TRAINING RESERVOIR MANAGEMENT AND RESERVE OPTIMIZATION CONCEPT

DESCRIPTION

This course will cover the basic techniques used in modern reservoir management and reservoir reserve optimization concept.  The reservoir management process with data analysis, reservoir dynamic modeling, and production operations will be discussed.  Surface facilities, related project evaluations and economics will be covered.  The class will also cover the general aspects of reservoir monitoring and planning.

OUTLINE COURSE

OVERVIEW 

• Exploration & Exploitation Activity:
  • Basin Assesment & Evaluation
  • Prospect Generation
  • Appraisal
  • Development Plan
  • Reservoir Management Strategy

• Reservoir Life Process
• Reservoir Management Challenges

RESERVOIR MANAGEMENT: PROCESS, CONCEPT & ANALYSIS

• Objective of Reservoir Management
• Reservoir Management Concept
• Reservoir Management Process: Setting Strategy, Development Plan,  Implementing, Monitoring, Evaluating

RESERVOIR MODEL

• Reservoir Management Tools
• The Modeling Process
• Integration of Reservoir Management

RESERVOIR MONITORING

• Data Monitoring & Surveillance
  • Reservoir Data
  • Static Data
  • Fluid & Rock Characteristic
  • Injection/Production Well data
  • Facilities/Operating Condition

• Reservoir Monitoring & Surveillance Program

FINANCIAL MANAGEMENT

• Project Analysis & Evaluation
• Economic Indicator
• Cash Flow
• NPV
• IRR
• POT

RESERVOIR MANAGEMENT APPLICATION

• Phase 1: Reservoir Characterization
• Phase 2: Well Placement & Production Optimization
• Phase 3: Development Plan

RECOMMENDED AUDIENCE

• Reservoir Engineers
• Geoscientists
• Operating personnel and team members.