Rashid Khan 2006-07 SPE Distinguished Lecture - Society of ...

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Huge conventional & non-conventional oil sources exist: Opportunity for E&P innovation in heavy &/or sour resources ~6-8 Trillion barrels of oil in in place Produced Remaining Recoverable Enhanced Oil Recovery Target ~7 Trillion barrels of oil in in place Oil Shales 38% Tar Sands & Bitumen 39% IEA Extra Heavy Oil 23% Source: IEA World Energy 2004 34
A major problem for all fossil fuels is green house gas From Hoffert • Climate changes threaten the world • Our energy policy must account for it by innovations for CO2 capture, sequestration • A major need is to separate the energy content from carbon present in fossil fuels. • World needs “disruptive innovations” to face the challenges. 35
Page 1 and 2: SPE DISTINGUISHED LECTURER SERIES i
Page 3 and 4: Boom and bust: Perception of our mi
Page 5 and 6: Faults Aug, 2005 Many books on the
Page 7 and 8: Topics • Innovation and historica
Page 9 and 10: Is the industry innovative? Relativ
Page 11 and 12: “Bad-actors” - undesirables in
Page 13 and 14: Quest for quality All data show tha
Page 15 and 16: Factors impacting crude price • D
Page 17 and 18: , Comments from Crude Quality group
Page 19 and 20: Options for crude upgrading 1. In r
Page 21 and 22: Fundamentals of carbon rejection Co
Page 23 and 24: Defining refining 800 o Residual Fu
Page 25 and 26: Many field treatment are already vi
Page 27 and 28: In-situ upgrading & recovery of 60%
Page 29 and 30: Field or “mine mouth” conversio
Page 31 and 32: Quest for disruptive or radical inn
Page 33: Finding and supplying crude oil is
Page 37 and 38: Responsible energy alternatives and
Page 39 and 40: Innovation in oil industry did “m
Page 41 and 42: Concluding remarks • Society ques
Page 43 and 44: Q. How human impacts quality during
Page 45: Q. Examples of current EOR and in-s

Rashid Khan 2006-07 SPE Distinguished Lecture - Society of ...

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