Dynamic Well Testing in Petroleum Exploration and Development

2020 ◽  
Keyword(s):  
Petroleum Exploration ◽  
Well Testing ◽  
Exploration And Development

OFFSHORE PETROLEUM EXPLORATION IN AUSTRALIA ACREAGE BIDDING SYSTEMS: WORK BIDDING OR CASH BIDDING?

2003 ◽  
Vol 43 (1) ◽  
pp. 677
Author(s):  
A.G. Thompson ◽  
V.W.C. Lok
Keyword(s):  
Petroleum Exploration ◽  
Approval Process ◽  
Administrative Discretion ◽  
Administrative Cost ◽  
Natural Justice ◽  
Work Program ◽  
Mixed Regime ◽  
Discretionary Powers ◽  
Exploration And Development ◽  
Offshore Petroleum

The design and efficiency of offshore petroleum acreage bidding systems bear directly on the risk and cost for participants investing in exploration and development projects offshore Australia.Companies, financiers and investors who are interested in investing in petroleum exploration and development activities will find a mixed regime of State and Federal legislation governs such activities in Australia.While the concept of the work program bidding system appears to be sound, the administration of it by the Joint Authorities and Designated Authorities and delegated officers potentially creates many uncertainties for permittees.The approval process is generally a costly and time consuming one under the work program bidding system and its administrative cost diverts funds that otherwise may have been directed to exploration activities.Work program permits are also susceptible to uncertainty and dispute as to whether or not the required work program has been met. Issues of proper or improper exercise of discretionary powers can arise, particularly when wide statutory discretionary powers are in practice circumscribed by Administrative Guidelines.The existence of statutory and administrative discretion requires, in the interests of natural justice, that there be appropriate avenues of appeal for aggrieved permittees. All of the foregoing regulation and cost is removed with cash bid permits. Cash bid permits not only reduce costs for Government but also for industry.The authors are of the view that offering permits by way of the cash bidding system should be reintroduced, with modifications to ensure its efficiency.

LEGAL CONTROLS OVER PETROLEUM EXPLORATION AND DEVELOPMENT OFFSHORE WESTERN AUSTRALIA

1979 ◽  
Vol 19 (1) ◽  
pp. 219
Author(s):  
A.G. Thompson
Keyword(s):  
Western Australia ◽  
The State ◽  
Petroleum Exploration ◽  
State Control ◽  
Mixed Regime ◽  
Environmental Controls ◽  
Petroleum Resources ◽  
Legal Controls ◽  
Exploration And Development ◽  
Offshore Petroleum

Increased petroleum exploration and development activities offshore Western Australia will continue to attract the focus of many companies, contractors and investors who will find that their exploration and development activities and operating practices are controlled by a mixed regime of State and Federal legislation. This mixed regime has its sources in international and constitutional law.Working within these controls is not assisted by the complexity of State and Commonwealth jurisdictional problems in respect to offshore areas. Certain governmental arrangements between the State and the Commonwealth, however, facilitate continued exploration activity offshore, whilst some of the legal issues remain to be resolved. Some guiding principles as to what laws apply offshore and to what extent, are indicated.The consultative arrangements between the State and the Commonwealth under the Offshore Petroleum Code allow for Commonwealth ownership and State control of offshore petroleum resources to co-exist. These are commented upon and the Petroleum (Submerged Lands) Acts are analysed with respect to the nature and security of petroleum titles; the setting, performance and variation of work and monetary obligations; the range of administrative discretion in relation thereto; the transferability of petroleum interests and the rate and calculation of royalties.Directions regulating offshore operations generally and covering exploration, reporting, platforms, pipelines, production and work practices are explained. Some of the environmental controls are also mentioned.

TRENDS IN DATA ANALYSIS FOR PETROLEUM EXPLORATION AND DEVELOPMENT

1985 ◽  
Vol 25 (1) ◽  
pp. 382
Author(s):  
R.O. Lindseth
Keyword(s):  
Petroleum Industry ◽  
Petroleum Exploration ◽  
Precise Form ◽  
Fifth Generation ◽  
Power And Control ◽  
And Control ◽  
Generation Computer ◽  
Analytical Power ◽  
Operations Systems ◽  
Exploration And Development

The computer world is presently locked in a race to produce the futuristic fifth generation computer, one which will simulate some parts of human intelligence. At the back of this is the current interest in expert systems and their adaptation to petroleum exploration and development. Converging hardware and software technologies, combined with industry requirements, show a definite trend to move from the emphasis on hardware and operations systems toward software and informational systems. It is not possible to predict the precise form in which this will impact petroleum industry operations but it is certain that much greater analytical power and control will rest in the hands of the interpreters enabling much higher rates of productivity and effectiveness in the location of hydrocarbon reservoirs.

Personalized Knowledge Recommendation Based on Knowledge Graph in Petroleum Exploration and Development

2020 ◽  
Vol 34 (10) ◽  
pp. 2059033
Author(s):  
Gang Huang ◽  
Man Yuan ◽  
Chun-Sheng Li ◽  
Yong-he Wei
Keyword(s):  
Collaborative Filtering ◽  
Domain Knowledge ◽  
Cold Start ◽  
Petroleum Exploration ◽  
Personalized Recommendation ◽  
Knowledge Graph ◽  
Recommendation Algorithm ◽  
Filtering Algorithm ◽  
Collaborative Filtering Algorithm ◽  
Exploration And Development

Firstly, this paper designs the process of personalized recommendation method based on knowledge graph, and constructs user interest model. Second, the traditional personalized recommendation algorithms are studied and their advantages and disadvantages are analyzed. Finally, this paper focuses on the combination of knowledge graph and collaborative filtering recommendation algorithm. They are effective to solve the problem where [Formula: see text] value is difficult to be determined in the clustering process of traditional collaborative filtering recommendation algorithm as well as data sparsity and cold start, utilizing the ample semantic relation in knowledge graph. If we use RDF data, which is distributed by the E and P (Exploration and Development) database based on the petroleum E and P, to verify the validity of the algorithm, the result shows that collaborative filtering algorithm based on knowledge graph can build the users’ potential intentions by knowledge graph. It is enlightening to query the information of users. In this way, it expands the mind of users to accomplish the goal of recommendation. In this paper, a collaborative filtering algorithm based on domain knowledge atlas is proposed. By using knowledge graph to effectively classify and describe domain knowledge, the problems are solved including clustering and the cold start in traditional collaborative filtering recommendation algorithm. The better recommendation effect has been achieved.

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