New Opportunities in Old Fields
Description :
The keys to
successful exploitation of new opportunities include : recognition of the new
opportunities; quantification of the reserves; evaluation of alternative
methods of exploitation; 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. There is nearly always ‘upside’ in mature oil and gas
fields that may be particularly profitable because of existing wells and
infrastructure.
Outline :
o
Why Opportunities
Emerge: nature of reserves growth; operating
practices and their effect on new opportunities; the contribution of evolving
technology
o
Recognizing
Opportunities: reservoir characteristics and
production performance indicative of new opportunities, unraveling limited
data, linking operator practices to new opportunities
o
Reserves versus
Upside Potential: review of reserve classification,
risk assessment, value of new information, data quality control and integration
o
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
o
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
Who
should attend :
Reservoir
and production engineers, development geoscientists, asset team leaders,
acquisition & divestiture managers, and other technical personnel involved
in evaluation and exploitation of reserves in mature fields
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