The Bureau's Tight Oil Resource Assessment (TORA) team hosted seven operators for its second semi-annual meeting in April. The event included research presentations, a poster session, and a tour of the core facility. Topics covered by the team included stratigraphy in both the Midland and Delaware Basins, petrophysical and lithofacies analyses in the Midland Basin, resource-in-place estimates for the Wolfcampian and Leonardian intervals in the Midland Basin, decline analysis of Permian Basin horizontal wells, analysis based on a 3D geocellular model of the Midland Basin, well-spacing analysis, and water-resource management. Consortia members and the Bureau also discussed the further integrated analysis of resources in the Permian Basin.
Bureau director Scott W. Tinker welcomed guests with an overview of the Bureau’s major initiatives. He stressed the importance of the Permian Basin resource for Texas and the U.S. economy.
The TORA consortium serves as an excellent platform for exchange of knowledge and resource understanding between the companies and Bureau researchers, strengthening basinwide assessments and evaluations. The next semi-annual meeting will be held in fall 2017.
For more information on the Tight Oil Resource Assessment project and the broad energy, environmental, and energy-economics research programs at the Bureau, please contact Mark Blount.