The Field Development Of A Master Of Engineering

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PENOBSCOTS FIELD DEVELOPMENT BY OGUNLANA OLAOLUWA B00683781 DALHOUSIE UNIVERSITY DEPARTMENT OF PROCESS ENGINEERING AND APPLIED SCIENCE REPORT SUBMITTED IN PARTIAL FULFILMENT FOR THE DEGREE OF MASTER OF ENGINEERING AUGUST 2015 Table of Contents Table of figures 2 Introduction 3 Stratigraphy 6 Methodology 7 Adjusting the range for the Gamma ray logs and Deep induction Logs 7 Calculated the Volume of shale 8 Water saturation determination 8 Formation Permeability determination 10 Up scaling of reservoir properties and creating realizations 10 Net-To-Gross calculation 10 Rock physics and Fluid models 11 Volume estimation 12 Well completion 14 Development Strategy 15 Strategy 1 17 Strategy 2 19 Economics 22…show more content…
The rights of this field were initially awarded to Petro-Canada-Shell, but they have since abandoned the field due to the discovery of non-commercial oil and Penobscot has been put up for sale again by the Canada Nova Scotia Offshore Petroleum Board in both 2007 and 2013 although they are yet to receive a bid for the field. Figure 1: the Penobscot survey located at about 25km from Stable Island In 1976 Petro-Canada-Shell who owned the right to this field drilled the first exploratory well (Penobscot L-30) to determine the properties and productivity of the field, Penobscot L-30 was drilled through 138m of seawater to a depth of 4237.5m, in the following year (1977) another exploratory well was drilled (Penobscot B-41) was drilled by Shell-Petro Canada at 3km northwest of Penobscot L-30, it’s also been said to have been at an up dip of 10m off Penobscot L-30 due to correlations of stratigraphy tops, Penobscot B-41 was drilled through 118m of water to a total depth of 3414m, although no significant hydrocarbon was recovered, indicating that B-41 is a dry well unlike L-30, this enabled us learn more information about the structural and stratigraphic features of the Penobscot field. There are two major faults in the area forming an en echelon pattern. The can therefore be subdivided into two separate reservoir regions, the area where
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