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E-504 - Production Accounting & Material Balance

E-504 - Production Accounting & Material Balance

3 days
PROD/BALSH
Sessions
This course is not scheduled.
Who should attend?

Audience

    • Managers, engineers, non-technical staff involved in production reporting or material-balance handling (assessing fee, value created, etc.).

Level

  • Foundation
  • This course provides the fundamental knowledge for understanding production balance, linking relevant operations and production figures which impact issues such as transfer fee, exchange between fields, field use…
Learning Objectives
  • Upon completion of the course, participants will be able to:
  • establish production balance from basic data (well tests, process measurements, fiscal data),
  • explain performance monitoring mechanisms and production reporting tools,
  • assess impact of field operations on material balances,
  • describe accounting and back allocation rules specific to process or production mode.
Course Content

THE PRODUCTION CHAIN FROM THE RESERVOIR TO THE EXPORT POINT

0.5 day

  • Field operations mapping.
  • Nature and characteristics of fluids accounted for.
  • Field processing of well effluent: surface facilities.
  • BFD studies.

MEASURES & METERING SYSTEMS ALONG THE CHAIN

0.5 day

  • Well measurements and production tests.
  • Metering systems and their location in the plant:
  • Technology, accuracy, calibration.
  • “Filter” concept of a metering system.
  • Process metering.
  • Transactional metering.
  • Tank gauging.

LIQUID & GAS BALANCES

1.25 days

  • Production accounting rules.
  • PFD studies of Oil & Gas treatment units.
  • Liquid balances: Oil balance, Condensate balance, LPG balance, Water balance.
  • Gas balances: Dry gas and Wet gas field cases.
  • Case studies:
  • Study of oil and condensate balances.
  • Reconstruction of a natural gas and associated gas balance (Oil & Gas cap ring).
PERFORMANCE MONITORING & PRODUCTION REPORTING 0.25 day

CASE STUDY & PRODUCTION BALANCES RECONSTRUCTION: BACK ALLOCATION, SATELLITE FIELDS, MAIN PRODUCTION CENTERS 0.5 day

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Ways & Means
  • Highly interactive and applied course by industry specialist lecturers.
  • Numerous illustrations and cases studies.