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Production Accounting & Material Balance

Liquid & gas balances - Measures & metering - Production reporting

PMGT/BALSH
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Who should attend?

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

Level : Foundation

Course Content

  • THE PRODUCTION CHAIN FROM THE RESERVOIR TO THE EXPORT POINT

      • 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

      • 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

      • 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

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

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.

Ways & Means

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