D444 Development Planning For Mature Fields (Distance Learning)
Course Facts
- Course Code:
- D444
- Duration:
- 3 days
- Type:
- Virtual Classroom
- CEU:
- 3.2 Continuing Education Units
- PDH:
- 32 Professional Development Hours
- Certificate:
- Certificate Issued Upon Completion
Summary
Business Impact: This course equips participants with the knowledge and decision-making skills to create a robust development plan for mature fields.
This multidisciplinary course is designed to give participants a broad appreciation of the evaluation and planning activities associated with incremental development planning. This course takes groups through a wide range of associated issues, fills any knowledge gaps in the essential technical fundamentals required for mature field development planning and uses a case-based exercise which will run through the whole course.
Duration and Training Method
A virtual classroom course divided into 5 webinar sessions, comprising lectures, discussion, case studies, and practical exercises to be completed by participants during and between sessions.
Participants will learn to:
- Characterise the overall challenges associated with mature field developments.
- Evaluate critical insights from subsurface data and apply this to modelling options and recovery methods.
- Assess associated well data, typical late life issues and drilling and completion options for mature developments.
- Manage the role of risk and uncertainty when making mature field development planning decisions.
- Prepare a strategy and implementation plan.
Mature fields differ from greenfield developments in that major infrastructure is in place, static reservoir data has accumulated from development drilling and a growing volume of production data has become available. Decisions therefore relate to incremental projects, which may be small in scope and are often economically marginal. A firm understanding of the technical fundamentals associated with reservoir, wells and surface facilities is therefore required to make quality decisions in this environment, supported by an understanding of incremental project economics.
Challenges of mature field developments
- Open discussion covering smaller target sizes, costs, efficiencies, perceptions
Mature field development strategies
- What is strategy? The difference between green and brownfield decision making
- Framework (choices, boundaries, selection criteria, framing decisions)
- Evaluation methods
- Workflows, overview of tools
Mature oil fields
- Subsurface: getting insights from data (surveillance mapping), recovery mechanisms, modelling options (analytical, sector, full field), history matching, EOR
- Wells: understanding well data, typical late life issues (flow assurance), drilling and completion options (including workovers)
- Surface: understanding surface data (including allocation), surface options e.g. debottlenecking
Mature gas fields
- Subsurface: insights from data, modelling options, gas condensate issues e.g. condensate banking
- Wells: gas issues e.g. liquid loading
- Surface: gas issues e.g. late life compression
Economics
- Typical economic decision making criteria
- The importance and pitfalls of incremental economics
- Finding the optimal development strategy
Decision making
- Evaluation methods
- Dealing with risk and uncertainty
- Biases in decision making
- How to make the best decision
Implementing and development managing the selected plan
- Building the plan
- Managing the plan when it goes off track
Wrap-up
Who should attend
The course is designed for mid-career subsurface professionals, specifically petroleum engineers and geoscientists who play a part in evaluating, screening and maturing oil and gas field development opportunities in mature fields. Participation would also benefit technical team leaders and managers who want to gain an insight into the challenges, uncertainties and preparations involved in development planning for mature fields.
Prerequisites and linking courses
There are no formal prerequisites for this course. This course is complimentary to other courses in the Nautilus Training Alliance programme focusing more generally on economics and risk including N014 (Petroleum Economics and Risk Analysis).
Click on a name to learn more about the instructor
Mark Bentley
Mark Bentley
Background
Mark has 33 years industry experience, initially as a production geologist with Shell, working in the UK, Oman and the Netherlands and subsequently training and consulting with TRACS. He has spent most of his career working in integrated study teams on a wide variety of reservoir assets. His specialist fields of expertise are 3D reservoir modeling and scenario-based approaches to handling subsurface uncertainty and risk. He publishes widely on the topic and co-authored the reference text 'Reservoir Model Design' with Phil Ringrose.
In addition to his role as Training Director at AGR TRACS, he is also an Associate Professor in the Institute of GeoEnergy Engineering at Heriot-Watt University, holding a Chair in the field of Mature Field Management.
Affiliations and Accreditation
PhD University College of Wales, (Aberystwyth) - Structural Geology
BSc University College of Wales, (Aberystwyth) - Geology
Fellow of the Geological Society, London
Fellow of the Society of Petroleum Engineers
EAGE Member
Courses Taught
N033: Characterisation, Modelling, Simulation and Development Planning in Deepwater Clastic Reservoirs (Tabernas, Spain)
N106: Advanced Reservoir Modelling (Elgin, Scotland)
N310: Carbonate Reservoir Modelling and Field Development Planning (Provence, France)
N356: Production Geoscience (Pembrokeshire, UK)
N386: Reservoir Model Design (Pembrokeshire, UK)
N427: Reservoir Model Design, classroom based
N431: Reservoir Modelling of Deepwater Clastic Systems (Gres d’Annot, SE France)
D427: Reservoir Model Design (Distance Learning)
N444: Development Planning For Mature Fields
Dates for this Course
LOGIN TO BOOK A COURSE
Virtual
- Date:
- 15 Nov. 2021
- Event Code:
- D444a21VC
- Fee:
- GBP £2,245 (Exclusive of tax)
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“ "Very well presented and organized course, covering important topics from strategy to probability, economics and planning in a redevelopment project, and more importantly how to work as a team."”
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