[Harry]

I try to summarize what I read from www.logdigi.com to save your time. If more and more missing oil & gas zones are discovered in US and around the world, oil & gas price can go down and people will pay less for gasoline. Hope most of people getting benefit from it.
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What Makes New Well Log Analysis More Accurate

LogDigi technology completely adopts relative concepts and rebuilds a strict lithologic conductive equation. It is significantly improved well log analysis technology and different from current well-logging interpretation methods that use absolute concepts.

Traditional technologies are all based on an approximate value in the designing of well-logging equipment, result measurements, data collection and data processing. When facing extremely complex lithology, it is necessary to design models in each area based on changes in objective conditions. Traditional technology does not adapt based on changes of objective conditions. Traditional technology is often affected by different lithological, regional, and well conditions. Traditional technology cannot accurately locate oil and gas zones with complex lithology.

LogDigi technology has changed the current technology model of evaluating quantitative oil/gas formations. This technology is a breakthrough in well-logging technology, and an innovative method for the discovery of new oil and gas zones. LogDigi technology can automatically remove the influences of lithology variations in different areas and different depths. It can also compensate complex conditions, such as influences of deep intrusion of mud filtrate in drilling with saline mud. LogDigi method also evaluates the influences of oil layer flood out and automatically finds out whether or not the parameters are accordant with actual situations. This allows them to achieve more than 90% accuracy to locate oil and gas. Click the following link for detail presentation.
http://www.logdigi.com/Low_Resistivity_Pay.pdf

90% old oil wells do not have Nuclear and Sonic logging. For many oil companies, in order to re-exam their oil fields, they have to send down sophisticated nuclear, and acoustic tools on a wire-line for the well. It costs them a lot to do that. Logdigi can re-evaluate oil fields with existing logs. They do not need "many times costly core sample taken from the well", and "sophisticated nuclear, and acoustic tools are sent down the well on a wire-line". What they need just gamma ray (or SP), and resistivity. They determine the fluid and pressure distributions throughout the reservoir, the natural energy sources available, and the methods most useful in recovering the maximum amount of oil or gas from the reservoir. They analyze, interpret, and optimize the performance of individual wells. They decide if it is economically feasible to make the investment needed to produce the well. If it is, the production engineer is given the tasks to determine how to bring this valuable fluid to the surface. They analyze data to locate drilling sites where oil and gas may have accumulated in commercial quantities.
Click the following link for additional presentation.
http://www.logdigi.com/casestudy/case2/ ... /frame.htm

More results if you are interested:
http://www.logdigi.com/casestudy/case2/plot.pdf
http://www.logdigi.com/casestudy/case3/report.pdf
http://www.logdigi.com/casestudy/case3/result.pdf
http://www.logdigi.com/casestudy/case3/plot1.pdf
http://www.logdigi.com/casestudy/case3/plot2.pdf
http://www.logdigi.com/casestudy/case3/plot3.pdf
http://www.logdigi.com/casestudy/case1/result.pdf
http://www.logdigi.com/casestudy/case1/plot.pdf
...

[mididoctors]

Part of the process of increased recovery i take it

Boris
london

[shakespear1]

If this is for real then the company will likely be bought out by the heavy hitters such as Schlumberger as today we can not do this.

Yes, this will just increase recovery as I am sure we have not missed the monster fields because of bad logs or bad interpretation ( but who knows maybe we did ) .

It would be a great help though as interpretation can be hell.

[DavidL]

New technology usually takes time to make difference.

[landman_iii]

My company used Schlumberger services in the most projects. In fact, I am not satisfied with their result in the low resistivity and low contrast pay. I have tried to find other technologies for a long time.

It is my pleasure to receive this valuable information, This is area of my interest. I will try to contact LogDigi.


Best regards,

Landman iii

[Wilson]

It's very useful for me because I'm working in this field. I'm waiting for more information about "Reservoir and Geology Engineering".
sincerely yours

[Harry]

Peabody Energy Corp., the nation's biggest coal company, announced Wednesday plans to build a facility in Illinois that transforms coal into natural gas. Turning coal into natural gas represents the "future" of the coal industry. Coal is increasingly attractive as an alternative to oil or natural gas because it is relatively cheap and can be produced domestically. The technology to gasify coal has been proven for at least 10 years, but the price of natural gas has to be high to make the process economically profitable.

[AnnieCh]

I am new to this group and I would like to see more such educative posts in this group, such as Logdigi’s new well log analysis technique.
Cheers and Regards,

[Harry]

Halliburton Drilling and Formation Evaluation Technology Saves Operator Time and Money
Halliburton Drilling and Formation Evaluation Division recently achieved an industry first by successfully drilling and evaluating a 6 1/2-inch hole section for Shell Exploration & Production Company in deepwater Gulf of Mexico with a bottomhole assembly (BHA) comprising the GeoTap® formation pressure tester, Geo-Pilot® 5200 Series rotary steerable system, and a quad combo logging-while-drilling (LWD) suite with vibration sensors. This was the first time that pressures have been taken with a 4 3/4-inch LWD formation pressure tester. Eleven pressure tests were successfully taken in 11 attempts while drilling with the slimhole GeoTap tool. The new 4 3/4-inch GeoTap formation pressure tester represents a milestone in the industry. For the first time, customers can get accurate formation pressure tests in real time from a slimhole LWD package. Since the introduction of the GeoTap while-drilling formation pressure tester, customers have been able to save rig time and avoid the costs and risks associated with drillpipe-conveyed wireline logging. The GeoTap tester complements Halliburton's extensive slimhole drilling and formation evaluation offering, helping operators pursue deep and ultra-deep fields, develop by-passed reserves, and maximize reservoir connectivity.

[Harry]

Exploration Technology in an Era of Change
http://www.slb.com/media/services/resou ... p40_51.pdf

[Harry]

Well logging aids aging oil & gas fields
http://www.slb.com/media/services/evalu ... fields.pdf

[Harry]

Latest 4-D technology brings a major step forward for the exploration business
http://www.westerngeco.com/media/resour ... age_ep.pdf

[Harry]

High-Pressure, High-Temperature Well Logging, Perforating and Testing
http://www.slb.com/media/services/resou ... _50_67.pdf

[Harry]

Triangle Enters Explortion Joint Venture with Hunter Energy
http://www.rigzone.com/news/article.asp?a_id=26479

[Harry]

Thank you for the interesting petrophysical report.

[Harry]

Technologies reduce exploration risks
http://www.westerngeco.com/media/servic ... e_risk.pdf

[shakespear1]

Technologies reduce exploration risks

Yes it does but so far I have no seen any magic bullets in our industry. Sorry. There is often a lot of hype in order to sell something NEW to the clients.

Results are what counts and that is the indicator how things are going. The results are less than spectacular.

[Harry]

Latest Hurricane & Oil News
Hurricane latest news will update in every minute from 20,000 resources
http://www.logdigi.com/rita/index.php

[Harry]

Latest Oil & Gas News
http://www.logdigi.com/news/index.php

Latest Oil News By Country
http://www.logdigi.com/news/world.php#Content

[Harry]

Petroleum News
Most Recent News, Industry Headlines, Finance and Investing News, Exploration News, Production News, Company Operations News, Houston Newspaper, Latest Petroleum Magazine News
http://www.logdigi.com/news/rigzonenews/index.php