Course Description:

The modern team approach to reservoir characterization describes productive zones more reliably through the integration of disciplines, technology and data. Increase your proven reserves, discover by-passed pay, reduce development time and costs, improve production rates, and rejuvenate old fields through the skills learned in this course. The models developed during the course are based on the application of state-of-the-art technical applications within the framework of a multi-disciplinary team approach.

This course illustrates the reservoir characterization process so that each member of the RC team and each of its customers (other departments and management) can appreciate the resulting interpretations and may even contribute to building the RC model.

Course Goal:

The course is process-based and focuses upon understanding the applicability of the measurements and interpretations from the participant’s discipline to other adjacent disciplines Understanding information from other disciplines and the uncertainties and risks involved in its gathering/interpretation Awareness of the latest technologies and working principles evolving on the “cutting edge” of the industry Managing a large complex project to solve business problems in the most efficient manner

Course Objectives:

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

1. Know how to develop an integrated multi-disciplinary reservoir model that determines the internal and external geometry of the reservoir, distribution of reservoir properties (static model) and flow within the reservoir (dynamic model)
2. Know how to predict local variations within the reservoir
3. Predict of future reservoir performance of field
4. Know how to formulate a plan for the development of the field throughout its life
5. Know how to convert data from one discipline to another
6. Calibrate seismic data to the reservoir model
7. Facilitate management decisions concerning the property, financial requirements, staffing needs and expenditures
8. Know how to make the reservoir characterization team work together more efficiently

Course Outlines:

1. Defining The Business Purpose:  Clarifying The Problem, Negotiating Deliverables, Project Management in Microsoft Project Format
2. Data for Reservoir Characterization: Sources, Scale of The Data/Extrapolation to Other Areas, Acquisition Planning, Cross-Disciplinary Applications/Integration; Quality/Error Minimization, Data Management
3. Geostatistics in Reservoir Characterization: Applicable Techniques, Data Viability and Applicability, Multiple Working Models, Ranking of Models With Multi-Source Data
4. Reservoir Models: Sequence Stratigraphic, Geological, Geophysical, Reservoir Engineering, Flow Unit, Preliminary Production
5. Economics and Risking: Volumetrics, Probability of Success, Financial Returns of Project
6. Organizational Structure: Team Styles, Team Communications
7. Assessment and Evaluation:  The Holistic Reservoir Characterization Model

Who Can Benefit?

Geologists, geophysicists, reservoir engineers, production engineers, petrophysicists, exploration and production managers, team leaders, and research scientists