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.
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.
By the end of this course, the participant will be able to:
Apply the principles of sound reservoir management
Use the interdisciplinary synergistic approach to efficient reservoir management
Include each reservoir management component and the importance of timing and cost/benefit analysis
Develop checks and balances
Reservoir, production and operations engineers; geologists; geophysicists; managers; experienced technicians; and service company personnel responsible for improving the performance of petroleum reservoirs
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