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Behm M.,OMV Austria Exploration and Production GmbH | Egreteau A.,OMV Austria Exploration and Production GmbH | Afifi M.,Petrom | Ogliani F.,Schlumberger | Voskamp A.,Schlumberger
5th EAGE Passive Seismic Workshop: From Wish List to To-Do List | Year: 2014

Enhanced oil recovery is routinely performed by water flooding in the Tazlau field in Eastern Romania. By the end of 2013, a borehole microseismic feasibility study was launched to gain better understanding of the producing reservoir behavior. Two wells were equipped with 8 geophones in approximately 1000 meters depths in two consecutive periods coinciding with the initiation of the injection phase. In the first well, a significant amount of microseismic events (2566) was recorded during 14 monitoring days, in contrast to a very small number of events (54) observed in the second well in the following 14-day period. This significant difference is related to the varying fracture density in the area and, to a lesser degree, to the amount of injected water. In general, event hypocenters can be located within distances of 600 meters from the monitoring well with sufficient accuracy, and their moment magnitudes range from -1.5 to -3.5. Fracture network characterization based on the microseismic pattern is supported by the analysis of fullbore formation imaging. The study provides new insight on potential water paths. We conclude that borehole microseismic monitoring appears as a promising and useful technique for steering water injection.

Muller B.,Karlsruhe Institute of Technology | Heidbach O.,Karlsruhe Institute of Technology | Heidbach O.,German Research Center for Geosciences | Negut M.,PETROM | And 2 more authors.
Tectonophysics | Year: 2010

The crustal stress pattern of Romania provides key insights into whether the Vrancea slab with its seismogenic volume between 70 and 175 km depth is still coupled to the crust and thus acts as a stress guide, or whether it is already in a state of detachment from the crust. Knowledge of the state of the slab under Vrancea is particularly critical because the slab attached to the crust can result in future strong earthquake occurrence in the crust and even in the currently aseismic zone between 40 km and 70 km depth, potentially causing severe damage. Our analysis of the contemporary tectonic stress observations in the context of potential stress sources and the comparison with numerical modelling shows that the crustal stress pattern in Romania is heterogeneous and does not contain a long wave-length stress pattern that would be expected if there is a strong present-day coupling between the subducted slab and the upper plate, or if lateral plate boundary forces would control the regional stress pattern. Therefore, we conclude that the crustal stress pattern of Romania is characterised by small differential horizontal stresses where local stress sources (third-order effects) are responsible for the observed heterogeneity of stress orientations and that the subducted slab under Vrancea is only weakly coupled to the crust. © 2009 Elsevier B.V. All rights reserved.

Cataraiani R.,Petrom | Iosif R.,Petrom | Dragomir A.,Petrom | Perez D.,Schlumberger | And 3 more authors.
72nd European Association of Geoscientists and Engineers Conference and Exhibition 2010: A New Spring for Geoscience. Incorporating SPE EUROPEC 2010 | Year: 2010

Oil production from offshore Lebada field has been improved significantly over the last two years through the use of multiple proppant fractures placed from horizontal completions. Following early successes the engineering effort now focuses on increasing value through engineering innovation and increased productivity. This paper describes, through case histories and field data, the advances made in the application of workflow processes, design and execution of these completions. Due to the offshore environment, emphasis is placed on high-efficiency operations based on specially tailored solutions incorporating new workflow processes and technologies. This resulted in a significant impact on operational efficiency by lowering costs and ultimately increasing hydrocarbon production. In the first well candidate, decision was made to complete the horizontal openhole well with a permanent completion system consisting of multiple mechanical packers and ball activated frac ports that would enable multiple fracturing treatments. It was determined that by using a novel viscoelastic polymer-free surfactant-based fluid, the desire fracture geometry could be optimized while being able to mix the fluid on-the-fly with sea water, therefore eliminating the need of re-loading water and materials after each frac job and allowing the excecution of the entire operation in a single trip, avoiding unnecessary vessel trips to shore to reload materials. This novel multistage fracturing system was introduced in Europe for the first time in 2008. Because of this initial success, additional wells were selected and treated using same engineered approach. Two horizontal wells were logged using Wireline Technology and logging while drilling technology, interpreted openhole images and advanced sonic logs were used to determine the optimum completion configuration and to select favorable fracture initiation points and treatment designs. Multistage frac was designed according to the Geological and petrophysical information from log data integration. A vertical well that completed with a limited set of logs and is, in this presentation our blind test well. The openhole packers were placed in sections of the wellbore free of open fractures, contacting shale streaks with higher stress acting as barriers for fracture propagation and providing hydraulic isolation. The frac ports on the other side were placed in the points where the fracture would most likely initiate. Those parts of the wellbore contacting open fracture systems, identified by image logs and sonic logs were expected to show lower stress and lower shale content. Fracturing ports were selectively spaced to provide the best reservoir drainage pattern. Productivity is the driver for economic success and processes and treatment design requirements have evolved through the new techniques implemented, that has now become the standard in Lebada field. Production data on these three wells indicate expected production and demonstrated the full success of the technology utilized. Multi disciplinary approach on all 3 wells has allowed a perfect optimization of completion techniques that has allowed PETROM to save rig time in an expensive offshore environment. Normalized well productivities continue to improve and the challenge is to maintain the rate of evolution through the improved application of both new and existing technologies. © 2010, European Association of Geoscientists and Engineers.

News Article | November 28, 2016

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES SolidusGold Inc. (the "Company") (TSX VENTURE: SDC) is providing an update on the acquisition by the Company of the Northumberland Project in Nevada for US$20 million from Newmont USA Limited (the "Northumberland Acquisition") and certain of its affiliates ("Newmont") and the concurrent private placement of subscription receipts (the "Financing"), as previously announced on September 15, 2016. While the Financing has received robust interest from both retail and institutional investors, both the price of gold and prevailing equity market conditions have deteriorated substantially since the announcement of the Northumberland Acquisition. As a result, the Company has not obtained the necessary support to complete the Financing and does not expect to be in a position to complete the Northumberland Acquisition within the 75 day period provided for in the purchase agreement. The Company is in advanced discussions with Newmont to extend the outside date of the Northumberland Acquisition. However, there can be no assurance that such an agreement will be reached. The Company continues to explore financing alternatives including discussions with a potential strategic financial partner. The Company is also pleased to announce that Sorin Posescu has been appointed Chief Executive Officer as well as to the Board of Directors of the Company. Rick Van Nieuwenhuyse, who was appointed to the Chief Executive Officer position on an interim basis, will continue as Chairman of the Board. Mr. Posescu is a professional geologist with more than 20 years of experience in natural resources exploration and development. Mr. Posescu has worked for major to junior resource companies throughout Europe, USA and Canada, including NovaGold, OMV-Petrom and Brixton Metals. Rick Van Nieuwenhuyse, Chairman, commented: "Working towards an extension is critical as it will allow for both financing and strategic alternative efforts to continue. Sorin Posescu has been instrumental as a consultant to the Company in the identification and negotiation of the Northumberland Acquisition, and I look forward to working alongside Sorin in his new capacity as CEO." For more information, please email Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (together, "forward-looking statements"). All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Northumberland Acquisition, including a potential extension of the outside date for completion of the Northumberland Acquisition, the Financing and other future plans and objectives of the Company are forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events may vary from those anticipated in such statements. Important risk factors that could cause actual results to differ materially from the Company's plans or expectations include failure to obtain an extension of the outside date for completion of the Northumberland Acquisition, failure to TSX Venture Exchange acceptance of the Northumberland Acquisition and the Financing (together, the "Transaction"), failure to remove conditions to completion of the Transaction, failure to raise sufficient funds on the proposed terms or at all and the other risks disclosed in this news release. The forward-looking statements in this news release were developed based on the assumptions and expectations of management, including that TSX Venture Exchange acceptance for the Transaction will be obtained, conditions will be satisfied, required fundraising will be completed, the other assumptions disclosed in this news release and that the risks described above will not materialize. There can be no assurance that the Transaction will complete. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction, including the United States. The securities referenced in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, a "U.S. person," as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration requirements is available.

Tari G.,OMV Austria Exploration and Production GmbH | Poprawa P.,Energy Studies Institute | Krzywiec P.,Polish Academy of Sciences | Popadyuk I.,SPK Geoservice | Krezsek C.,Petrom
Society of Petroleum Engineers - European Unconventional Resources Conference and Exhibition 2014: Unlocking European Potential | Year: 2014

The present day collage of various Silurian basin fragments in Central and Eastern Europe (CEE) is the result of several orogenic and rifting/drifting episodes. The proper paleogeographic reconstruction of a single, very large Silurian foredeep basin in the context of regional geology has a major impact on the ongoing unconventional shale gas exploration efforts in the region, including Poland, Ukraine, Romania and Moldova. The distal segments of a large Silurian foreland basin associated with the Caledonian collisional orogene, along the perimeter of the East European Craton, can be reasonably followed along strike from NW to SE, from Poland all the way to the Ukrainian Black Sea coast. The foredeep basin sequence onlaps to the NE the various pre-Silurian and crystalline basement units. The Silurian basin of the CEE is interpreted here as a pro-foreland basin, with short-lived (less than 15 m.y.) and extremely rapid (locally more than 1,500 m per m.y.!), accelerating subsidence histories recording a portion of the orogenic history of the broader Caledonian orogeny. Besides the typical subsidence curves and the very prominent onlap of successive Silurian lithostratigraphic units onto the craton, the flexural origin is also supported by the general lack of normal-faulting within the basin, contradicting some interpretations suggesting deposition on the extensional continental margin of the Rheic Ocean. The map-view distribution of the lithofacies within the basin, such as clastic turbidites in the southwestern perimeter of the basin, deepwater shales in the center and neritic carbonates on the northeastern foreland margin, is also consistent with the flexural basin interpretation.

News Article | February 22, 2017

The Global Isoamyl Alcohol Industry 2016 Deep Market Research Report is a professional and in-depth study on the current state of the Isoamyl Alcohol industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Isoamyl Alcohol market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states importexport, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Brazil), and other regions can be added. Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What’s more, the Isoamyl Alcohol industry development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. 1 Industry Overview of Isoamyl Alcohol 1 1.1 Definition and Specifications of Isoamyl Alcohol 1 1.1.1 Definition of Isoamyl Alcohol 1 1.1.2 Specifications of Isoamyl Alcohol 2 1.2 Classification of Isoamyl Alcohol 2 1.3 Applications of Isoamyl Alcohol 3 1.3.1 Spices Industry 4 1.3.2 Pharmaceuticals Industry 5 1.3.3 Metallurgical Industry 6 1.4 Industry Chain Structure of Isoamyl Alcohol 7 1.5 Industry Overview and Major Regions Status of Isoamyl Alcohol 7 1.5.1 Industry Overview of Isoamyl Alcohol 7 1.5.2 Global Major Regions Status of Isoamyl Alcohol 8 1.6 Industry Policy Analysis of Isoamyl Alcohol 8 1.7 Industry News Analysis of Isoamyl Alcohol 9 8 Major Manufacturers Analysis of Isoamyl Alcohol 64 8.1 Petrom 64 8.1.1 Company Profile 64 8.1.2 Product Introduction 65 8.1.3 Capacity, Production, Price, Cost, Gross and Revenue 65 8.1.4 Contact Information 67 8.2 Oxiteno 67 8.2.1 Company Profile 68 8.2.2 Product Introduction 68 8.2.3 Capacity, Production, Price, Cost, Gross and Revenue 69 8.2.4 Contact Information 71 8.3 BASF 71 8.3.1 Company Profile 71 8.3.2 Product Introduction 72 8.3.3 Capacity, Production, Price, Cost, Gross and Revenue 73 8.3.4 Contact Information 74 8.4 Chemoxy 74 8.4.1 Company Profile 74 8.4.2 Product Introduction 75 8.4.3 Capacity, Production, Price, Cost, Gross and Revenue 76 8.4.4 Contact Information 78 8.5 Alfrebro 78 8.5.1 Company Profile 78 8.5.2 Product Introduction 79 8.5.3 Capacity, Production, Price, Cost, Gross and Revenue 79 8.5.4 Contact Information 81 8.6 Oxea-Chemicals 81 8.6.1 Company Profile 81 8.6.2 Product Introduction 82 8.6.3 Capacity, Production, Price, Cost, Gross and Revenue 82 8.6.4 Contact Information 84 8.7 Nimble Technologies 84 8.7.1 Company Profile 85 8.7.2 Product Introduction 85 8.7.3 Capacity, Production, Price, Cost, Gross and Revenue 86 8.7.4 Contact Information 87 8.8 Kaili Chemical 87 8.8.1 Company Profile 88 8.8.2 Product Introduction 88 8.8.3 Capacity, Production, Price, Cost, Gross and Revenue 89 8.8.4 Contact Information 90 8.9 Yancheng Hongtai Bioengineering 90 8.9.1 Company Profile 91 8.9.2 Product Introduction 91 8.9.3 Capacity, Production, Price, Cost, Gross and Revenue 92 8.9.4 Contact Information 93 8.10 Shandong Hongyuan Chemical 93 8.10.1 Company Profile 94 8.10.2 Product Introduction 94 8.10.3 Capacity, Production, Price, Cost, Gross and Revenue 95 8.10.4 Contact Information 96 8.11 Sanjiang Chemical 96 8.11.1 Company Profile 97 8.11.2 Product Introduction 97 8.11.3 Capacity, Production, Price, Cost, Gross and Revenue 98 8.11.4 Contact Information 99 8.12 Baohua Chemical 99 8.12.1 Company Profile 100 8.12.2 Product Introduction 100 8.12.3 Capacity, Production, Price, Cost, Gross and Revenue 101 8.12.4 Contact Information 102 For more information, please visit

Tari G.,OMV Austria Exploration and Production GmbH | Fallah M.,OMV Austria Exploration and Production GmbH | Schell C.,OMV Austria Exploration and Production GmbH | Kosi W.,OMV Austria Exploration and Production GmbH | And 6 more authors.
Petroleum Geoscience | Year: 2016

An unconformity has been observed along the Black Sea shelf on seismic reflection profiles and wells which is broadly similar to the one associated with that formed during the Messinian salinity crisis (MSC) in the Mediterranean. Therefore, this intra- (or Middle) Pontian unconformity has been traditionally interpreted as the manifestation of the MSC in the Black Sea Basin. However, the magnitude of the sea-level fall associated with this erosive surface does not appear to be nearly as significant as was assumed previously. Also, the inferred MSC surface itself cannot be easily followed into the palaeo-deepwater basin as a regional unconformity in the same manner as in the Mediterranean. Moreover, around the Black Sea, there is no evidence of major river incisions during the MSC, unlike the well-documented cases in the Mediterranean region. If the MSC evaporites in the Mediterranean indeed deposited in a subaerial setting at the basin floor, the lack of a major drawdown in the Black Sea explains why there are no Messinian evaporites in the Black Sea. Owing to the approximately 500 m MSC sea-level drop the Black Sea basin system, this basin did not even get close to the conditions required for the formation of evaporites in the basin centre. As the magnitude of the sea-level drop and the overall impact of the MSC in the Black Sea is interpreted to be less significant than in the Mediterranean, the risk of breaching pre-existing hydrocarbon traps during the MSC is less than has been suggested before. © 2016 The Author(s). Published by The Geological Society of London for GSL and EAGE. All rights reserved.

Kosi W.,OMV Austria Exploration and Production GmbH | Tari G.,OMV Austria Exploration and Production GmbH | Nader F.H.,Lebanon Ministry of Energy and Water | Skiple C.,PGS | And 2 more authors.
Leading Edge | Year: 2012

The Levant Basin is a deep-water basin in the eastern Mediterranean region. A large part of the basin contains a characteristic set of closely spaced normal faults, informally called the "piano key faults." These normal faults trending NW-SE have a fairly high-frequency map-view spacing of approximately 3-4 km on average and tens to hundreds of meters of interpreted throw. A large part of the pre-Messinian sedimentary strata is faulted, including the entire Miocene-to-Oligocene sequence. At depth, all the faults consistently die out at the same intra-Eocene detachment level. This stratigraphic level is interpreted to have a regionally developed shale sequence acting as the basal detachment surface for the piano key faults. The amount of throw on the individual faults appears to decrease toward the basin margin and the faults do not extend into the adjacent basins of the broader eastern Mediterranean area. © 2012 Society of Exploration Geophysicists.

Minescu F.,Petroleum Gas University of Ploiesti | Popa C.,Petroleum Gas University of Ploiesti | Grecu D.,PETROM
Petroleum Science and Technology | Year: 2010

Primary and secondary migrations are well defined terms in hydrocarbon reservoir genesis, as spontaneous hydrocarbon displacement from the source rock to the final trap. The fluid movement that occurs after reservoir abandonment defines the tertiary migration process. The result of the tertiary migration is a new saturation distribution within the reservoir and it is expected that in the most favorable cases, the production potential of some parts of the reservoir might be restored. The principles and factors involved in the tertiary migration process are examined and two successful production restarting projects in Romania are presented, as proof of the new concept effectiveness.

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