Course Description:

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.

Course Goal:

To enhance the participants’ knowledge, skills, and abilities necessary to have a higher level of understanding of reservoir management models and approach mainly through practical applications.

Course Objectives:

By the end of this course, the participant will be able to:

1. Apply the principles of sound reservoir management
2. Use the interdisciplinary synergistic approach to efficient reservoir management
3. Include each reservoir management component and the importance of timing and cost/benefit analysis
4. Develop checks and balances

Course Outlines:

1. Definition of Reservoir Management: an Integrated, Interdisciplinary Team Effort
2. Goal Setting, Planning, Implementing, Monitoring, and Evaluating Reservoir Performance
3. Field Development and Field Operating Plans to Optimize Profitability
4. Efficient Monitoring of Reservoir Performance
5. Minimizing Drilling of Unnecessary Wells
6. Wellbore and Surface Systems
7. Well Testing and Automated Production Systems
8. Economic Impact of Operating Plans
9. Identifying and Acquiring Critical Data, Data Acquisition, and Analysis
10. Maximizing Economic Recovery and Minimizing Capital Investment, Risk and Operating Expenses
11. Timing of Field Implementation of Reservoir Management Plan
12. Case Histories and Analysis
13. Importance of Reservoir Characterization and Drilling and Operating Plans
14. Primary Recovery, Pressure Maintenance, and Secondary and Tertiary Recovery
15. Responsibilities for Team Members

Who Can Benefit?

Reservoir, production and operations engineers; geologists; geophysicists; managers; experienced technicians; and service company personnel responsible for improving the performance of petroleum reservoirs