Short Course
Description
This course is designed to compare the economics of different artificial lift methods. Artificial lift is an important element for boosting or sustaining oil and gas production from many assets all over the world. The selection of proper artificial lift method for a hydrocarbon producing asset is very challenging, considering the various factors that come into play. Economics will play a key role in the method of artificial lift selected for the asset. In this course we will explore ways of optimising the costs of operating the asset with special emphasis on the artificial lift method used.
Course Objectives
- Become familiar with various types of artificial lift methods and their applications
- Understanding the economic elements of the AL methods
- Become familiar with the factors to be considered for selecting the right AL method
- Comparing the economics of various AL methods
- Become familiar with various contracting strategies
- Identify methods for win-win solutions while dealing with service companies
Course Content
- Evaluation criteria used for the selection of artificial lift method
- Infrastructure considerations - back up provisions for alternate lift methods
- Different contracting methods between service companies and operators
- Managing contracts with suppliers
- Sustaining efficient operations with oil price fluctuations
- Should and when to switch to alternate artificial lift method
- Asset based optimisation approach for artificial lifts
Intended Audience
This course is designed for petroleum engineers, reservoir engineers, production technologists, contracts engineers, production operations and engineering managers and financial analysts dealing with hydrocarbon production and artificial lift operations.
Course Duration
One day
Seminar Instructors
Manickavasakan S. Nadar is a petroleum engineering consultant specialising in production engineering, artificial lift and asset optimisation and is based in the Middle East. He has worked in various capacities in the upstream industry with major operators and service companies for the past 25 years. Specialising in system design, modelling, operation, optimisation and trouble shooting in gas lift and ESP operations, Mr. Nadar has worked in production operations, production engineering, artificial lift engineering in many fields, both onshore and offshore, and has led asset optimisation teams. He is also an expert in asset optimisation and the use of modelling tools for integrated asset optimisation models (IAM). Mr. Nadar earned his B.S Degree in Chemistry with gold medal from Madurai University, India and B.S. Degree in Chemical Engineering from Institution of Engineers (India). As a consultant, Mr. Nadar is currently assisting major operators in the Middle-East in the artificial lift optimisation and de-bottlenecking of their assets. Mr. Nadar has been a trainer and mentor all along his career and has several SPE papers and other publications to his credit.
Course content has been jointly compiled and contributed by James Lea and Nadar
James Lea is currently involved in teaching industry courses on subjects such as artificial lift, ESP, Gas lift, Beam lift, and Nodal Analysis for OGCI/ Petro skills as well as consulting on production and artificial lift related projects. He has been recently more involved with gas well dewatering and is co-author of Gas Well Deliquification by Lea, Nickens, and Wells published by Elsevier as well as publishing several articles on related subjects. He organised the first Gas Well Deliquification Workshop four years ago and this year it had grown to over 700 in attendance with continued direction from ALRDC. He also was one of the founding members of the ESP Workshop, a current semi-annual event in Houston. He has received the SPE 1996 Production Award, the 1990 Slonneger Award, and was distinguished lecturer for the SPE twice. He has 100 publications related primarily to artificial lift and production. He graduated from U of Ark with the BSME and MSME in 1965-67 and the PhD from SMU in 1970 working in the area of heat/fluid flow.
Seminar Fees:
Short Course fee includes coffee breaks, luncheons and course materials.
