Proactive Geomechanics to Improve Reservoir Production and Safeguard Reservoir Containment Integrity – 2017 President’s message – Principal of BitCan. Share his vision>>

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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.

Lunch-N-Learn Talks

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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

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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.

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