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Exploring for Oil and Natural Gas - Research Paper Example
Pages 6 (1506 words)
C2C Adelaide will provide information for the petroleum companies that I better usually. It can help the companies to decide about drilling or not. The company works on decision science to analyse the information. The company with its reservoir fluids lab will decide on the probability of finding the oil and gas…
The company's seismic services can be an asset to the firms that receive the services of the firm. As drilling oil is a high risk and pay off proposition. This requires expertise in finding the oil and thus can reduce the problems regarding unnecessary extra spending on drilling and exploration. The company is expert in analyzing the oil, gas and water. This gives good idea about drilling. The information and analysis of the data of a particular place will decide the company to drill or not for fuel. The services of the company will be good for the oil firms that use the seismic services and the analysis of the oil and gas. The company's analysis include the combining of geologic information and flow simulation techniques with advanced computing. This will increase oil recovery in mature oil fields. The three resources; mature or partially depleted reservoirs, geologically complex formations and ultra deep water reservioirs are the sources of the oil at present. The engineers of C2C can identify the location and distribution of the un swept or bypassed oil and untapped compartments. High resolution fluid flow modeling and seismic imaging techniques will be used by the company for data assimilation and can determine the place of drill and finding out unswept oil. (Gene Charleton et al, 2007)1
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