PROGRAM'S BACKGROUND

The technical management of strategic natural resources such as Oil and Gas reservoirs is a challenging responsibility that confronts operating companies, service companies and government authorities. This is achieved by the establishment of effective multidisciplinary teams, at all stages during the life of a field, extending from exploration, through to the later stages of appraisal, development and production operations. This program is designed primarily for those professionals whose responsibilities during their career will include any of these essential phases of Reservoir Management. With the increasing importance of Integrated Reservoir Management, this comprehensive program will provide a unique opportunity for engineers, whose principal expertise may not be in Reservoir Management, but who need to appreciate the key issues which determine the outcome of a successful development.

The principles of sound reservoir management are presented with emphasis on practical applications. Actual case histories are used to study both successes and failures. An interdisciplinary synergistic approach to efficient reservoir management is detailed with the goal of optimized profitability. The significance of each component and the importance of timing and cost/benefit analysis are emphasized. Reservoir management models for optimum field development and field operating plans are analyzed. The interdisciplinary reservoir management approach shows how each technology or function contributes to the plan and how checks and balances are developed.

PROGRAM'S OBJECTIVES

This Program’s Attendees Will Be More Able To:

›       Apply the principles of sound reservoir management

›       Use the interdisciplinary synergistic approach to efficient reservoir management

›       Include each reservoir management component and the importance of timing and cost/benefit analysis

›       Develop checks and balances

›       Develop an understanding of the Fundamentals of Reservoir Engineering, from Geology to Hydrocarbon Recovery

›       Promote, on an international basis, reservoir engineering techniques and best practices relating to the development of oil and gas fields, in order to optimize, technically and economically, company resources and create additional value

›       Learn the techniques of multidisciplinary teams in Reservoir Development, Operations and Planning

›       Have an exposure to a range of reservoir conditions through various case studies 

PROGRAM'S ATTENDEES

›       Upstream Professionals

›       Engineers actively involved with the operation of reservoirs

›       Reservoir Engineers

›       Drilling & Development Engineers & Personnel

›       Petroleum Engineers

›       Production and Operations Engineers

›       Geologists

›       Geophysicists

›       Managers

›       Experienced technicians and service company personnel responsible for improving the performance of petroleum reservoirs and those who need to broaden their technical experience

PROGRAM'S OUTLINE

›       Definition of reservoir management: an integrated, interdisciplinary team effort

›       The need for reservoir management

›       The fundamentals of reservoir management: history, philosophy and recent developments

›       Integration of geosciences and engineering

›       Synergy and team building

›       Styles of organization and formalized processes, such as decision analysis and field development programs

›       Goal setting, planning, implementing, monitoring, and evaluating reservoir performance

›       Best practices; reasons for failure and success in reservoir management

›       Field development and field operating plans to optimize profitability

›       Efficient monitoring of reservoir performance

›       Minimizing drilling of unnecessary wells

›       Wellbore and surface systems

›       Well testing and automated production systems

›       The modern integrated reservoir model, including the contributions of geology, well logs, seismic, geo-statistics, production, laboratory, geo-mechanics and engineering data

›       Obtaining and analyzing data

›       How to manage data

›       Economic impact of operating plans

›       Identifying and acquiring critical data, data acquisition, and analysis

›       Maximizing economic recovery and minimizing capital investment, risk and operating expenses

›       Timing of field implementation of reservoir management plan

›       Oil and gas reservoir performance analysis techniques including production analysis, analogies, correlations, volumetric, decline curves, classical material balance and numerical simulation.

›       Importance of reservoir characterization and drilling and operating plans

›       Primary recovery

›       Pressure maintenance

›       Secondary and tertiary recovery

›       Responsibilities for team members

›       Reservoir management economics and optimization, such as optimum well spacing

›       The effects of risk and how to manage this

›       Secondary and tertiary recovery

›       Fundamentals of water-flooding; immiscible displacement, heterogeneity, flood pattern, and recovery efficiency

›       Enhanced recovery processes thermal, chemical, and miscible

›       How to select the best method

›       Development planning and surveillance techniques

›       Discussion on the reservoir management of the participants

›       Reservoir management case studies and analysis 

ADDITIONAL DETAILS