Integrated reservoir management training course – 5 days
Suitable for: Petroleum and Reservoir Engineers and some experienced Geo-Scientists responsible for the day-to-day management of reservoirs.
The course provides a good understanding of the concepts and tools that can contribute to improving reservoir management by making it a multi-disciplinary process. It will give participants:
- Awareness of how to increase the value of a hydrocarbon asset.
- Knowledge of how to plan field developments and monitor reservoir performance.
- An introduction to the technology and techniques involved in reservoir characterisation, simulation and surveillance.
Course Outline:
The specific content of the course can be tailored to meet the needs of the attendees. This is an outline of the typical course:
Introduction to “Reservoir Management”
- What do we mean by reservoir management
- The sources and acquisition of reservoir data
- The “old” sequential approach
- The “new” integrated/ iterative way of reservoir management
- The primary importance of reservoir characterisation
The Reservoir Management Process
- The objective – increasing the value of a hydrocarbon asset
- Possible targets – decreased risk, greater and earlier production, reduced costs, added flexibility
- Planning field developments
- Monitoring reservoir performance
- Evaluating results by comparisons of actual performance with prediction
Understanding the Reservoir – the Technology Toolkit
- Review of popular systems for static and dynamic reservoir modeling
- The importance of applying the technology competently
- Integration of geological, geophysical and engineering data
- Reservoir characterization, describing the reservoir – the static model with static data
- Reservoir simulation, describing the reservoir’s behaviour – the dynamic model with dynamic data
- Reservoir surveillance – monitoring performance and analysing the data
Adding Economic Value
- Techniques to maximize economic recovery
- Minimising capital investment, operating costs and risk
- Economic impact of changes to operating plans
- How timing affects value