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Production Forecasting

12 – 14 May 2014

Dubai, UAE | The Address Dubai Marina Hotel

About this Workshop

Abstract

In October 2009, SPE held a Forum Series meeting in Cadiz, Spain, entitled “Getting to Robust Production Forecasts.” All aspects of production forecasting were covered through both panel discussions and contributions from the audience; however, no clear consensus emerged on what is a “good” production forecast. Many attendees felt that there was a need for “best practice” guidelines. As a result, the Global Integrated Workshop Series on Production Forecasting was initiated under the auspices of SPE. These events are scheduled around the world over a four-year period, encouraging a global discussion on production forecasting related subjects. A reprint book of papers following the Cadiz event was produced, and shortly thereafter the first three workshops were held in Europe (Berlin, February 2012), South America (Rio de Janeiro, March 2013) and North America (Banff, October 2013). To date, nearly 250 people from 22 different countries have attended the workshop series.

This integrated series of workshops examines the various factors that contribute to appropriate and fit-for-purpose production forecasts. This series intends to improve the understanding of production forecasting and to assemble broadly accepted industry guidelines. A separate group is tasked with assembling the production forecasting guidelines document. This document will serve as a common ground for the professionals working in a multitude of production forecasting areas, from reservoir engineering to facilities, for use by project stakeholders, financial, and investment institutions as well as global government bodies. Its goal is not a prescriptive set of rules, but rather a reference volume, a collection of common terms, recommendations, and best practices.

Different organisations and professionals create production forecasts for different reasons. Forecasts vary in their time scale, from a few months to many years. Similarly, their scope varies from a single well to a field project, company, country, and even on a global level. Depending on the scope and purpose, some key considerations underpinning the forecast also vary. Some forecasts are probabilistic and others deterministic. In the event sessions we will be examining best practice in generating forecasts in various contexts with specific areas.

Whilst the workshop is global in scope, it is important that it has significant local content. To this end, themes of particular relevance today in the Middle East are woven in throughout the programme. These include issues surrounding mega fields and their particular requirements. Another focus area is the need for acquisition of, QC, and use of different data types. The workshop will be even more valuable if participants bring their thoughts, ideas, and suggestions about specific local issues, as well as general and global matters.

Visa Information

SPE Middle East, North Africa, and South Asia will assist in providing a visa invitation letter, upon request in writing, to confirmed registrants after receiving full payment of registration fees. Visa invitation letters take five days to issue from the date of request and it is the delegate's responsibility to obtain their own visa. SPE cannot issue the visa nor can we guarantee it will be obtained.

 

Workshop Guidelines

Format

Two (2) days of informal discussions prompted by selected keynote presentations and discussions. Workshops maximise 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. The majority of the presentations are in the form of case studies, highlighting engineering achievements, and lessons learnt. In order to stimulate frank discussion, no proceedings are published and the press is not invited to attend.

Documentation

  • Proceedings will not be published; therefore, formal papers and handouts are not expected from speakers.
  • Work in progress, new ideas, and interesting projects are sought.
  • Professionally-prepared visual aids are not required; handwritten view graphs are entirely acceptable.
  • Note-taking by participants is encouraged.

Attendance

Registrations will be accepted on a first-come, first-served basis. The Steering Committee encourages attendance from those who can contribute to the workshop most effectively either in discussions or with posters. A mix of attendees in terms of geographic origin, companies, and disciplines will be encouraged.

Workshop Deliverables

  • The Steering Committee will appoint a “scribe” to record the discussions and to produce the full workshop report for SPE.
  • This report will be circulated to all attendees as the workshop deliverable within 4–6 weeks following the workshop. The copyright of the report is with SPE.
  • PowerPoint presentation materials will be posted on a specific SPE URL address after the workshop. Provision of the materials by the speakers will signify their permission for SPE to do so.

Commercialism

In keeping with workshop objectives and the SPE mission, commercialism in posters or presentations will not be permitted. Company logos must be limited to the title slide and used only to indicate the affiliation of the presenter and others involved in the work.

Attendance Certificate

All attendees will receive an attendance certificate attesting to their participation in the workshop. This certificate will be provided in exchange for a completed Workshop Questionnaire.

Continuing Education Units

Attendees at this workshop qualify for SPE Continuing Education Units (CEU) at the rate of 0.1 CEU per hour of the workshop.