Projects & Opportunities
Giant Stratigraphic Trap
Sapience Now has identified a giant exploration opportunity for heavy oil (10° - 16° API). The undiscovered prospective resources would be 140 billion (10E9) barrels of original oil in place, with a primary technical recovery of 11 billion barrels. These estimates are based on data sourced by Perupetro, the regulatory entity of Peruvian oil industry.
It is an elongated stratigraphic trap, 350 km long and 70 km maximum width, at a depth between 1,130 m and 1,550 m. The nearest main pipelines to the Pacific coast are located about 300 km from the area.
The potential production rates of appraisal wells, assuming a successful discovery, have been estimated to reach initially 800 barrels per day for vertical wells and 9,000 barrels per day for 5,000’-horizontal wells. Production from 4 horizontal wells on a drilling pad, away from fluid contacts, could yield 5 to 10 million barrels in the first two years. The potential exploitation of this giant accumulation, by far the largest in Peru, could be a game-changer in the Peruvian oil industry.
Sapience Now is looking for partners to jointly complete the two actions defined by Perupetro: (1) execute a Technical Evaluation Agreement (TEA) to improve understanding and reduce risk, and, after TEA’s completion and approval, (2) apply the granted first option to negotiate an Exploration & Exploitation License Contract for the area.
Unconventional Wells, Northwestern Peru
Sapience Now is proposing to operators in Northwestern Peru the construction of multi-stage fractured horizontal wells in very low permeability reservoirs.
Preliminary estimates show that horizontal wells with 2,400 to 3,000’ lateral length and 18 to 24 fractures can initially produce 280 to 400 barrels per day. Production from 24 horizontal wells drilled with one rig could reach 1 to 1.5 million barrels in the first year. If successful, unconventional wells can increase and sustain oil production in northwestern Peru.
Participation of all operators is crucial to make (i) the project successful, (ii) achieve an effective transfer & assimilation of unconventional technologies,(iii) capitalize on local experience, (iv) reduce costs, and (v) better use services and materials.
From Oil to Green Energy
Sapience Now is analyzing the feasibility of repurposing wells from abandoned oil fields with high geothermal gradient and water bearing reservoirs with high permeability.
The goal is to produce very hot water, convert the thermal energy into electricity using the Organic Rankine Cycle or other technologies, and properly dispose the water.
Completed Projects
The following projects have been developed by Sapience Now professionals during their tenures in several companies.
INTEGRAL RESERVOIR EVALUATION & DEVELOPMENT STUDIES
Integrated Field Study, Peru
Multi-disciplinary reservoir characterization, numerical reservoir simulation, and implementation of drilling and workover programs at Corrientes Field. Results: Increase +250% oil production and ±40% reserves.
Reservoir Evaluation & Development Plan, Peru
Multi-disciplinary reservoir characterization, compositional reservoir simulation, early production, and development plans for the Camisea giant gas-condensate field, are now in production.
Development of a Giant Gas Field, Australia
Multi-disciplinary planning and overseeing the drilling of six out of the first eight development wells in the Gorgon Field, the largest single resource in the Carnarvon Basin, located offshore Australia. This development effort has significantly contributed to Australia's status as a major player in the global LNG market.
Increased Reserves in mature fields, Venezuela
Multi-disciplinary identification and characterization of new combined stratigraphic-structural traps in the mature Acema Block using “high-frequency seismic imaging reprocessing”. The drilling of these traps confirmed the proposed exploration play. Results: Increase +15% in oil reserves.
Field Rejuvenation, Ecuador
Successful Design and implementation of drilling and workover programs, and secondary recovery pilots in Lago Agrio, Palo Azul, Igapo fields, and other mature fields. Result: +300% increase in sustained oil production.
EXPLORATION
Exploratory Wells Evaluation, East & West Venezuela
Well-test evaluation of deep, high-pressure, high-temperature exploratory wells, including test design, field supervision, well-test analysis, production forecast, and stimulation requirements.
Gas Field Discovery, Australia
Multi-disciplinary maturation of the Pinhoe Lead, designing and overseeing the drilling of the Pinhoe 1 ST1 discovery well.
Results: Discovered net gas pay in the Mungaroo and Barrow sands, the OGIP was approximately 2.1 trillion cubic feet. This discovery has contributed to Australia's status as a major player in the global LNG market.
PRODUCTION (stimulation)
Hydraulic Fracturing, Venezuela
Successful introduction of hydraulic fracturing in deep, high-pressure, high-temperature wells in Northern Monagas Fields, including frac design, field supervision, and evaluation.
IMPROVED OIL RECOVERY
First Unconventional Wells, Mexico
Successful design & implementation of the first unconventional multi-stage fractured wells in highly compartmentalized low-perm reservoirs of Chicontepec Fields. Results: +1,000% increase in oil production.
SECONDARY RECOVERY
Water Injection Pilot, Venezuela
Successful Implementation of a 2-year water injection pilot in deep, high-pressure, high-temperature reservoirs, including design, field supervision, monitoring and evaluation of injection profiles, sweep efficiency, mobility ratio, and stimulation at Carito field.
FORMATION EVALUATION
Real-Time Monitoring of Hydraulic Fracturing with Fiber Optics, USA
Successful introduction of real-time down-hole monitoring with Fiber Optics of multi-stage hydraulic fracturing and productivity evaluation of conventional and unconventional wells,
DRILLING
Multilateral Rapid Exclude, Venezuela
First Rapid Exclude Multilateral level 3 Venezuela East for PDVSA
Pdvsa was interested in boosting production in heavy oil with a multilateral system allowing to exclude sand production. A task force was formed between 3 groups (Directional drilling, MWD / LWD and multilateral experts). Two horizontal drains were drilled and completed. 10 years later, both branches were still producing 700 bls per day. This job was done in the San Tome area in November 2002.
Innovative use of short radius technique in Algeria
Sonatrach needed a cheaper alternative than fracturing to boost production.
On vertical wells abandoned but in good condition, re-entry horizontal wells were drilled with low-cost workover rigs. Because of the very hard formation, it was necessary to use more powerful downhole motors in the drain. (Motors normally used in medium radius wells only). Many wells were drilled between 2009 and 2012 in Hassi Messaoud.
Fiber Optics Application in Oil & Gas Wells, USA
Development and introduction of design & analysis techniques to use fiber optics distributed temperature sensing (DTS) to assess flow profiles in production & injection wells (iView, iFlow, StimWatch).