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 :Awareness
Prerequisite :
Degree in geoscience or reservoir engineering.
Course Content
INTRODUCTION TO RESERVOIR MANAGEMENT
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Duration : 0.25 Day
Objective of reservoir management.
Field development projects: an integrated effort.
DECISION MAKING PROCESS & BUSINESS ASPECTS
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Duration : 0.5 Day
Decision making process of field development projects.
Fundamentals of petroleum economics and economic criteria (NPV, IRR…).
RESERVOIR CHARACTERIZATION & ACCUMULATIONS EVALUATION
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Duration : 0.5 Day
Data gathering, data base, quality control.
Reservoir characterization and geomodeling workflow.
Evaluation of Oil & Gas accumulations.
RESERVES EVALUATION
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Duration : 0.5 Day
Review of Oil & Gas reservoirs production mechanisms and related expected recovery factors.
Review of methods for estimating recovery:
Analogs.
Material balance.
Decline curves analysis.
Dynamic reservoir simulation.
DATA ACQUISITION & RESERVOIR MONITORING FOR IOR/EOR
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Duration : 0.5 Day
IOR/EOR definitions, facilities, planning and costs.
Cased hole logging (saturation logging, production logging…).
4D Seismic.
RISKS & UNCERTAINTIES
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Duration : 0.5 Day
Introduction to risks and uncertainties:
Definitions. Notions of probability and of probability density function.
Decision trees.
Sources of uncertainties:
Structural uncertainties.
Geological uncertainties.
Reservoir uncertainties.
Uncertainty assessment techniques:
Monte-Carlo simulation.
Experimental design and response surface methodology.
Learning Objectives
Attendees will be able to implement the following skills:
Include each reservoir management component within the field development workflow and discuss the importance of timing and cost/benefit analysis,
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.
More
Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.
To French entities : IFP Training is referenced to DataDock ; 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
IFPT Account
