Erath, Louisiana

A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust.

Reservoirs are broadly classified as conventional and unconventional reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods.

In the oil and gas industry, reservoir modeling involves the construction of a computer model of a petroleum reservoir, for the purposes of improving estimation of reserves and making decisions regarding the development of the field, predicting future production, placing additional wells and evaluating alternative reservoir management scenarios.

A reservoir model represents the physical space of the reservoir by an array of discrete cells, delineated by a grid which may be regular or irregular. The array of cells is usually three-dimensional, although 1D and 2D models are sometimes used. Values for attributes such as porosity, permeability and water saturation are associated with each cell. The value of each attribute is implicitly deemed to apply uniformly throughout the volume of the reservoir represented by the cell.

Directional drilling (or slant drilling) is the practice of drilling non-vertical bores. It can be broken down into four main groups: oilfield directional drilling, utility installation directional drilling, directional boring (horizontal directional drilling - HDD), and surface in seam (SIS), which horizontally intersects a vertical bore target to extract coal bed methane.

A geological map or geologic map is a special-purpose map made to show various geological features. Rock units or geologic strata are shown by color or symbols. Bedding planes and structural features such as faults, folds, are shown with strike and dip or trend and plunge symbols which give three-dimensional orientations features. Geological mapping is an interpretive process involving multiple types of information, from analytical data to personal observation, all synthesized and recorded by the geologist. Geologic observations have traditionally been recorded on paper, whether on standardized note cards, in a notebook, or on a map.

Stratigraphic contour lines may be used to illustrate the surface of a selected stratum illustrating the subsurface topographic trends of the strata. Isopach maps detail the variations in thickness of stratigraphic units. It is not always possible to properly show this when the strata are extremely fractured, mixed, in some discontinuities, or where they are otherwise disturbed.

Geological modelling, geologic modelling or geomodelling is the applied science of creating computerized representations of portions of the Earth's crust based on geophysical and geological observations made on and below the Earth surface. A geomodel is the numerical equivalent of a three-dimensional geological map complemented by a description of physical quantities in the domain of interest.Geomodelling is related to the concept of Shared Earth Model; which is a multidisciplinary, interoperable and updatable knowledge base about the subsurface.

Geomodelling is commonly used for managing natural resources, identifying natural hazards, and quantifying geological processes, with main applications to oil and gas fields, groundwater aquifers and ore deposits. For example, in the oil and gas industry, realistic geological models are required as input to reservoir simulator programs, which predict the behavior of the rocks under various hydrocarbon recovery scenarios. A reservoir can only be developed and produced once; therefore, making a mistake by selecting a site with poor conditions for development is tragic and wasteful. Using geological models and reservoir simulation allows reservoir engineers to identify which recovery options offer the safest and most economic, efficient, and effective development plan for a particular reservoir.

The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. Due to its importance, it lends its name to the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX) and the OTC swaps traded on Intercontinental Exchange (ICE).

It interconnects with nine interstate and four intrastate pipelines: Acadian, Columbia Gulf Transmission, Gulf South Pipeline, Bridgeline, NGPL, Sea Robin, Southern Natural Pipeline, Texas Gas Transmission, Transcontinental Pipeline, Trunkline Pipeline, Jefferson Island, and Sabine. The two compressor stations can compress 520,000 decatherm/d (6.3 GW). The transportation capacity is 1.8 billion ft/d (bcf) (590 m/s) (20.4 GW).

Reservoir engineering is a branch of petroleum engineering that applies scientific principles to the fluid flow through a porous medium during the development and production of oil and gas reservoirs so as to obtain a high economic recovery. The working tools of the reservoir engineer are subsurface geology, applied mathematics, and the basic laws of physics and chemistry governing the behavior of liquid and vapor phases of crude oil, natural gas, and water in reservoir rock. Of particular interest to reservoir engineers is generating accurate reserves estimates for use in financial reporting to the SEC and other regulatory bodies. Other job responsibilities include numerical reservoir modeling, production forecasting, well testing, well drilling and workover planning, economic modeling, and PVT analysis of reservoir fluids. Reservoir engineers also play a critical role in field development planning, recommending appropriate and cost-effective reservoir depletion schemes such as waterflooding or gas injection to maximize hydrocarbon recovery. Due to legislative changes in many hydrocarbon-producing countries, they are also involved in the design and implementation of carbon sequestration projects in order to minimise the emission of greenhouse gases.