Some New Methods for Estimating the Future Production of Oil Wells (bb30302c-613a-4b9f-9d37-5008b49cb02b)

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
4
File Size:
208 KB
Publication Date:
Jan 5, 1918

Abstract

EUGENE WESLEY SHAW,* Washington, D. C. (written discussion ?).-Studies of the probable future production of oil wells and fields-particularly those in the nature of the recent work by Lewis and Beal, having the object of increasing the percentage of recovery-rank, in both practical and theoretic value, very high, if indeed they do not outrank all other petroleum investigations except structural surveys. Even such surveys, although saving untold millions that might have been spent in prospecting unpromising territory, may have less ultimate value than generally supposed, for it may perhaps be argued that much if not most of the condemned territory will sooner or later be tested-some is already productive-and the most that can be rightly claimed is the recovery of cream first; also that the consumption of the richest portions first cannot be extenuated, as it might with some resources, on the ground that if the best is not taken now it will deteriorate.
Citation

APA:  (1918)  Some New Methods for Estimating the Future Production of Oil Wells (bb30302c-613a-4b9f-9d37-5008b49cb02b)

MLA: Some New Methods for Estimating the Future Production of Oil Wells (bb30302c-613a-4b9f-9d37-5008b49cb02b). The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1918.

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