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“Welcome to PetroSharp, where energy meets with the digital world”

A division of petrObjects.com

IN THE SPOTLIGHT PETROSHARP

At PetroSharp, we combine multidisciplinary approaches. Geology is used as a basic tool for carrying field studies utilizing remote sensing techniques for surface exposures and geophysical techniques for subsurface successions.
Petroleum geology and engineering combined with reservoir and chemical engineering techniques are used for field development. All branches are backed by the physical and mathematical laws. We accomplish our goals efficiently to discover, recover and develop oil targets. We use commercial state-of-the-art packages along with our in-house packages to accomplish our goals.
We prepare high-quality static models of petroleum reservoirs that include highly-complicated fault & fracture systems. Evaluate the model and run dynamic modeling of both conventional & naturally-fractured petroleum reservoirs.

Unit Conversion Software
2014

PetroSharp BigDecimal Unit Converter

The converter has been designed by staff of PetroSharp (www.petrosharp.com). It includes two dynamic link libraries (DLL); which are properties of PetroSharp. The BigDecimal Library™; ...

Unknown Composition
Oil Module

Unknown Composition Oil Module

The Unknown Composition Oil object calculates the physical properties of a petroleum reservoir oil sample solely from its specific gravity and bubble-point pressure. The object does not make ...

Unknown Composition
Gas Module

Unknown Composition Gas Module

The Unknown Composition Gas object calculates the physical properties of a petroleum gas mixture solely from its specific gravity. The object does not make any check for temperature and pressure ranges ...

Latest News - Oil & Gas

  • API: US petroleum demand highest for July since 2007

    Total US petroleum deliveries, a measure of US petroleum demand, moved up 4.9% in July from a year ago to average nearly 20.7 million b/d, the highest July deliveries in 10 years, according to data from the American Petroleum Institute.

     

  • IECA requests moratorium on US LNG exports to non-FTA countries

    The Industrial Energy Consumers of America called for a moratorium on US exports of liquefied natural gas to countries not having a free trade agreement with the US.

     
  • Greece launches new tender

    Greece’s Ministry of Environment and Energy has invited interested parties to submit bids within 90 days from the date of publication of its tender notice in the Official Journal of the European Union.

     

  • China, Philippines eye joint exploration

    China and the Philippines are discussing joint exploration of an area off the island nation claimed by Beijing.

     
  • BOEM publishes draft EIS for Hilcorp’s project in Beaufort Sea

    The US Bureau of Ocean Energy Management published a draft environmental impact statement for Hilcorp Alaska LLC’s proposed Liberty oil and gas project in the Beaufort Sea off Alaska’s North Slope. The Aug. 17 publication of the draft EIS opened a 90-day public comment period, which will run through Nov. 19, it said.

     

Exploration and Development

  • Greece launches new tender

    Greece’s Ministry of Environment and Energy has invited interested parties to submit bids within 90 days from the date of publication of its tender notice in the Official Journal of the European Union.

     

  • China, Philippines eye joint exploration

    China and the Philippines are discussing joint exploration of an area off the island nation claimed by Beijing.

     
  • BOEM publishes draft EIS for Hilcorp’s project in Beaufort Sea

    The US Bureau of Ocean Energy Management published a draft environmental impact statement for Hilcorp Alaska LLC’s proposed Liberty oil and gas project in the Beaufort Sea off Alaska’s North Slope. The Aug. 17 publication of the draft EIS opened a 90-day public comment period, which will run through Nov. 19, it said.

     

  • Rob Bishop, 119 other House members ask Zinke to expand OCS leasing

    The US House Natural Resources Committee Chairman Rob Bishop (R-Utah) and 119 other House members, all but one of whom are Republicans, asked Interior Sec. Ryan Zinke to increase US Outer Continental Shelf areas available for oil and gas leasing in the next 5-year management program. Rep. Gene Green from Houston was the single Democrat who signed the Aug. 16 letter, a committee staff member told OGJ.

     
  • BP lets pre-FEED contract for Tortue field off Mauritania, Senegal

    KBR Inc. will perform pre-front-end engineering design (FEED) work over the next 6 months in support of BP PLC in the optimization stage of the Tortue field development.

     

Drilling and Production

Drilling and Production News

By Mark Shenk Dec 31, 2013 11:29 PM GMT+0300

Hedge funds increased bullish bets on crude oil to the highest level in three months as stockpiles dropped and the U.S. economy expanded more than forecast.

Money managers raised net-long positions, or wagers on rising prices for West Texas Intermediate crude, by 4.4 percent in the week ended Dec. 24, U.S. Commodity Futures Trading Commission data show. It was the fourth consecutive increase, the longest streak since July.

WTI topped $100 a barrel for the first time in two months on Dec. 27, propelled by falling inventories in the U.S., the world’s biggest oil-consuming country. The Federal Reserve cited prospects for improved growth for a reduction in its bond-buying program, and a government report showing that the domestic economy accelerated in the third quarter at a faster rate than previously estimated bolstered expectations for strengthening fuel demand.

“There’s a strong demand environment here and that’s attracted the interest of the hedge funds,” said John Kilduff, a partner at Again Capital LLC, a New York-based hedge fund that focuses on energy. “We’ve got a bullish surge going into the end of the year.”

WTI advanced $2, or 2.1 percent, to $99.22 a barrel on the New York Mercantile Exchange in the report week. Prices fell 87 cents, or 0.9 percent, to settle at $98.42. Today. Futures rose 7.2 percent this year, capping the fourth increase in five years. The CFTC data, normally released on Fridays, was delayed because of the Christmas holiday.

Red Sea Studies

 

The Red Sea is a seawater inlet of the Indian Ocean, lying between Africa and Asia. The connection to the ocean is in the south through the Bab el Mandeb strait and the Gulf of Aden. In the north, there is the Sinai Peninsula, the Gulf of Aqaba, ...

Petroleum Reserves

Petroleum is the world's major source of energy and is a key factor in the continued development of the world's economies. Therefore, it is essential for the countries future planning to have a clear assessment of their petroleum reserves ...

Field Development Plans

Field Development Planning has been prevalent in the Petroleum Industry since the first development projects. Uncertainty in crude prices, advancements in technology and the decreased quality of newly discovered reservoirs; means that field development plans now involve much greater detail ...

PetroSharp in Deep

  • Bio Stratigraphy

    The goal of biostratigraphy is to use fossil occurrences within the rock record to establish correlations between time-equivalent rock strata as determined by the presence of a particular fossil species ...
     

    Fault Seal Analysis

    Dry Holes (Leaking faults can bleed a trap dry). Dry Holes (Faults can create empty reservoirs & empty compartments within the producing field). Dry Holes (Sealing faults can keep a trap from being charged) ...

    Petroleum Systems

    Petroleum System consists of a mature source rock, migration pathway, reservoir rock, trap and seal. Appropriate relative timing of formation of these elements and the processes of generation, ...

    Core Analysis

    Core-based measurements offer the most tangible and direct means of determining critical reservoir parameters. Core analysis can play a vital role in field equity or unitization and is often considered to be the ground truth ...
  • Reservoir Characterisation

    A model of a reservoir that incorporates all the characteristics of the reservoir that are pertinent to its ability to store hydrocarbons and also to produce them. Reservoir characterization models ...

    Reservoir Engineering

    Applies scientific principles to the drainage problems arising during the development and production of oil and gas reservoirs so as to obtain a high economic recovery ...

    Average Evaluation

    Exploration, production and average evaluation includes review and validating existing data (Geophysical, geological, geochemical, engineering and production data) ...

    Sequence Stratigraphy

    The study of stratigraphic sequences, defined as stratigraphic units bounded by unconformities. With improvements in the acquisition and processing of reflection-seismic data by petroleum exploration companies ...
  • Field Development Plans

    Field Development Planning has been prevalent in the Petroleum Industry since the first development projects. Uncertainty in crude prices ...

    Volumetric & Ranking

    Volumertics, Risking and ranking includes Play and prospect analysis, Complex trap Volumertics, Detailed geological risking, Geostatistics and Heterogeneity Modeling, 3-D Geocelular Static Model ...

    Res Sea: Source Rock

    In petroleum geology, source rock refers to rocks from which hydrocarbons have been generated or are capable of being generated. They form one of the necessary elements of a working petroleum system ...

    Dynamic Modeling

    The most widespread source for subsurface data is 2-D and, increasingly, 3-D seismic. Data related to boreholes - such as well logs and rock samples - provide crucial complementary and calibration parameters ...

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