Cover: Oilfield Review Spring 2001
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Editorial: Pushing the Measurement Frontier
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For as long as logs have been measuring formation properties, obtaining formation resistivity behind casing has been a fundamental, but unreachable, goal - until now. A new cased-hole tool overcomes the design and data-acquisition hurdles that have kept previous attempts from performing successfully. Field examples show how closely the new through-casing measurements match results from openhole logging tools, and how the tool is being used to identify bypassed pay and track fluid-saturation changes in producing reservoirs.
Reservoir simulators have developed in two directions - a simpler interface for novices and ever more sophisticated tools for experienced users. Case studies illustrate the innovative multisegment well option, which provides a better link between well and reservoir grids. Large and complex fields use parallel processing and compositional modeling. In some instances, a model that tracks movement of flood fronts using streamline modeling offers the best solution.
By fully exploiting the data and information at their disposal, E&P companies can increase efficiency, improve financial performance, maximize asset value and strengthen competitive position in a dynamic marketplace. Success depends on transforming data and information into verified, instantly accessible knowledge as a basis for real-time decision-making. This can be achieved only by creating a corporate culture structured around knowledge capture and sharing.
A group of industry managers discusses issues associated with sharing knowledge in today's E&P environment. They review how their companies got into knowledge management and the business drivers behind efforts that include networks and communities, information technologies and tools for global collaboration, and e-Business initiatives. These experts talk about ways of measuring progress, the value of intellectual capital and knowledge transactions, and then look ahead at challenges and opportunities they see in the future.
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