Posted inAdvanced Concepts
Who is paying for the biofuels mandate?
The cost of complying with the US renewable fuels standard (RFS) has become a major…
Posted inAdvanced Concepts
Refiners still strong in second quarter, outlook bright for rest of year
North American independent refiners posted strong financial results in the second quarter, building on gains…
Posted inAdvanced Concepts
Canadian crude not feeling the love from higher global prices
In early 2018, Canadian heavy crude grades were trading at over a $30/barrel discount to…
Posted inAdvanced Concepts
Geopolitics can lead to a hundred-dollar oil world, but can it sustain it?
October 23, 2018Oil prices have come a long way since early 2016, when Brent was…
Posted inAdvanced Concepts
Eight shifts that would result in a much more rapid global energy transition
We may be closer to a radical energy transition than expected, with some far-reaching developments…
Posted inBasics
Basic Concepts In Reservoir Engineering
Be familiar with the meaning and use of all the usual terms which appear in…
Posted inBasics
Reservoir Simulation Learning Objectives
Introduction and Case Studies *Be able to describe what is meant by a simulation…
Posted inAdvanced Concepts
Petroleum Economics – Uncertainty and Risk
Introduction *Explain the difference between uncertainty and risk, in the context of investment Uncertainty relates…
Posted inBasics
Numerical Methods in Reservoir Simulation Learning Objectives
*Write down from memory simple finite difference expressions for derivatives etc. Define the meaning of…