The course emphasizes the significance of the reservoir management principles; using multidisciplinary synergy and team efforts, to make sound decisions. The various tools needed for everyday decision-making are provided: How to plan data acquisition programs? What kind of data is needed? How to characterize various reservoirs, by a better understanding of geology, rock/fluid properties, reservoir drives, and Expected Ultimate Recoveries (EUR). How to use the data as a reservoir management tool? How to increase ultimate recovery & projects’ NPV’s? The theory and practical concepts of reservoir management are explained through numerous interesting real-life case studies throughout the course. Prepare field development and depletion strategy (primary and EOR recoveries) with emphasis on the bottom line results, including economic and risk assessment. The course hand-out, which is an excellent reference, will be provided.
After completing this course, participants will
- how to geological and engineering, regulatory rules risks and uncertainties, further learn how to effectively apply the process of reservoir management.
- Have how to integrate the technical and financial knowledge to ensure the highest NPV is achieved.
- Get familiar with available technology and techniques such as waterflooding, EOR . and Hz well applications
Feb 5-7, 2024