Once an oil or gas well has been drilled, one of the first questions usually asked is “What volume of hydrocarbons can we expect this well to produce?” To answer this question, the oil and gas industry can choose from a menu of many different methods. These methods vary widely in accuracy and complexity; one of the most common methods employed is called decline curve analysis (DCA). DCA is the process of fitting an equation to production data and using this fitted equation to predict future well performance. There are many different available decline curve […]
Hanyu Li is a first-year Masters student at Texas A&M University. He has recently been elected to serve as the 2016 – 2017 Graduate Representative for the Texas A&M Chapter of the Society of Petroleum Engineers.
Pressure Transient Analysis (PTA) and Rate Transient Analysis (RTA) are two important tools used to analyze the reservoir. PTA uses the pressure data obtained at the well to estimate important reservoir properties such as porosity and permeability. RTA on the other hand uses the rate data obtained at the well to estimate reservoir volume and ultimate recovery. However, it requires the reservoir […]
Texas A&M is known for its traditions: The 12th Man, Midnight Yell, Fightin’ Texas Aggie Rings, and—if you are a Petroleum Engineering student—the Student Paper Contest. This contest, held each year at the end of January, is a unique part of the PETE curriculum, and is required to graduate. The “paper” is actually a presentation over a technical problem in the petroleum industry. On contest day, upperclassmen and graduate students all pile into different classrooms, from 8:00 am to 5:00 pm, presenting on the independent studies they conducted. As an undergraduate, you will be required to […]
With stagnant oil prices and industry-wide hiring freezes, the future seems very uncertain for many petroleum engineers. Interviews have become scarce, and job offers even rarer. However, there are still many opportunities available, and in this article we will show you how to leverage your resources to earn yourself a job in an unfavorable economy. We will cover many topics, including interview techniques, available Texas A&M resources, guides to researching and networking with companies, and the topic of cold-calling.
Learning About Companies
When trying to land a job, one of the most important things you can […]
Along with the increasing demand for hydrocarbons and other sources of energy, the methods for satisfying our energy needs have become more complex. In the case of oil and gas, exploration and production has gone to deep waters and wells are drilled several miles under the ground. Nonetheless, we must obtain the hydrocarbons in a safe manner and without negative environmental impacts. The application of technical, operational and organizational solutions to reduce risk of uncontrolled release or intake of formation fluids through the life cycle of a well is known as well integrity. The consequences from not […]
While finding a job in the oil and gas industry is your primary goal, choosing the job that fits your personal and professional goals is very important. There are several factors that a budding young professional should consider when looking for a job, such as a company’s management style, size, breadth of resource variety, and types of job responsibilities and engineering challenges offered. Before we begin to analyze these different factors, let us assume that the companies we are considering are in good economic standing. It is generally unwise to consider working for a company that may […]
The beginning of the school year marks a new chapter for most students: a clean slate with new hopes and limited stress. Classes are generally sidelined for Gig Em’ week activities, Greek rush events, and all manner of fun activities…
However, if you are an Aggie Petroleum Engineer, you probably spent the first few weeks of the semester frantically editing your resume, attending company info sessions, applying to every available Hire Aggies position, and sobbing through the night because you are convinced that McDonald’s is the only company that will ever hire you (guilty as charged). If in the […]