Reservoir Management WorkhopRMGT/RMNGT

Who should attend?

  • This course provides a comprehensive overview of various techniques used in the management of an asset, throughout its lifecycle, from discovery to end of production.
Audience :
  • Geoscientists, reservoir engineers, petroleum engineers, asset managers and economists involved in reservoir management and production optimization related activities.

Level : Proficiency

Course Content

  • INTRODUCTION TO RESERVOIR MANAGEMENT

      • Objective of reservoir management.
      • Field development projects: an integrated effort.
  • DECISION PROCESS & BUSINESS ASPECTS

      • Decision making process of field development projects.
      • Fundamentals of petroleum economics and criteria (NPV, IRR…).
  • FUNDAMENTALS OF RESERVOIR CHARACTERIZATION

      • Data gathering, data base, quality control.
      • Reservoir characterization workflow.
      • Reservoir geo-modeling workflow.
  • RESERVES EVALUATION & CLASSIFICATION

      • Review of Oil & Gas reservoirs drive mechanisms and related expected recovery factors.
      • Analogs.
      • Performance analysis:
      • Material balance.
      • Decline curves analysis.
      • Dynamic simulation models.
      • Resources and reserves classification:
      • SPE definitions and principles (PRMS).
      • SEC definitions and guidelines.
  • RISKS & UNCERTAINTIES

      • Introduction to risks and uncertainties:
      • Definitions.
      • Notions of probability and decision trees.
      • Statistical description of data.
      • Various sources of uncertainties:
      • Structural uncertainties.
      • Geological uncertainties.
      • Reservoir uncertainties.
      • Uncertainty assessment techniques.
  • DATA ACQUISITION & RESERVOIR MONITORING FOR IOR/EOR

      • IOR/EOR definitions, facilities, planning and costs.
      • Open hole logging (pressure profile, saturation, porosity…).
      • Cased hole logging (saturation logging, production logging…).
      • 4D seismic.
  • WORKSHOP - CASE STUDY

      • Reservoir exploration through drilling and seismic profiles.
      • Reservoir characterization through PVT data and logs.
      • Reservoir development (number of wells, location…) and profile prediction.
      • Final investment decision based on economical criteria.

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • discuss main concepts of Reservoir Management from geology to hydrocarbon recovery and export point,
  • include each Reservoir Management component within the field development workflow and discuss the importance of timing and cost/benefit analysis,
  • describe and discuss decision making process of field development projects and related economical criteria
  • define and discuss concepts of resources and reserves and their related classification and describe Petroleum Resources Management System (PRMS),
  • describe main reservoirs monitoring techniques allowing to apply IOR/EOR methods and increase recovery,
  • discuss main concepts of risks and uncertainties and their integration into reserves evaluation

Ways & Means

  • Interactive lectures and exercises.
  • Field case study workshop.