Part 4 Flashcards
(11 cards)
Occurs when the reservoir formation deforms in someway for example fault trap anticlinal trap and dome plug trap
Structural trap
An arrangement of rock layer containing an accumulation of hydrocarbons where the formation prevents the hydrocarbons from rising to the surface
Traps
Occurs when porosity or permeability has change within a formation or where a nonporous layer seals off the top of a reservoir
Stratigraphic traps
Factors that affect porosity
Packing, The size of the grains
Shape, The shape of the grains
Deposition, arrangement of grains when they were laid down and compacted
Pressure gradient of freshwater A.k.a. abnormal pressure
0.433 psi/ft
Pressure gradient of saltwater a.k.a. normal pressure
0.465 psi/ft
A change of permeability within a rock layer causes this
Lenticular
Contract of sale for the oil or gas
Division order
An agreement that trades the drilling obligations for an interest in the property (to the granting party)
Farm out
An agreement that trades the drilling obligation for an interest in the property (to the receiving party)
Farm in
An expense free share of the production
Overriding royalty agreement