Reservoir Management

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.

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.

Objectives:

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

Outlines:

  • Definition of Reservoir Management: an Integrated, Interdisciplinary Team Effort
  • Goal Setting, Planning, Implementing, Monitoring, and Evaluating Reservoir Performance
  • Field Development and Field Operating Plans to Optimize Profitability
  • Efficient Monitoring of Reservoir Performance
  • Minimizing Drilling of Unnecessary Wells
  • Wellbore and Surface Systems
  • Well Testing and Automated Production Systems
  • Economic Impact of Operating Plans
  • Identifying and Acquiring Critical Data, Data Acquisition, and Analysis
  • Maximizing Economic Recovery and Minimizing Capital Investment, Risk and Operating Expenses
  • Timing of Field Implementation of Reservoir Management Plan
  • Case Histories and Analysis
  • Importance of Reservoir Characterization and Drilling and Operating Plans
  • Primary Recovery, Pressure Maintenance, and Secondary and Tertiary Recovery
  • 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