7 research outputs found

    Bio-inspired geotechnical engineering: principles, current work, opportunities and challenges

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    A broad diversity of biological organisms and systems interact with soil in ways that facilitate their growth and survival. These interactions are made possible by strategies that enable organisms to accomplish functions that can be analogous to those required in geotechnical engineering systems. Examples include anchorage in soft and weak ground, penetration into hard and stiff subsurface materials and movement in loose sand. Since the biological strategies have been ‘vetted’ by the process of natural selection, and the functions they accomplish are governed by the same physical laws in both the natural and engineered environments, they represent a unique source of principles and design ideas for addressing geotechnical challenges. Prior to implementation as engineering solutions, however, the differences in spatial and temporal scales and material properties between the biological environment and engineered system must be addressed. Current bio-inspired geotechnics research is addressing topics such as soil excavation and penetration, soil–structure interface shearing, load transfer between foundation and anchorage elements and soils, and mass and thermal transport, having gained inspiration from organisms such as worms, clams, ants, termites, fish, snakes and plant roots. This work highlights the potential benefits to both geotechnical engineering through new or improved solutions and biology through understanding of mechanisms as a result of cross-disciplinary interactions and collaborations

    Application of futures in calculating optimal hedge ratio in crude oil market: Comparison between static and dynamic approaches

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    Futures are used as the most important risk hedge tools to reduce the risk of the crude oil market. The optimal hedging risk strategy is determined by calculating the optimal hedging risk ratio. It is important to determine the relationship between the time series of spot prices and futures in calculating the optimal hedging risk ratio. Therefore, in this paper, the OLS, ECM, DCC GARCH and GARCH models based on Copula are used to calculate and evaluate the optimal hedge ratio of spot market hedging risk to the futures market over the period 2018-2013. The results show that the DCC-GARCH model has the highest optimal hedging risk ratio at 0.805. Considering the percentage of variance reduction, it can be concluded that the dynamic strategies of DCC and copula to models Static hedging risk is more efficient. Also, the time-varying, t-student, gamble, and normal capsules show better performance than the DCC model. Also, among the functions mentioned above, the copula t student function has the best performance

    Geochemical characteristics and oil–oil correlation of the upper Cretaceous oils from the Iranian part of the Persian Gulf Basin

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    Abstract The Cenomanian Sarvak oil reservoirs are distributed over large areas of the Persian Gulf basin. The purpose of this study is analyzing the geochemical characteristics of the Sarvak oil reservoirs and their inter-relationships in the Persian Gulf, classification of the Sarvak oil samples and investigation of the possible causes of the genetic difference in oil families. In the previous studies, limited samples of Sarvak oil reservoir in scarce oilfields were studied individually and local interpretations are made accordingly. The current study employs a more complete set of geochemical from the Iranian part of Persian Gulf and regional interpretations are drawn. To achieve this goal, the geochemical data of 41 oil samples from 10 oilfields were collected and assessed based on gas chromatography (GC), gas chromatography–mass spectrometry (GC–MS), and stable carbon isotope analysis. It was demonstrated with the evaluations that the oils accumulated in the Upper Cretaceous Sarvak reservoirs in the Persian Gulf basin originate from different source rocks. The oil samples are genetically classified into four oil families based on the similarities and differences of parameters related to the depositional environment-dependent parameters using hierarchical cluster analysis (HCA), star diagram, and stable carbon isotope diagram. The source rocks were mainly deposited in anoxic marine carbonate environments. The thermal maturity of the oils was evaluated using steranes and trisnorhopanes. Oil families 2 and 4 (located at the center of the Persian Gulf) have the highest thermal maturity compared to the other samples; in contrast, oil family 1 (located at the west of the Persian Gulf) has the lowest thermal maturity. The possible source rocks of oil family 1 and family 3 (located at eastern Persian Gulf) using C28/C29 steranes are the upper Cretaceous successions; in contrast, the possible source rocks of oil families 2 and 4 are the upper Triassic and Lower Jurassic formations. Results of the study show a high similarity between the oils of families 2 and 4, which are located at the center of the Persian Gulf; these results also recognize the significant difference between these two oil families and oil families 1 and 3. The significant issue raised in this study is to find out the reason for this difference. The structural analysis of the central Persian Gulf shows that huge vertical faults created by salt domes intrusion provided the migration pathways for trapping oil in Sarvak reservoirs. The oils of the Surmeh, Fahliyan, and Dariyan reservoirs have migrated upwards through these faults to be trapped in the Sarvak Formation across the central Persian Gulf
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