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Title: Creative New Uses for Prediction Markets.


Abstract not provided.

Publication Date:
Research Org.:
Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)
Sponsoring Org.:
USDOE National Nuclear Security Administration (NNSA)
OSTI Identifier:
Report Number(s):
DOE Contract Number:
Resource Type:
Resource Relation:
Conference: Proposed for presentation at the Complex Adaptive Systems S&T Workshop held July 2, 2013 in Washington, DC.
Country of Publication:
United States

Citation Formats

Boslough, Mark Bruce Elrick. Creative New Uses for Prediction Markets.. United States: N. p., 2012. Web.
Boslough, Mark Bruce Elrick. Creative New Uses for Prediction Markets.. United States.
Boslough, Mark Bruce Elrick. 2012. "Creative New Uses for Prediction Markets.". United States. doi:.
title = {Creative New Uses for Prediction Markets.},
author = {Boslough, Mark Bruce Elrick},
abstractNote = {Abstract not provided.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = 2012,
month = 8

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Please see Document Availability for additional information on obtaining the full-text document. Library patrons may search WorldCat to identify libraries that hold this conference proceeding.

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  • Prediction of interfacial tension (IFT) is essential for modeling many secondary and tertiary oil recovery processes. The parachor method has been widely used to predict IFT. There has been considerable confusion in the literature concerning the parachor method for estimating IFT. The confusion is primarily based upon the lack of clarity concerning the scaling exponent and parachors derived based on this exponent. According to modern physics, the theoretical value of the scaling exponent is 3.88 for all pure substances, although several values may be found in the literature, usually altered to match existing data. This paper addresses: (1) clarification ofmore » the confusion about the scaling exponent, (2) derivation of parachors for pure species occurring in petroleum fluids and oil cuts, and (3) verification of the validity of these derived parachors in IFT prediction of reservoir fluids. We have analyzed experimental data for various compounds and compound mixtures occurring in the petroleum fluids and found that the 3.88 is the unique scaling exponent for pure species inside and outside, to some large extension, of the critical region. Taking 3.88 as a fixed scaling exponent, parachors of 139 crude oil components are back-calculated using surface tension and density data obtained from experiments by previous investigators. These parachors are compared with three selected parachor correlations for IFT predictions of six available crude oil and CO{sub 2} mixtures, and found to be more accurate.« less
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  • Many currently accepted drilling and producing practices cause appreciable formation damage. Major changes in field operations are required to prevent or alleviate this damage. In planning a coordinated attack on formation damage, the Creative Task Force offers a proved approach to bring about desired results. Case histories of major task force projects relating to formation damage are presented. Because of the potential economic impact on the oil and gas business, an all out attack on formation damage should be solidly supported by management of the various oil and gas producers, service companies, drilling contractors, and workover contractors on a worldwidemore » basis. (11 refs.)« less