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Seminars

An Overview of Reservoir Management Concepts & Monitoring Techniques



Introduction:


The principles of sound reservoir management are presented with emphasis on practical applications. Actual case histories are used to study both successes and failures. An interdisciplinary synergistic approach to efficient reservoir management is detailed with the goal of optimized profitability. The significance of each component and the importance of timing and cost/benefit analysis are emphasized. Reservoir management models for optimum field development and field operating plans are analyzed. The interdisciplinary reservoir management approach shows how each technology or function contributes to the plan and how checks and balances are developed. This course provides a comprehensive overview of techniques used in the management of an asset, throughout its lifetime, from the discovery of a reservoir till the end of production.

Course Objectives:


By the end of this course, delegates 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 workflow and discuss the importance of timing and cost/benefit analysis
  • List techniques and best practices related to the development of oil & gas fields including economic aspects
  • Describe petroleum resources management system (PRMS), reserves and resources definition and classifications
  • Describe main monitoring techniques in order to apply IOR and EOR methods during reservoir life
  • Discuss integrating risks and uncertainties into reserves evaluation: static uncertainties, dynamic uncertainties, geostochastic modelling, etc.
  • Use the interdisciplinary synergistic approach leading to efficient reservoir management

Who Should Attend?


Geologists, Geophysicists, Reservoir Engineers, Production Engineers, Petrophysicists, Petroleum Engineers, Drilling Engineers, Field Development Engineers, Managers, Asset Managers, Oil & Gas Engineers, Reservoir Operators, Surveillance Engineers, Technicians, Engineering Trainees, Technical Managers, Technical Assistants, Technicians, Chemists, Physicists, Technical Supervisors, Service Company Personnel responsible for improving the performance of petroleum reservoirs

Course Outline:


Introduction to Reservoir Management

  • Objectives of reservoir management
  • Field development projects: an integrated effort

 

Decision Process & Business Aspects

  • Development decision process
  • Project economics (NPV, IRR,)

 

Reservoir characterization - Reminders

  • Data gathering, data base, quality control
  • Reservoir characterization workflow
  • Reservoir geo-modeling workflow

 

Reserves Classification & Evaluation

  • SPE definitions and principles (PRMS)
  • SEC definitions and guidelines
  • Reserve estimation and production profile tools
  • Analogue methods
  • Performance analysis (material balance, decline curves analysis)
  • Simulation models

 

Reservoir Monitoring & Data Acquisition for IOR/EOR

  • Definitions, facilities, planning & costs
  • IOR and EOR definitions
  • Open hole logging pressure profile, saturation, porosity, etc.
  • Cased hole logging CBL, saturation monitoring, etc.
  • 4D Seismic

 

Risks & Uncertainties

  • Introduction to risks and uncertainties
  • Definitions
  • Notions of probability and decision trees
  • Statistical description of data
  • Geophysical uncertainties
  • Geological uncertainties
  • Reservoir uncertainties
  • Notions of geostatistics and stochastic modeling
  • Uncertainty assessment techniques

COURSE LOCATIONS

Code From To City Fee
RE25 06 Jan 2020 10 Jan 2020 London US$ 5000 Book
RE25 23 Mar 2020 27 Mar 2020 Istanbul US$ 4500 Book
RE25 18 May 2020 22 May 2020 Barcelona US$ 5500 Book
RE25 27 Jul 2020 31 Jul 2020 Kuala Lumpur US$ 4500 Book
RE25 14 Sep 2020 18 Sep 2020 Bali US$ 5500 Book
RE25 16 Nov 2020 20 Nov 2020 New Delhi US$ 6000 Book


DUBAI OFFICE

Ittihad Deira Building,
Al Ittihad Rd, Deira
Dubai,
UAE

info@petrogas-training.com

USA OFFICE

642 E14 Street,
10009-13 Manhattan,
New York (NY)
USA

info@petrogas-training.com

EGYPT OFFICE

52 General Kamal Hejab Street,
Suez Bridge,
Cairo,
Egypt

info@petrogas-training.com
 

COURSE CERTIFICATE

Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.


TRAINING HOURS

Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.


TRAINING METHODOLOGY

We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.


ASSESSMENT & EVALUATION

Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.


ORGANIZATIONAL IMPACT

A- Have staff trained in the latest training and development approaches

B- Support nationalization and talent management initiatives

C- Have properly trained and informed people who will be able to add value

D- Gain relevant technical knowledge, skills and competencies


PERSONAL IMPACT

A- Develop job related skills

B- Develop personal skills in subject matter

C- Have a record of your growth and learning results

D- Bring proof of your progress back to your organization

F- Become competent, effective and productive

G- Be more able to make sound decisions

H- Be more effective in day to day work by mastering job-related processes

I- Create and develop competency to perform job well


FREQUENT NOMINATIONS SCHEME

A- 10% discount after 05 candidates’ registration.

B- 15% discount after 10 candidates’ registration.    

C- 20% discount after 20 candidates’ registration.

D- 25% discount after 25 candidates’ registration.

E- 30% discount after 30 candidates’ registration

F- Higher discount rates will be offered based on work volume with different clients.  


SEVERAL NOMINATIONS ON THE SAME COURSE SCHEME

A- One extra free seat is offered on 4 candidates on the same course and dates.

B- Two extra free seats are offered on 6 candidates on the same course and dates.

C- Three extra free seats are offered on 8 candidates on the same course and dates.

D- Four extra free seats are offered on 10 candidates on the same course and dates.

E- Five extra free seats are offered on 12 candidates on the same course and dates.


REGISTRATION POLICY

Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s). 


CANCELLATION POLICY

If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.


PAYMENT POLICY

Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.


COPYRIGHT

© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.