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Reservoir Management & Monitoring (RES32)

    In-House Request or Enquiry

    Description

    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.
    Everyday there will be a real field data example either to be solved with software (if available) or analytically.

    Course Duration: 5 days
    Course Level: Skill
    Instructor: 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
    • Interactive exercises
    • Practical exercises on real field data to be solved with software (if available) or analytically
    • Q&A

    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

    Topics

    What do we mean by 'Reservoir Management'?
    • Course objectives
    • 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

    Reservoir Characterisation
    • The importance of reservoir characterisation
    • Knowledge check Q&A
    • 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
    • Probabilistic vs. deterministic reservoir modelling: Event solution
    • Fluid characterisation: PVT modelling
    • 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?

    Recovery Methods
    • Maximise value through ultimate recovery and improved recovery

    Well Management
    • Production Optimisation Using Nodal Analysis Approach

    Adding Economic Value
    • Techniques to maximise economic recovery, cost vs. benefit, bbl/$
    • Minimising CAPEX, OPEX and risk
    • Net cash flow
    • How timing will affect the value
    • Investment decision
    • Project selection and revision

    Practical Exercises
    Everyday there will be a real field data example either to be solved with software (if available) or analytically.

    Related Courses

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    HOT Engineering GmbH   Tel: +43 3842 43 0 53-0   Fax +43 3842 43 0 53-1   hot@hoteng.com