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The main scope of this research was to develop and apply new methodology for energy prediction during a long-term period, based on the logarithmic relationship between electricity per capita and GDP per capita. This relationship was proven to be valid until 1989. It contains changeable energy and financial indicators and a dynamic rate of growth K, in the form of hyperbolic curves. With a range of slopes from 0.1 to 6, it enables a new economic classification of countries. Further research of this method, called IKoMet, has made the application of this relationship for future periods possible through the deduction of new energy and financial indicators. It was first applied to Italy, by the determination of indicators for a prediction after 1990. The results show that energy growth in the first period was more than ten times faster in comparison to the following period, while financial growth was almost twice as large in the first period. This procedure was also successfully applied for Switzerland, thus it can be concluded that IKoMet could generally be used for long-term energy prediction.

The present work focuses on the determination of absolute permeability in a hydrocarbon reservoir whose pressure is under the bubble point. The simulation of the homogenic reservoir and well with the simultaneous flow of oil and gas is performed using the Eclipse100 software. The main purpose of the simulation is to obtain pressure build-up tests for two simulated reservoir systems, since the well testing technology requires the shut-in period, which increases the costs of the real well production cycle. In the first simulation it is presumed that the well is not damaged, having the skin effect equal to zero, while in the second one, the skin effect of the well in the same reservoir is 9, 44. The aim is to compare the results of the pressure build-up test analysis for both cases. In each case, permeability is firstly calculated using four methods, given by different authors. The theoretical background and the process of obtaining the required results are given for each approach. Results are compared with the permeability as determined by the pressure transient analysis, using the Saphir software, for both the ideal and the damaged well. Differences in results are presented and discussed. Conclusions could be applied to similar real reservoir systems with the multiphase fluid flow in the porous media.

This chapter focuses on risk to the environment from hydraulic fracturing operations, starting with transport of materials and ending when the well is routed to the production facilities. The initial assumption for the fracturing risk analysis is that the well is new and was constructed correctly so that all producible formations are securely isolated behind the barriers of casing and competent cement. The justification for this assumption is that the vast majority of fracturing is the first major stimulation in a well and occurs immediately after completing a new well. Although many well development problems are blamed on fracturing, there are only excluded problems that are real and worthy of the discussion to help define boundaries of the fracturing risk (King, 2012).

Here is given the review of the book „Petroleum Production Engineering“ written by Marin Cikes, Ph. D., a retired Full Professor of the Faculty of Mining, Geology and Petroleum Engineering of the University of Zagreb. The book was published in the year 2015, as a university textbook (Manualia universitatis studiorum Zagrabiensis).