, it characterized by decline ground pressure, increase water ...

Due to the complexity of low-permeability reservoirs, there is no set established plans adjust development specific and final adjustment plan should be determined through comprehensive consideration many aspects. At present, reservoirs in SN oilfield faces problems. It urgent formulate corresponding improve current situation. In view problems surface oilfield, this paper used previous research ...

Abstract The C oilfield is located in the Bohai Bay Basin, a typical strong bottom water reservoir. Oilfield reservoir and oil–water distribution are complex. At present, has entered high cut development stage, it challenging to stabilize oil control water. with an imperfect well pattern dominant ridge channels, uneven interface uplift, limited drive sweep range, low inter-well production degre...

Oil layer A of T oilfield has a low development degree. At present, there are 5 medium and highyield wells in the area, showing good evaluation prospect. In order to understand reserve potential this reservoir forming law characteristics further analyzed by analyzing structure characteristics. The research shows that two types reservoirs: one is structural reservoir, which distributed large tra...