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SPE Application of Fit-for-Purpose Smart Technology to Improve Mature Assets Workshop

3 – 5 February 2015

Leoben, Austria | Falkensteiner Hotel Leoben

About this Workshop

Abstract

More than 70% of today’s hydrocarbon production comes from mature assets. It continues to be a major contributor to global oil and gas production and will continue to do so for many decades to come. More than 65 % of the reserves remain locked in these reservoirs with conventional methods.

Extending the life of a mature field and thus getting hold of more reserves is equally challenging across four primary fronts:

  • Reducing or balancing out the production decline in assets with restricted budget capabilities
  • Improving recovery from the reservoir beyond an average of 35%  by applying integrated technical solutions from the sand face to the delivery point
  • Applying fit-for-purpose technologies directed to extend the life time of facilities and equipment
  • Give EOR a new beginning

These challenges have many facets that must be explored. They may be related to well interventions, infill drilling, well integrity, facility integrity, reservoir monitoring, flow assurance, water handling, and improved/enhanced recovery processes. With so many facets and huge volumes of data available, multidisciplinary cooperation is essential for effective and sustainable implementation including associated risks and economics considered.

Mature assets are more complex and therefore more challenging for E&P staff. Budget restrictions always play a major role. Therefore the use of fit-for-purpose smart technologies across the whole value chain is essential to improve and sustain the performance of mature assets.

Who should attend

Attendees from across the industry are encouraged to attend the workshop because successful management of mature assets requires the interaction between all disciplines. Although experience is essential for the successful workshops, we strongly encourage young graduates with new ideas to join.

Workshop Guidelines

Format

Two and a half days of informal sessions, with a number of short presentations, breakout discussions, an evening welcome reception on Monday 2 February and dinner on Tuesday 3 Febraury. Full details will be provided with the registration pack which will be sent in January.

Attendance

75-85 delegates from relevant disciplines with proven experience and/or knowledge of the subject areas being covered.

Attendance Certificate

All attendees will receive a certificate from SPE attesting to their participation.

Continuing Education Units

The workshop qualifies for SPE Continuing Education Units (CEU), at the rate of 0.1 CEU per hour of the workshop.

Poster Presenter Opportunities

SPE welcomes posters at this event. If you would like to display a poster and share your expertise with the attendees of this workshop, please submit a brief description of your proposed topic upon registration.

There is no dedicated poster session in this workshop, instead posters will be displayed throughout.

Scribe’s Report

The steering committee will appoint a scribe to make a full report of the workshop, summarising all presentations and discussion. This report will be circulated to all attendees. The copyright of the scribe’s report will belong to SPE.