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Researchers in petroleum geology at the University of Aberdeen have since the mid 1990's been investigating the characteristics and geological context of sand injectites. The geological contexts within which injected sands are discovered have permitted a step change in the production potential in some oil fields (up to c. 1 billion barrels oil), and to define new exploration targets (up to 250 million barrels oil) to make a significant increase to the overall proven reserves of hydrocarbons in any given province (e.g. the North Sea). The findings of this research have been utilised by a number of multinational oil & gas companies to optimise their exploration and field development strategies to maximise the commercial production of hydrocarbons. This case study describes the economic impacts resulting from two projects in particular in the North Sea, the Volund field (Marathon Oil) and the Mariner Field (Statoil) resulting in the enhancement of strategy, operations and management practices; improvements in performance and adoption of new processes; and creation of new employment as a direct result of research facilitating the development of new assets that would otherwise have remained fallow.
Our research has had a global impact on understanding the tectonic development and fill of rift basins, providing a predictable spatial and temporal template for the distribution of hydrocarbon reservoir rocks. The models are embedded in exploration workflows of global oil companies and have influenced recent exploration success (North and East Africa, Atlantic conjugate margins). Translational research on 3-D rift basin outcrop data capture and resulting software licencing has improved reservoir modelling, optimising positioning of $100m wells. Field-based training for several hundred oil industry staff since 2005 has ensured in-depth knowledge transfer.
University of Leeds Research has been used by its specialist Turbidites Research Group (TRG) to underpin consultancy work for oil companies that has, in turn, steered them to make high-value decisions. Examples include an oil well placement, the development of an oil field, and a decision to only partially develop another. The TRG has been funded by 14 oil companies since 1992, and its annual income has risen from £125k/yr prior to 2008 to £380k/yr during the REF period. It is estimated that the cumulative value of oil company decisions based on TRG research exceeds several hundred million dollars. Following the impact, Leeds have replicated the TRG business model to form new specialist industrial research groups that have each generated further impact.
Failure to predict and control geological overpressures during drilling can lead to operational delays costing millions of pounds, or to blow-outs causing serious environmental damage and costs running into billions. Using methodologies, knowledge and data analysis techniques developed at Durham, a spin-out, GeoPressure Technology (GPT; now Ikon Geopressure) (20 employees, revenues 2008-13: £10.8 million) has become a niche supplier to the global oil industry of expertise, training and software ("PressureView") that predicts and assess the causes of overpressure. GPT consultancy has had particular impacts for companies drilling in the North Sea, offshore Canada, Norway and West Africa where overpressure represents a significant technical challenge.
Platinum Group Elements (PGE) are critical strategic metals because of their unrivalled applications in catalysts, fuel cells and electronics and cancer therapies. Research and analytical methods developed at Cardiff have impacted on exploration for new PGE deposits, and more efficient processing of PGE ores by international mining companies. A key milestone between 2009 and 2012 was the discovery of a 3 billion year old giant impact crater in West Greenland. This discovery is of major economic significance because all craters previously found in this size class are associated with multi-billion dollar mineral and/or hydrocarbon resources. It led to an intellectual property transaction worth CDN$ 2.1 million and discovery of nickel and PGE deposits in Greenland by North American Nickel Incorporated.
The Zambian Copperbelt is the largest known repository of copper on Earth. Research at the University of Southampton has transformed the exploration landscape in the region, providing the world's mining companies with new opportunities for mineral exploration in Zambia and other sedimentary basins in Africa. This inward investment has contributed to rapid economic growth in Zambia and boosted local employment. Southampton's research model has contributed to the discovery of two world class copper deposits, impacted on the earnings of global mining companies, as well as ensuring a flow of highly skilled geologists from academia to industry.
UCL's Deep-Water Research Group (DWRG) creates knowledge transfer between research and the hydrocarbon industry. Oil companies use the DWRG's research results to generate improved in-house computer-generated hydrocarbon reservoir models, allowing them to manage, develop and value their reservoirs better. The same companies also use the research to run training courses for employees, including reservoir engineers and managers, leading to improved understanding and more informed decision-making about the management of hydrocarbon reservoirs. Improved management and development of reservoirs ultimately leads to oil companies being able to extract a greater amount of oil.
Resistivity anomalies resulting from hydrocarbon reservoirs can be located and measured using controlled source electromagnetic (CSEM) techniques. The University of Southampton played a pivotal role in the first full-scale marine CSEM survey over a hydrocarbon target in late 2000. This survey and subsequent work spawned one of the greatest technological advances in the field of oil exploration since the development of 3D seismic techniques. By the end of 2012 over 650 commercial CSEM surveys had been completed worldwide, with annual survey revenues in excess of US$200 million. The University continues to develop impact through consultancy and industry-funded research projects.
This case study describes the economic impact to sections of the hydrocarbons industry resulting from research into deep water sediment transport and depositional processes. turbidites.org is a multi-institutional, interdisciplinary research platform based at University of Aberdeen, which takes a multi-scale approach to understanding deep-water depositional systems and their significance as a stratigraphic record of long-term environmental change. The resulting research outputs have been applied to deep-water hydrocarbon reservoir prediction.
Research by the University of Aberdeen's research group on Stratigraphic Evolution of large Igneous Provinces (StratLIP) has guided the successful development of new oil-producing fields in the North East Atlantic that were previously not in production, aided by an improved understanding of the geological context within which the reserves were discovered. The research has informed every phase of exploration and development by several of the UK's leading energy companies, in one project saving the partners £600m and proving the financial viability of a major oilfield development deemed important to the UK's oil supply. The findings have contributed to an increase in the UK's energy security and the strength of the UK's oil and gas industry, especially in the context of the local economy of Aberdeen, the energy capital of Europe.