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ONLINE: Reservoir Management & Monitoring (RES932)
7-11 November 2022
Virtual instructor-led course, Online
2100 EUR + VAT
This course gives you a better understanding of well & reservoir management and provides best practice examples how to manage your reservoir optimally to achieve a higher recovery factor.
15 modules of 1½ hours each, delivered over 5 days
Each day will consist of 3 modules of 1½ hours, incl. a 15 min break.
Emina Buket Ulker
Designed for you, if you are...
A reservoir or petroleum engineer or a geoscientist responsible for the day-to-day management of reservoirs to improve their performance
The course can be given at any level depending on the audience’s experience.
How we build your confidence
Power point presentations
The benefits from attending
By the end of the course you will feel confident in your understanding of:
Awareness of how to increase the asset value
Applying the principles of sound reservoir management: How to plan field development and monitor reservoir performance
Using the interdisciplinary collaboration to efficient reservoir management
The importance of timing and cost vs. benefit analysis
What do we mean by Reservoir Management?
Definition of Reservoir Management (RM)
Concept of RM
RM technology shift
The importance of teamwork
Sources and acquisition of reservoir data
What is new in Reservoir Management?
The 'old' sequential approach
The 'new' integrated / iterative way of RM
The importance of reservoir characterisation
Getting to understand your reservoir
What is important in data acquisition?
Reservoir Management Process
The ultimate objective: Increase the value of assets
Possible targets - optimise / maximise / accelerate production, reduce cost, decrease risks, contingency plans, flexibility
Planning a field development - What are the key elements?
Monitoring well / reservoir performance
Evaluating results by comparison of actual performance against prediction
The Technology Toolkit: Understanding the Reservoir
Static and Dynamic Modelling: Review of available systems, selection on the methodology and software
The importance of technical and technological competency
Integration of geological, geophysical and engineering data
Describing the reservoir: The static model
Describing the reservoir behaviour: The dynamic model and reservoir simulation
Reservoir surveillance: Monitoring performance and analysing the data, QC the reservoir understanding by actual well behaviour
Setting reservoir for predictions
Infill wells / sidetracks - where to drill?
Well production / injection rates?
Maximise value through ultimate recovery and improved recovery
Adding Economic Value (optional)
Techniques to maximise economic recovery, cost vs. benefit, bbl/$
Minimising CAPEX, OPEX and risk
Net cash flow
How timing will affect the value
Project selection and revision
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