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

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Innovation with optimism is the solution “Everything that can be invented, has been invented.” -Charles Duell, Head, US Patent, 1899 • Edison 1888: Genius is 99% perspiration • Prof Dickey 1958: “We usually find oil in a new place with old ideas. Sometimes, we find oil in an old place with a new idea, BUT we seldom find much oil in an old place with an old idea. Several times in the past we thought we were running out of oil, whereas actually we were running out of ideas.” 40
Concluding remarks • Society quests for cleaner environment & cleaner fuels • Crude must be converted to clean fuels, but there is no clear standards on crude quality. • Human factors impact crude oil quality. • Concerns are on yield and not on quality; refiners r are challenged by supply & capacity constraints. • The challenge: make cleaner products from poorer feeds. • Opportunities exist to synergize quality issues while addressing production. • Disruptive innovation is needed to provide cleaner energy & address carbon & quality aspects of fuels. 41
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 and 34: Finding and supplying crude oil is
Page 35 and 36: A major problem for all fossil fuel
Page 37 and 38: Responsible energy alternatives and
Page 39: Innovation in oil industry did “m
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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