HOME
 

New Opportunities in Old Fields - NOF - In House Training

PetroSkills
Course summary
5 days
Worldwide
Next available date: Enquire for details - Worldwide
Corporate Training for Teams

Course description

New Opportunities in Old Fields - In-house training by PetroSkills

This course can be conducted on site at your location exclusively for your staff. Don't buy or sell a producing property before taking this course! There is nearly always "upside" in mature oil and gas fields that may be particularly profitable because of existing wells and infrastructure. The keys to successful exploitation of new opportunities include 1) recognition of the new opportunities, 2) quantification of the reserves, 3) evaluation of alternative methods of exploitation, and 4) economic analysis of depletion scenarios. Case studies and class problems address each of these key items and illustrate how new opportunities can be recognized and evaluated for many different types of oil and gas reservoirs. The computer-based problems will provide the delegate with utility programs and solution templates that can be used in the "real world". One personal computer is provided, at additional cost, for each two participants. Appendix Topics: additional information for student reference or class review as appropriate, including decline curve analysis, rock & fluid properties, material balance, fluid displacement & coning, and reservoir simulation

Find out more

Outcome / Qualification etc.

This in-house training course has the following outcomes:
  • Recognize production and reservoir characteristics of old fields that indicate the potential for increasing reserves and value
  • Understand whether existing recovery factors are consistent with those than can be realized with effective utilization of the natural drive mechanism(s) and the appropriate use of improved recovery methods
  • Identify under-performing wells or field areas and recommend appropriate intervention
  • Determine the "upside potential" of a field, distinguishing between incremental reserves and reserve acceleration
  • Examine alternative re-development strategies by studying case histories and working example industry problems

Training Course Content

This in-house training programme can be customised to meet your specific requirements. It typically covers:

  • Why Opportunities Emerge: nature of reserves growth; operating practices and their effect on new opportunities; the contribution of evolving technology
  • Recognizing Opportunities: reservoir characteristics and production performance indicative of new opportunities, unraveling limited data, linking operator practices to new opportunities
  • Reserves versus Upside Potential: review of reserve classification, risk assessment, value of new information, data quality control and integration
  • Reservoir Heterogeneity & New Opportunities: categories of heterogeneity and their implications for new opportunities, reservoir compartmentalization, application of 3D seismic in "old fields", identification of "net pay", fractured reservoirs
  • Exploitation Opportunities: reservoir enhancement through fluid injection, redevelopment of mature waterfloods, infill drilling, its utility, application, and value; horizontal and multilateral wells including their use in displacement projects, re-completions in stratified reservoirs, de-bottlenecking gathering systems, produced water management, co-production of water for improved recovery

See detailed overview

About provider

PetroSkills - Oil & Gas Training Courses

PetroSkills was founded in 2001 as an alliance between BP, Shell and OGCI, aiming to accomplish a mission of vital importance for the future of the Oil & Gas industry. PetroSkills provide high quality professional training and courses that are...


Read more and show all courses with this provider

Contact info

PetroSkills

Tulsa

 Show phone number
www.petroskills.com

U.K. L&D Report: 2018 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in findcourses.co.uk's first annual U.K. L&D Report!

UK L&D Report

Learn more

 
Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

 
Find more courses here