The oil and gas industry is facing a fundamental challenge as to the best possible way to sustain the long term economic viability of oil and gas shale developments. Many circumstances are working against the favorable economic development, such as the substantial production decline rate experienced in many wells, the rising production cost due to environmental and regulation considerations, and the surplus production issues which lead to volatile market pricing. The drive for profit and sustainable economic development has pushed the industry to:
This workshop is designed for a multi-disciplined audience to encourage discussion of best practices and case studies. Identifying which factors we can influence with advancement of technologies, creative engineering and best practices versus which factors we need to accept as the baseline of production performance will be addressed.
The workshop will be limited to 90 attendees and is aimed at the following:
Workshops maximize the exchange of ideas among attendees and presenters through brief technical presentations followed by extended Q&A periods. Focused topics attract an informed audience eager to discuss issues critical to advancing both technology and best practices.
Many of the presentations are in the form of case studies, highlighting engineering achievements and lessons learned. In order to stimulate frank discussion, no proceedings are published and members of the press are not invited to attend.
Proceedings from the workshop will not be published; therefore, formal papers and handouts are not requested of speakers or panel members. A URL containing released copies of the workshop presentations will be available to attendees following the workshop.
In remaining consistent with workshop objectives and SPE guidelines, commercialism in presentations will not be permitted. Company logos should be used only to indicate the affiliation of the presenter(s).
Attendees will receive 2.0 CEUs.
One CEU equals 10 contact hours of participation. CEUs will be awarded through SPE Professional Development for participation and completion of SPE workshop. A permanent record of a participant’s involvement and awarding of CEUs will be maintained by SPE.