AUSTRALIA’S HYDROCARBON PROVINCES—WHERE WILL FUTURE PRODUCTION COME FROM?

2004 ◽  
Vol 44 (1) ◽  
pp. 729
Author(s):  
T.G. Powell
Keyword(s):  
Crude Oil ◽  
Gas Production ◽  
Coal Bed ◽  
Success Rates ◽  
Oil Reserves ◽  
Future Production ◽  
Eastern Australia ◽  
Commercial Market ◽  
Gas Bearing

The cumulative graph of reserves added to a basin through time is a measure of that basins’ exploration maturity. Additions of reserves through new field discovery are limited in the Bowen-Surat, Gippsland, Cooper-Eromanga and Bonaparte Basins whilst significant discoveries continue to be made in the Carnarvon Basin. The recent discoveries in the Perth Basin represent a significant new phase in the addition to reserves for this basin. Reserves growth in existing fields represents a very significant source of new crude oil reserves. All gas bearing basins including those in eastern Australia show potential for additional gas discoveries. Coal Bed Methane also represents a significant gas resource into the future.Australia’s production of crude oil has averaged 11% of the remaining reserves over the last decade. In the late 90s, the rate of production has exceeded the rate of addition to reserves and production must decline in the medium term. Medium- to long-term forecasts of future crude oil production are uncertain because of the difficulty in predicting the rate of crude oil discovery, particularly since many of the established plays in established crude oil basins appear to have little remaining potential and success rates and potential for new plays in established and frontier areas of exploration is unknown.Rates of gas production are not related to existing reserves, but rather to the dynamics of the commercial market which is strongly influenced by regional infrastructure.

Production Performance Analysis of Unconventional Gas Reservoirs with Different Well Trajectories and Completion Techniques

2015 ◽  
Author(s):  
Mehmet Cihan Erturk ◽  
Caglar Sinayuc
Keyword(s):  
Shale Gas ◽  
Synthetic Data ◽  
Gas Production ◽  
Production Performance ◽  
Coal Bed ◽  
Gas Reservoirs ◽  
Case Scenario ◽  
Unconventional Gas ◽  
Future Production ◽  
Unconventional Gas Reservoirs

Abstract The significance of unconventional gas reservoirs has been increasing for recent years owing to economic viability of their development, therefore assessment of the challenges and common pitfalls regarding those resources have been gaining importance at the same time. In this regard, the optimization of production performance of these reservoirs with the different well trajectories and completion techniques and identifying the best case scenario become more significant. That is absolutely challenging process due to the several reasons such as ultra-low permeability, desorption effect, and complex geological characteristics. However, it is possible to analyze the various parameters and observe their impact on each system with the help of advances in algorithms, computer power, and integrated software. The objective of this work is to investigate and understand the effect of some reservoir and completion parameters on the future production performance of shale gas and coal bed methane (CBM) reservoirs. A practical model is constructed with the field and synthetic data for the analysis of gas production rate and cumulative gas production versus time in multi-layered shale gas and CBM reservoirs respectively. Changes in the thickness of various stratified layers, permeability, wellbore position, number of hydraulic fracture stage, and also production profile of each system are studied using different well trajectories. The results are obtained by running a series of reservoir simulation conducted by a commercial numerical simulator with dual porosity model for CBM and shale gas reservoirs.

UNDERSTANDING AUSTRALIA’S PETROLEUM RESOURCES, FUTURE PRODUCTION TRENDS AND THE ROLE OF THE FRONTIERS

2001 ◽  
Vol 41 (1) ◽  
pp. 273 ◽  
Author(s):  
T.G. Powell
Keyword(s):  
Gas Production ◽  
Full Potential ◽  
Production Rates ◽  
Oil Reserves ◽  
Future Production ◽  
Self Sufficiency ◽  
The Us ◽  
Petroleum Resources ◽  
High Level ◽  
Gas Fields

Relative to its needs over the last 30 years, Australia has enjoyed a high level of self-sufficiency. Whilst the overall remaining reserves of oil have been relatively constant, reserves of condensate have grown substantially as major reserves of natural gas have been added to Australia’s resource inventory. Oil and condensate reserves stand at 3.43 billion barrels (505 GL), of which 50% is condensate in gas fields. Australia’s undiscovered oil potential in its major offshore hydrocarbon producing basins has been upgraded to an indicative 5 billion barrels (800 GL) at the average expectation, following evaluation of the assessment results for Australia in the authoritative worldwide assessment of undiscovered potential by the US Geological Survey.Current reserves, however, are insufficient to sustain present levels of production in the medium term. Estimates of future production of oil and condensate suggest that at the mean expectation, production rates will drop by around 33% by 2005 and 50% by 2010, largely as a result of a decline in oil production. This forecast includes production from fields that have not yet been discovered. Condensate production will continue to grow, but the rate of growth is constrained by gas production rates and overall by the development timetable for the major gas fields.The rate of discovery of new oil fields is insufficient to replace the oil reserves that are being produced. If Australia is to maximise the opportunity to maintain production at similar levels to the recent past, it is probable that exploration effort will have to diversify to the frontier basins to locate a new oil province whilst continuing to explore the full potential of the known hydrocarbon-bearing basins. Australia still has a remarkable number of basins which have received little or no exploration. Whilst there is no substitute for a discovery to stimulate exploration in poorly known areas, demonstrating that petroleum has been generated and migrated is the key to attracting continued exploration interest.

Implications of LNG exposure on the competitiveness of Australia

2016 ◽  
Vol 56 (2) ◽  
pp. 589
Author(s):  
Ross Lambie ◽  
Nicole Thomas ◽  
David Whitelaw
Keyword(s):  
Coal Seam ◽  
Gas Production ◽  
Fundamental Importance ◽  
Gas Flows ◽  
Coal Seam Gas ◽  
Market Outcomes ◽  
Spot Prices ◽  
Eastern Australia ◽  
Gas Market

Australia’s eastern gas market has historically been one of low prices and stable, long-term contracts. The development of coal seam gas (CSG) and the construction of Queensland’s three CSG to LNG projects is driving a tripling of gas production in eastern Australia and changes to historical patterns and directions of gas flows throughout the market. This transition from an isolated market to one linked to international LNG markets, coinciding with the unwinding of many legacy contracts, is leading to unprecedented change and will have profound effects on all participants. This extended abstract considers the implications of LNG exposure on the competitiveness of Australia’s eastern gas market. It will draw on the expertise of the gas market specialists in the Office of the Chief Economist, and the oligopolistic model of the market, to consider impacts on supply, demand, price, and the level of competition in various sectors of the market. One of the initial findings is that the volatility of global LNG spot prices is likely to have a significant impact on both gas production and demand in east Australia, given the scale of LNG exports relative to the eastern market. The extended abstract explores a range of LNG demand scenarios for the eastern gas market. It will emphasise the fundamental importance of expanded gas production on market outcomes, and the need for ongoing gas exploration and development to support the market through the transition.

Determinants of Inflation in Vietnam: A VECM Approach

2015 ◽  
Vol 22 (04) ◽  
pp. 26-50
Author(s):  
Ngoc Tran Thi Bich ◽  
Huong Pham Hoang Cam
Keyword(s):  
Interest Rate ◽  
Crude Oil ◽  
Error Correction ◽  
Budget Deficit ◽  
Oil Prices ◽  
Crude Oil Prices ◽  
Domestic Credit ◽  
Short Run ◽  
The Impact

This paper aims to examine the main determinants of inflation in Vietnam during the period from 2002Q1 to 2013Q2. The cointegration theory and the Vector Error Correction Model (VECM) approach are used to examine the impact of domestic credit, interest rate, budget deficit, and crude oil prices on inflation in both long and short terms. The results show that while there are long-term relations among inflation and the others, such factors as oil prices, domestic credit, and interest rate, in the short run, have no impact on fluctuations of inflation. Particularly, the budget deficit itself actually has a short-run impact, but its level is fundamentally weak. The cause of the current inflation is mainly due to public's expectations of the inflation in the last period. Although the error correction, from the long-run relationship, has affected inflation in the short run, the coefficient is small and insignificant. In other words, it means that the speed of the adjustment is very low or near zero. This also implies that once the relationship among inflation, domestic credit, interest rate, budget deficit, and crude oil prices deviate from the long-term trend, it will take the economy a lot of time to return to the equilibrium state.

Crude Oil Reserves

1958 ◽  
Vol 14 (3) ◽  
pp. 100-102
Author(s):  
Everett G. Trostel
Keyword(s):  
Crude Oil ◽  
Oil Reserves

scholarly journals Linking population size structure, heat stress and bleaching responses in a subtropical endemic coral

Coral Reefs ◽  
2021 ◽  
Author(s):  
Liam Lachs ◽  
Brigitte Sommer ◽  
James Cant ◽  
Jessica M. Hodge ◽  
Hamish A. Malcolm ◽  
...  
Keyword(s):  
Heat Stress ◽  
Size Structure ◽  
Temporal Trends ◽  
Early Recovery ◽  
Size Frequency Distribution ◽  
Frequency Distributions ◽  
Community Organisation ◽  
Size Frequency ◽  
Eastern Australia

AbstractAnthropocene coral reefs are faced with increasingly severe marine heatwaves and mass coral bleaching mortality events. The ensuing demographic changes to coral assemblages can have long-term impacts on reef community organisation. Thus, understanding the dynamics of subtropical scleractinian coral populations is essential to predict their recovery or extinction post-disturbance. Here we present a 10-yr demographic assessment of a subtropical endemic coral, Pocillopora aliciae (Schmidt-Roach et al. in Zootaxa 3626:576–582, 2013) from the Solitary Islands Marine Park, eastern Australia, paired with long-term temperature records. These coral populations are regularly affected by storms, undergo seasonal thermal variability, and are increasingly impacted by severe marine heatwaves. We examined the demographic processes governing the persistence of these populations using inference from size-frequency distributions based on log-transformed planar area measurements of 7196 coral colonies. Specifically, the size-frequency distribution mean, coefficient of variation, skewness, kurtosis, and coral density were applied to describe population dynamics. Generalised Linear Mixed Effects Models were used to determine temporal trends and test demographic responses to heat stress. Temporal variation in size-frequency distributions revealed various population processes, from recruitment pulses and cohort growth, to bleaching impacts and temperature dependencies. Sporadic recruitment pulses likely support population persistence, illustrated in 2010 by strong positively skewed size-frequency distributions and the highest density of juvenile corals measured during the study. Increasing mean colony size over the following 6 yr indicates further cohort growth of these recruits. Severe heat stress in 2016 resulted in mass bleaching mortality and a 51% decline in coral density. Moderate heat stress in the following years was associated with suppressed P. aliciae recruitment and a lack of early recovery, marked by an exponential decrease of juvenile density (i.e. recruitment) with increasing heat stress. Here, population reliance on sporadic recruitment and susceptibility to heat stress underpin the vulnerability of subtropical coral assemblages to climate change.

scholarly journals The Role of Hydraulic Silicate Cements on Long-Term Properties and Biocompatibility of Partial Pulpotomy in Permanent Teeth

Materials ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 305
Author(s):  
Chung-Min Kang ◽  
Saemi Seong ◽  
Je Seon Song ◽  
Yooseok Shin
Keyword(s):  
Regression Analysis ◽  
Cox Regression ◽  
Antimicrobial Properties ◽  
Permanent Teeth ◽  
Success Rates ◽  
Pulp Tissue ◽  
Cox Regression Analysis ◽  
Clinical Variables

The use of hydraulic silicate cements (HSCs) for vital pulp therapy has been found to release calcium and hydroxyl ions promoting pulp tissue healing and mineralized tissue formation. The present study investigated whether HSCs such as mineral trioxide aggregate (MTA) affect their biological and antimicrobial properties when used as long-term pulp protection materials. The effect of variables on treatment outcomes of three HSCs (ProRoot MTA, OrthoMTA, and RetroMTA) was evaluated clinically and radiographically over a 48–78 month follow-up period. Survival analysis was performed using Kaplan–Meier survival curves. Fisher’s exact test and Cox regression analysis were used to determine hazard ratios of clinical variables. The overall success rate of MTA partial pulpotomy was 89.3%; Cumulative success rates of the three HSCs were not statistically different when analyzed by Cox proportional hazard regression analysis. None of the investigated clinical variables affected success rates significantly. These HSCs showed favorable biocompatibility and antimicrobial properties in partial pulpotomy of permanent teeth in long-term follow-up, with no statistical differences between clinical factors.

Volume reduction of produced water generated from natural gas production process using membrane technology

2000 ◽  
Vol 41 (10-11) ◽  
pp. 117-123 ◽  
Author(s):  
C. Visvanathan ◽  
P. Svenstrup ◽  
P. Ariyamethee
Keyword(s):  
Natural Gas ◽  
Produced Water ◽  
Hollow Fibre ◽  
Gas Production ◽  
Oil And Grease ◽  
Natural Gas Production ◽  
Pre Treatment ◽  
Selection Of ◽  
Spiral Wound

This paper presents a case study of a natural gas production site covering various technical issues related to selection of an appropriate Reverse Osmosis (RO) system. The long-term field experience indicates the necessity of the selection of appropriate pretreatment systems for fouling-free RO operational conditions. The produced water has a variety of impurities such as oil and grease, process chemicals used for corrosion and scaling control, and dehydration of natural gas, etc. This situation leads to a complicated and extremely difficult task for a membrane specialist to design RO systems, especially the pre-treatment section. Here as part of the pretreatment selection, two types of UF membrane modules viz. spiral wound and hollow fibre, with MWCO of 8000 and 50,000 Dalton respectively, were tested in parallel with NF membranes of the spiral wound type with MWCO 200 Dalton. The UF permeate is used as feed for RO compatibility testing. Both configurations of UF failed to be compatible, due to irreversible fouling of the RO membrane. The NF membrane, however, showed interesting results, due to membrane stability in terms of cleaning and fouling. The NF plant with 50% capacity gave a recovery of 75% and the RO plant gave a recovery of 60% versus the expected 92–95%. The long-term tests have indicated that the reminder of the membranes could be installed to achieve full capacity of the plant. This study also demonstrates the importance of selection of proper pre-treatment set-up for the RO system design.

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