46 research outputs found
Comparative studies of surfactant-enhanced-water, WAG and surfactant-enhanced-WAG injections in concurrent development of thin oil rim reservoir
The goal of this paper is the comparative analysis of three injection fluid options: Surfactant-enhanced-Water (SeW), Water Alternating Gas (WAG) and Surfactant-enhanced-WAG (SeWAG). The objectives are to identify the best option with the highest oil and gas displacement efficiency and the best development strategy for optimum recoveries in concurrent development of an oil rim reservoir. The Eclipse simulator was used because of its robust ability in simulating various injection options of an oil rim reservoir in a green field. Four scenarios (base case/no injection, SeW, WAG and SeWAG injections) were simulated under the same conditions to determine injection option with the best displacement efficiency and recoveries of oil and gas. Statistical analysis using Pareto chart was performed for proper identification of the option with the best recoveries. The result showed that SeWAG injection ratio 1:4:2 and injection cycles 56 gave the best recoveries for oil and gas with displacement efficiency of 0.08 and 0.332 respectively, followed by SeW injection with values of 0.073 and 0.331 respectively, while WAG has the least performance. On the Pareto chart, SeWAG simulation result has the highest percentage among the options with the best recoveries of 3.35 MMSTB oil and 16.05 BSCF gas, which is 12.53% and 16.12% of oil and gas in place after 9.6% of oil and 15.1% of gas have been recovered by natural depletion. Hence, this study has shown that two stages of development strategy (combination of natural depletion and SeWAG injection when the reservoir pressure is depleted) give cumulative effect for optimal recoveries in concurrent development of oil rim reservoir
Crude Oil Price Volatility and its Impact on Nigerian Stock Market Performance (1985-2014)
The impact of falling oil prices on stock market and exchange rates differs from country to country, either oil-exporting or oil-importing country. Empirically, previous studies have measured the impact of crude oil price volatility on stock market performance. However, limited studies exist for Nigeria and other oil exporting countries. Thus, this study seeks to fill the gap in existing literature by establishing the nexus between oil price, exchange rate and stock market performance in Nigeria. Using the Ordinary Least Square estimation technique, the basic variables adopted in this study are All Share Index (ASI) which serves as a proxy for market performance, Crude Oil Price (COP) and Exchange Rate (EXR). Annual time series data covering the period of 1985-2014 was used to estimate the model using regression analysis. Based on the Trace statistics result, there exists one co-integrating relationship among All Share Index (ASI), Crude Oil Prices (COP), and Exchange Rate (EXR). The R2 value was 0.505; showing that 50.5% of the variation in stock market performance can be explained by Crude Oil prices and Exchange Rate. The F-statistic value of 2.17 (P<0.05) shows that All Share Index, Crude Oil Prices and Exchange Rate are jointly significant and the Durbin Watson value of 2.22 implies that the model does not suffer from autocorrelation. Also, based on the P-values, Crude Oil Prices was found to be insignificant, which means that fluctuations in oil prices do not directly affect the performance of the stock market. In conclusion, crude oil prices and exchange rate does impact All share index. It is therefore recommended that the Nigerian government should take steps to ensure that Oil companies in Nigeria are listed on the stock market, to have more direct impact on the economy. The novelty of this study is the ability to tell the relationship between crude oil prices and the Nigerian stock exchange. This study will guide government in formulating policies relating to the petroleum industry considering the impact their decisions will have on the economy if the oil companies are listed in the stock market.
Keywords: Oil price, exchange rates, volatility, stock market
JEL Classifications: E3, F31, Q
Uncertainty assessment of onset sand prediction model for reservoir applications
Modeling physical systems in engineering always comes with uncertainties
in terms of the model’s input parameters. These uncertainties are also present
in modeling the onset of sand production, even though considerable effort may be
required in incorporating uncertainties into the process of modeling, because getting
it right will definitely provide important knowledge about the input parameters
for predicting the onset of sanding which provides useful hints that inform apt
decision-making for sand control. In this study, a Monte Carlo simulation of some
parametric input variables alongside the incorporation of the Hoek–Brown material
constants was investigated using a predictive model for sand production anchored
on Hoek–Brown failure criterion, so as to rank some key input uncertainties in order
of the effect their magnitudinal disparities on the model output. The key inputs in
the model are reservoir pressure, rock strength (uniaxial compressive strength,
UCS), minimum horizontal stress, Poisson’s ratio and Hoek–Brown material constants
M and S.
Different diagnostic Tornado and spider plots were generated and interpreted for
two wells and it was observed that the predicted well pressure is most sensitive to
rock strength and generally has an inverse relationship with the rock strength
Motivations for Treatment Engagement in a Residential Substance Use Disorder Treatment Program: A Qualitative Study
Aims: The aim of this study was to explore perspectives on motivations for treatment engagement from substance use disorder (SUD) clients in a long-term residential rehabilitation program. Design and Methods: A convenience sample of 30 clients who were enrolled in a year-long SUD treatment program at a residential rehabilitation facility took part in in-depth interviews. Interview transcripts were analyzed using the directed content analysis approach. Results: Participant accounts indicated that their treatment engagement was motivated by factors that aligned with the six primary constructs of the Health Belief Model: (i) perceived susceptibility (eg, believing that their substance use required intervention and that they were prone to relapse), (ii) perceived severity (eg, substance use negatively impacted their health and harmed their close relationships), (iii) perceived benefits (eg, opportunities for a better life, reconnecting with family members and close friends, & avoiding legal consequences), (iv) perceived barriers (eg, the length of the treatment program), (v) cues to actions (eg, decisive moments, elements of the treatment program, & faith and spirituality), and (vi) self-efficacy in remaining abstinent (eg, treatment program provided them with skills and experiences to maintain long-term sobriety). Discussion: Our analysis indicates that participants’ treatment engagement was linked to their beliefs regarding the severity of their substance use disorder, their treatment program’s ability to help them avoid future relapse, and their own capability to act upon the strategies and resources provided by the treatment program. A theoretical understanding of these aspects can contribute to the future planning of precision interventions
Effect of foam and WAG (water alternating gas) injection on performance of thin oil rim reservoirs
A design of experiment was used to create oil rim models from a wider range of reservoir, operational and
reservoir architecture parameters. A response surface model was generated based on a concurrent oil and gas
production and a Pareto analysis was conducted to ascertain the significance of the parameters. The models were
classified based on the Pareto analysis and due to the low oil recoveries arising from the complexity of oil rims, a
series of secondary injection schemes were instigated. The results from the models indicated an optimum 2 cycle
WAG up dip injection and WAG down dip injection for thin oil rims. Also the results estimated an incremental oil
recovery of 9.2% and 30.1% with respect to base case (no injection) for WAG up dip injection and 10.66% and
6.11% for WAG down dip injection while an incremental recovery of 14.2% and 52.74% for up dip foam injection
and 18.19% and 29.73% incremental oil recovery for foam down dip injection for oil rim model ‘3’ with
large gas cap and large aquifer and model ‘7’ with small gas cap small aquifer respectively. A case study reservoir
from the Niger delta region of Nigeria showed an 8.57% and 8.56% incremental oil recovery for foam up dip and
foam down dip injection and incremental oil recovery of 8.35% and 7.94% for WAG up dip and WAG down dip
injection. This paper will provide useful information as to the extent of oil recovery in different oil rim models
under different foam and WAG injection
R|S Atlas: Identifying Existing Cohort Study Data Resources to Accelerate Epidemiological Research on the Influence of Religion and Spirituality on Human Health
OBJECTIVE: Many studies have documented significant associations between religion and spirituality (R/S) and health, but relatively few prospective analyses exist that can support causal inferences. To date, there has been no systematic analysis of R/S survey items collected in US cohort studies. We conducted a systematic content analysis of all surveys ever fielded in 20 diverse US cohort studies funded by the National Institutes of Health (NIH) to identify all R/S-related items collected from each cohort\u27s baseline survey through 2014.
DESIGN: An R|S Ontology was developed from our systematic content analysis to categorise all R/S survey items identified into key conceptual categories. A systematic literature review was completed for each R/S item to identify any cohort publications involving these items through 2018.
RESULTS: Our content analysis identified 319 R/S survey items, reflecting 213 unique R/S constructs and 50 R|S Ontology categories. 193 of the 319 extant R/S survey items had been analysed in at least one published paper. Using these data, we created the R|S Atlas (https://atlas.mgh.harvard.edu/), a publicly available, online relational database that allows investigators to identify R/S survey items that have been collected by US cohorts, and to further refine searches by other key data available in cohorts that may be necessary for a given study (eg, race/ethnicity, availability of DNA or geocoded data).
CONCLUSIONS: R|S Atlas not only allows researchers to identify available sources of R/S data in cohort studies but will also assist in identifying novel research questions that have yet to be explored within the context of US cohort studies
Population and fertility by age and sex for 195 countries and territories, 1950–2017: a systematic analysis for the Global Burden of Disease Study 2017
Background:
Population estimates underpin demographic and epidemiological research and are used to track progress on numerous international indicators of health and development. To date, internationally available estimates of population and fertility, although useful, have not been produced with transparent and replicable methods and do not use standardised estimates of mortality. We present single-calendar year and single-year of age estimates of fertility and population by sex with standardised and replicable methods.
Methods:
We estimated population in 195 locations by single year of age and single calendar year from 1950 to 2017 with standardised and replicable methods. We based the estimates on the demographic balancing equation, with inputs of fertility, mortality, population, and migration data. Fertility data came from 7817 location-years of vital registration data, 429 surveys reporting complete birth histories, and 977 surveys and censuses reporting summary birth histories. We estimated age-specific fertility rates (ASFRs; the annual number of livebirths to women of a specified age group per 1000 women in that age group) by use of spatiotemporal Gaussian process regression and used the ASFRs to estimate total fertility rates (TFRs; the average number of children a woman would bear if she survived through the end of the reproductive age span [age 10–54 years] and experienced at each age a particular set of ASFRs observed in the year of interest). Because of sparse data, fertility at ages 10–14 years and 50–54 years was estimated from data on fertility in women aged 15–19 years and 45–49 years, through use of linear regression. Age-specific mortality data came from the Global Burden of Diseases, Injuries, and Risk Factors Study (GBD) 2017 estimates. Data on population came from 1257 censuses and 761 population registry location-years and were adjusted for underenumeration and age misreporting with standard demographic methods. Migration was estimated with the GBD Bayesian demographic balancing model, after incorporating information about refugee migration into the model prior. Final population estimates used the cohort-component method of population projection, with inputs of fertility, mortality, and migration data. Population uncertainty was estimated by use of out-of-sample predictive validity testing. With these data, we estimated the trends in population by age and sex and in fertility by age between 1950 and 2017 in 195 countries and territories.
Findings:
From 1950 to 2017, TFRs decreased by 49·4% (95% uncertainty interval [UI] 46·4–52·0). The TFR decreased from 4·7 livebirths (4·5–4·9) to 2·4 livebirths (2·2–2·5), and the ASFR of mothers aged 10–19 years decreased from 37 livebirths (34–40) to 22 livebirths (19–24) per 1000 women. Despite reductions in the TFR, the global population has been increasing by an average of 83·8 million people per year since 1985. The global population increased by 197·2% (193·3–200·8) since 1950, from 2·6 billion (2·5–2·6) to 7·6 billion (7·4–7·9) people in 2017; much of this increase was in the proportion of the global population in south Asia and sub-Saharan Africa. The global annual rate of population growth increased between 1950 and 1964, when it peaked at 2·0%; this rate then remained nearly constant until 1970 and then decreased to 1·1% in 2017. Population growth rates in the southeast Asia, east Asia, and Oceania GBD super-region decreased from 2·5% in 1963 to 0·7% in 2017, whereas in sub-Saharan Africa, population growth rates were almost at the highest reported levels ever in 2017, when they were at 2·7%. The global average age increased from 26·6 years in 1950 to 32·1 years in 2017, and the proportion of the population that is of working age (age 15–64 years) increased from 59·9% to 65·3%. At the national level, the TFR decreased in all countries and territories between 1950 and 2017; in 2017, TFRs ranged from a low of 1·0 livebirths (95% UI 0·9–1·2) in Cyprus to a high of 7·1 livebirths (6·8–7·4) in Niger. The TFR under age 25 years (TFU25; number of livebirths expected by age 25 years for a hypothetical woman who survived the age group and was exposed to current ASFRs) in 2017 ranged from 0·08 livebirths (0·07–0·09) in South Korea to 2·4 livebirths (2·2–2·6) in Niger, and the TFR over age 30 years (TFO30; number of livebirths expected for a hypothetical woman ageing from 30 to 54 years who survived the age group and was exposed to current ASFRs) ranged from a low of 0·3 livebirths (0·3–0·4) in Puerto Rico to a high of 3·1 livebirths (3·0–3·2) in Niger. TFO30 was higher than TFU25 in 145 countries and territories in 2017. 33 countries had a negative population growth rate from 2010 to 2017, most of which were located in central, eastern, and western Europe, whereas population growth rates of more than 2·0% were seen in 33 of 46 countries in sub-Saharan Africa. In 2017, less than 65% of the national population was of working age in 12 of 34 high-income countries, and less than 50% of the national population was of working age in Mali, Chad, and Niger.
Interpretation:
Population trends create demographic dividends and headwinds (ie, economic benefits and detriments) that affect national economies and determine national planning needs. Although TFRs are decreasing, the global population continues to grow as mortality declines, with diverse patterns at the national level and across age groups. To our knowledge, this is the first study to provide transparent and replicable estimates of population and fertility, which can be used to inform decision making and to monitor progress
Global, regional, and national incidence, prevalence, and years lived with disability for 354 diseases and injuries for 195 countries and territories, 1990–2017: A systematic analysis for the Global Burden of Disease Study 2017
Background: The Global Burden of Diseases, Injuries, and Risk Factors Study 2017 (GBD 2017) includes a comprehensive assessment of incidence, prevalence, and years lived with disability (YLDs) for 354 causes in 195 countries and territories from 1990 to 2017. Previous GBD studies have shown how the decline of mortality rates from 1990 to 2016 has led to an increase in life expectancy, an ageing global population, and an expansion of the non-fatal burden of disease and injury. These studies have also shown how a substantial portion of the world's population experiences non-fatal health loss with considerable heterogeneity among different causes, locations, ages, and sexes. Ongoing objectives of the GBD study include increasing the level of estimation detail, improving analytical strategies, and increasing the amount of high-quality data. Methods: We estimated incidence and prevalence for 354 diseases and injuries and 3484 sequelae. We used an updated and extensive body of literature studies, survey data, surveillance data, inpatient admission records, outpatient visit records, and health insurance claims, and additionally used results from cause of death models to inform estimates using a total of 68 781 data sources. Newly available clinical data from India, Iran, Japan, Jordan, Nepal, China, Brazil, Norway, and Italy were incorporated, as well as updated claims data from the USA and new claims data from Taiwan (province of China) and Singapore. We used DisMod-MR 2.1, a Bayesian meta-regression tool, as the main method of estimation, ensuring consistency between rates of incidence, prevalence, remission, and cause of death for each condition. YLDs were estimated as the product of a prevalence estimate and a disability weight for health states of each mutually exclusive sequela, adjusted for comorbidity. We updated the Socio-demographic Index (SDI), a summary development indicator of income per capita, years of schooling, and total fertility rate. Additionally, we calculated differences between male and female YLDs to identify divergent trends across sexes. GBD 2017 complies with the Guidelines for Accurate and Transparent Health Estimates Reporting. Findings: Globally, for females, the causes with the greatest age-standardised prevalence were oral disorders, headache disorders, and haemoglobinopathies and haemolytic anaemias in both 1990 and 2017. For males, the causes with the greatest age-standardised prevalence were oral disorders, headache disorders, and tuberculosis including latent tuberculosis infection in both 1990 and 2017. In terms of YLDs, low back pain, headache disorders, and dietary iron deficiency were the leading Level 3 causes of YLD counts in 1990, whereas low back pain, headache disorders, and depressive disorders were the leading causes in 2017 for both sexes combined. All-cause age-standardised YLD rates decreased by 3·9% (95% uncertainty interval [UI] 3·1-4·6) from 1990 to 2017; however, the all-age YLD rate increased by 7·2% (6·0-8·4) while the total sum of global YLDs increased from 562 million (421-723) to 853 million (642-1100). The increases for males and females were similar, with increases in all-age YLD rates of 7·9% (6·6-9·2) for males and 6·5% (5·4-7·7) for females. We found significant differences between males and females in terms of age-standardised prevalence estimates for multiple causes. The causes with the greatest relative differences between sexes in 2017 included substance use disorders (3018 cases [95% UI 2782-3252] per 100 000 in males vs 1400 [1279-1524] per 100 000 in females), transport injuries (3322 [3082-3583] vs 2336 [2154-2535]), and self-harm and interpersonal violence (3265 [2943-3630] vs 5643 [5057-6302]). Interpretation: Global all-cause age-standardised YLD rates have improved only slightly over a period spanning nearly three decades. However, the magnitude of the non-fatal disease burden has expanded globally, with increasing numbers of people who have a wide spectrum of conditions. A subset of conditions has remained globally pervasive since 1990, whereas other conditions have displayed more dynamic trends, with different ages, sexes, and geographies across the globe experiencing varying burdens and trends of health loss. This study emphasises how global improvements in premature mortality for select conditions have led to older populations with complex and potentially expensive diseases, yet also highlights global achievements in certain domains of disease and injury