Reservoir simulations are used to find the production strategies for methane gas hydrate reservoirs. Most of these simulation models assume homogeneous reservoirs in absence of substantial well data. Many natural gas hydrate reservoirs are heterogeneous. Majority of the heterogeneity comes from...

Reservoir simulation studies were performed to investigate compositional effects between aquifer fluid (brine) and injected supercritical CO2 during the sequestration process in the Frio brine formation. Accurate data calibrations of CO2 solubility and density, as well as brine density and...

We study the oil displacement and production behavior in an isothermal thin layered reservoir model subjected to water flooding. We use the CMG’s (Computer Modelling Group) numerical simulators to solve mass balance equations. The influences of the viscosity ratio (m≡μoil/μwater) and the...

Supercritical CO2 has good mobility and certain heat capacity, which can be used as an alternative of water for heat recovery from geothermal reservoirs, meanwhile trapping most of injected CO2 underground to achieve the environmental benefits. In this paper, different types of geothermal...

We discuss the difficult question of measuring the effects of asymmetric information problems on resource allocation. Three problems are examined: moral hazard, adverse selection, and asymmetric learning. One theoretical conclusion, drawn by many authors, is that information problems may...