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Enhanced structural geology models of complex fractured reservoirs, utilising new virtual- and field-based techniques developed at Durham, have been applied by industry in the Faroe- Shetland region, N Britain and helped sanction development of the 8 billion barrel Clair Ridge project, a £4.5 billion investment by the Clair Joint Venture Group (BP, Shell, ConocoPhillips, Chevron). Geospatial Research Ltd (a spin-out launched in 2004) has additionally used Durham structural geology research methodologies and expertise to provide > £1.3 million of consultancy services to the global hydrocarbon industry creating, since 2008, 12 new highly skilled jobs.
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.
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.
Impact: Economic benefits arising from new exploitations of North Sea oil and gas fields (2008 - June 2013), including oil production at the Bentley field by Xcite Energy Ltd and gas production at the Wissey field by Tullow Oil plc.
Significance and reach: The Bentley field produced 47,000 barrels of oil (value ~$4.7M) over the period 2011 — 2012, with an estimated ~900M barrels in place. [text removed for publication].
Underpinned by: Research into the identification of geological features through seismic and sequence stratigraphy, undertaken at the University of Edinburgh (1993 - June 2013).
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.
Prof. White's research, and the associated computer algorithms he has developed,have played a key role in decision-making in the petroleum industry, particularly as the search for new resources has moved into increasingly hostile and remote regions on deep-water continental margins, where the uncertainty of exploration involves multi- million pound risks. The key to reducing the geological element of that risk is a detailed understanding of the structure and evolution of the thinned crust and lithosphere that underlie these margins. Prof. White's insights, algorithms and methodology are used by hydrocarbon companies, in particular BP Exploration, to predict hydrocarbon potential and to gain access to exploration acreage.
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.
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.
Economic gains by oil and gas companies, improvements in professional practice in hydrocarbon exploration, and environmental benefits from identifying CO2 disposal sites have been achieved through a Cardiff-led consortium with industry. Building on research carried out since 2004, ten of the largest oil companies in the World have contributed to and benefited from understanding how faulted caprocks behave under specific geological conditions. Research at Cardiff has shown which families of faults and fractures make caprocks highly permeable, thus improving Industry's ability to predict if caprocks are able to prevent oil and gas reaching the surface.
Innovative geochemical research led by Selby at Durham has permitted savings of up to $70M in global mineral and petroleum exploration programmes (e.g., Andes of S. America; West of Shetlands oilfields). Selby's research has developed a unique geochemical toolbox using rhenium, osmium, platinum and palladium that constrain more accurate geological models leading to better reserve predictions. The toolbox provides previously unavailable geological time constraints and source identification of resources (e.g., copper, gold, crude oil) that gives mineral and/or petroleum companies an enhanced economic advantage by improving reserve estimates and/or reducing exploration budgets and/or minimising the environmental impacts of exploration.