Reservoir Management Workshop

RMNGT-EN-P

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.
Public :
  • 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 MAKING PROCESS & BUSINESS ASPECTS

      • Decision making process of field development projects.
      • Fundamentals of petroleum economics and economic criteria (NPV, IRR…).
  • RESOURCES & RESERVES DEFINITIONS & CLASSIFICATION

      • SPE-PRMS definitions and guidelines.
      • SEC definitions and guidelines.
  • RESERVOIR CHARACTERIZATION & ACCUMULATIONS EVALUATION

      • Data gathering, data base, quality control.
      • Reservoir characterization and geomodeling workflow.
      • Evaluation of oil and gas accumulations.
  • RESERVES EVALUATION

      • Review of Oil & Gas reservoirs drive mechanisms and related expected recovery factors.
      • Review of methods for estimating recovery:
      • Analogs.
      • Performance analysis: material balance, decline curves analysis, dynamic reservoir simulation.
      • Analogs.
      • Performance analysis:
      • Material balance.
      • Decline curves analysis.
      • Dynamic reservoir simulation models
  • DATA ACQUISITION & RESERVOIR MONITORING FOR IOR/EOR

      • IOR/EOR definitions, facilities, planning and costs.
      • Cased Hole Logging (saturation logging, production logging…).
      • 4D Seismic.
  • RISKS & UNCERTAINTIES

      • Introduction to risks and uncertainties:
      • Concepts of risks and uncertainties.
      • Notions of probability and probability density functions.
      • Decision trees.
      • Sources of uncertainties:
      • Structural uncertainties.
      • Geological uncertainties.
      • Reservoir uncertainties.
      • Uncertainty assessment techniques.
      • Monte-Carlo simulation.
      • Experimental design and response surface methodology.
  • 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 analysis.

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),
  • discuss main resources and reserves evaluation techniques
  • 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.
To French entities : IFP Training is QUALIOPI certified ; you may contact your OPCO about potential funding.
Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com.