Unconventional resource plays, such as ultra-low permeability formations and organic shales, are developed in a fast-paced environment, with wells drilled and completed in a relatively short amount of time. In contrast, understanding the productivity of these plays requires a meticulous characterization exercise because of the complex petrophysical characteristics and fluid phase behaviors, leading to unconventional flow mechanisms. Consequences of completion design and well spacing can have multiple effects due to the number of wells brought online. Therefore, it is imperative to have a full-field development strategy.
Today’s ideal decisions will not be the same as those of tomorrow. The economically and operationally-feasible well development is dynamic. It will only be successful if necessary data acquisition programs, aggressive piloting and experimentation strategies, and new learnings are integrated properly and adopted quickly. During all phases of execution, operators need to identify development risks, such as reservoir heterogeneities, well interference due to well spacing, and productivity loss due to hydraulic fracture interference. Additionally, operators need to optimize scheduling and allocation of rigs and resources across the field to maximize profitability. Furthermore, the timing and implementation of late-term development strategies, such as recompletions, restimulations, and enhanced recovery methods, should be built upon the foundation of knowledge established during earlier development phases.
This forum will review the full field development phases of any unconventional reservoir that addresses the what, when, and how of planning, execution, and effective integrated analysis to achieve a profitable return. Through discussion and integration of these knowledge bases from more than a decade of intense unconventional resource exploration and development, attendees will focus on addressing the future challenges associated with these types of plays.
The Forum is a limited-attendance meeting for up to 75 people, designed for professionals in the oil and gas industry interested in the future direction of unconventional resource development. In particular, we will discuss potential future challenges associated with reservoir characterization, data acquisition and diagnostics, development strategies, production forecasting, and risk management in unconventional reservoir development. The forum is aimed at people with expertise in any of the following categories, as they pertain to unconventional reservoirs:
SPE Forums are unique, by-invitation-only SPE events that bring together top technologists, innovators, and managers to address a specific industry challenge. Participants are encouraged to come prepared to contribute their experience and knowledge, rather than be spectators or students.
The objective is to create a collaborative, idea-generating arena that stimulates new ideas and innovation about future challenges facing the E&P industry.
If you have a role to play in meeting the challenges of tomorrow head-on, apply today.
Participants at SPE Forums are selected by the Forum Steering Committee based on the ability to contribute to the discussion of the topic. Attendance is limited to maximize each person's opportunity to contribute.
Accepted applicants will receive their registration form and other materials within two weeks of the application deadline. For those requiring visas to attend the forum, please ensure that you leave sufficient time for your visa to be processed.