Hold at the BMO Centre at Stampede Park Calgary, Alberta, Canada, the conference scheme this year was: “Generating Performance Improvements Through Innovation”. Read More
2017 President’s Message
Dr. Yanguang Yuan, “YY”, P.Eng., P.Geol., Principal of BitCan. Shares his Vision
BitCan advocates proactive use of geomechanics to improve reservoir production and safeguard reservoir containment integrity. Nowadays, oil/gas production requires attention to not only fluid phase, but also deformation and fracturing behaviour of the rock matrix. BitCan has innovative technologies to create maximum reservoir stimulation volume and also to create it at target time, space and/or orientation. This creates the pathway for the reservoir fluid to be produced and/or for the stimulating materials to be placed inside the reservoir, contacting the hydrocarbon.In promoting the reservoir deformation and fracturing to our benefits, BitCan also provides a total solution system for designing the maximum injection pressure so that the caprock/casing/fault integrity is not compromised.
BitCan taught a short course to PetroChina’s affiliated companies and institutes: “Workshop on Application of Geomechanics in Improving Reservoir Production and Protecting Reservoir Containment Integrity.”
BitCan gave several lunch-n-learn talks on openhole mini-frac tests, FUSETM technology and joint inversion of comprehensive observation data for subsurface processes. We welcome similar and other forums to promote geomechanics for being used to improve reservoir production and safeguard reservoir containment integrity.
BitCan was the Corporate Sponsor to the SPE Workshop: Caprock Integrity for Thermal Applications, held in Calgary, CANADA, 20-21 September 2016. BitCan also made two presentations: (1) “Mechanical Behavior of Faults in Caprock during SAGD Operation” and (2) “Mathematical Inversion of Monitoring Data as the Ultimate Means to Safeguard the Caprock Integrity”. Interested audience can contact us about these works.
BitCan has pledged in-kind support to a NSERC CRD research program: “Advanced Characterization of Multi-Fractured Horizontal Wells Completed in Western Canadian Tight Formations”. We appreciate the trust and interest by university researchers and industrial partners in BitCan’s expertise. This project was approved for funding in December 2016.