Tuesday, January 23
Wednesday, January 24
A lower-for-longer oil price environment has hit capital investment related to exploration and production companies hard. Since the low oil cost environment has effected the whole Industry, i.e. both manufacturers and the operators. Tremendous effort has been observed in ensuring the overall revenue is maximised through various technical, operational and commercial aspects.
What effect will this have on world oil production rates and their long-term sustainability? And, with reduced cash flows, what effect has this had on technology spending by both operating and service companies? Are we nearing the end of the lower for longer era? And if so, how will operating and service companies support this change in the market? These are some of the questions and perspectives this panel session will explore, where we will be looking at various ideas addressing the lower for longer challenges.
Standards in manufacturing play a highly significant role in ensuring that parts can be brought together, assembled to produce a working machine, such as, in this case an ESP system.
The standards and practices, such as ISO 15551-1:2015 cover manufacturing standards and various recommended practices for each system component (API RP) for ESPs, aimed to provide requirements, specifications, guidelines or characteristics that can be used consistently to ensure that materials, products, processes and services are fit for their purpose.
It is worth mentioning that many companies are ISO accredited, but these ISOs reference to manufacturing standards as part of the Quality Management System used within an organisation.
The purpose of this session is to explore methodology on how manufacturers, services companies, operating companies in the ESP industry can apply these standards and practices to ensure quality products and components. Adhering to such standards will provide an auditable trail for potential and existing clients, plus provide the manufacturer a highly efficient method of tracking small problems before they become major misfortunes.
Since the first subsurface ESP was installed in 1928 in USA, more and more ESP suppliers have been competing with each other in the oil market with breakthrough technologies advancement in existing applications as well as in new ESP applications requirements. ESPs have been used for conventional and unconventional environment with several technical challenges that can impact equipment’s run life especially in this era of low oil prices where cost effectiveness and higher efficiency are key to achieving ESP excellence.
This session is designed to increase awareness of the current ESP technical challenges, increase collaboration between operators and vendors and discuss the importance of knowledge sharing. Case studies of challenging well conditions, degree of impacting ESP performance and availability of technology solutions to address such challenges will be discussed.
The session is aimed to cover technical challenges such as, gas handling, deep and high temperature reservoirs, corrosive and abrasive fields, low flow rate wells, heavy crude and other relevant challenges.
Numerous enhancements have been made in Electrical Submersible Pump (ESP) in the last few decades, yet the ESP reliability is still a concern for many operators and ESP suppliers especially in today’s challenging environment. As an encouragement, there has been a different approach from operators for ESP suppliers to enhance reliability such as rental agreement, performance base contract etc. However, none of these approaches seem to work perfectly to reach high tangible reliability improvement.
Reduction of ESP failures is a significant economic factor for operators in terms of production losses and deferment, cost of ESP replacement and non-productive time (NPT).
This session will explore the fundamental issues that currently prevent achieving higher reliability levels and the opportunity to resolve these matters from different prospectives such as service companies as well as operating companies. The key reliability challenge areas are, a clear reliability goal, contract nature including shared risk and reward, continuous tangible improvement projects from both parties to overcome all technical, operational and economical challenges.
New technology deployment forms an integral part and important cornerstone of exploration and production efforts of field development and production optimisation for petroleum assets. Introduction of such new technologies to address key production challenges has always been the focus of petroleum asset managers. However, there are several difficulties and challenges with ESP that threatens the performance of ESP systems, leading to oil operators constantly searching for better and cost-effective solutions to optimise the lifecycle of oil wells. These ESP challenges can be heavy oil, foreign particle, solid, scale, sand, high-gas wells and last but not least the pressure of reducing the CAPEX and OPEX for operating these ESP systems.
This session will look at new technologies advancements, such as, gas handlers, high-temp equipment, wide operating range ESP systems, PMM applications, de-sander technology, alternative centrifugal driven pumps and smart well monitoring tools.
Thursday, January 25
There is increasing parity in assessment of local content with the technical and commercial elements of tender documents. Requirements for transfer of knowledge, domestic technology development and provision of education, training and quality employment for local talent demands a balanced approach be taken to ensure contracts remain mutually beneficial, technological innovation can continue and each tender attracts a diverse pool of bidders.
This panel session addresses the subject operators and vendors face, particularly in this region as the industry looks to adjust to longer periods of depressed oil prices.
The session expects to explore, amongst other, the local content in the context of providing jobs to the ever-increasing population, which can be achieved through capacity building, creating SMEs as well as offering products and services locally.
In-country value or local content is the development of local skills, oil and gas technology transfer, and use of local manpower and local manufacturing. Local content has the effect of building a workforce that is skilled and building a competitive supplier base in the oil and gas industry. Countries within the GCC and the region would like to create opportunities for their nationals and thus assist to keep its wealth within its borders, as well as providing jobs to increasing populations. In Oman this is called in-Country value, in Saudi Arabia it is in- kingdom total value add, and in other countries is it just local content, whatever the name, it has the goal of building capacity by creating local enterprises that can offer products and services to the industry.
This session will be looking at case studies and papers related to in-country value.
Supervisory Control and Data Acquisition (SCADA) technologies have never had today’s level of penetration. Almost every single parameter from an ESP produced well can be monitored through more advanced and affordable sensors. These transmitters coupled with spreading satellite, wireless and fiber optics have made SCADA available to virtually all ESP operators across the globe. Similarly, the amount of data recorded every day has no precedent comparison with countless parameters stored every second.
With the proper algorithms, data verification techniques and processing capabilities this ocean of data can be translated into very valuable information that allows ESP operators to optimise the production, extend the run-life and proactively approach failures. This opportunity can be translated into better planning and economic improvements of either a single well or even extended to a cluster of ESP lifted wells.
In this session, we will go through several applications where the data recorded has allowed ESP manufacturers as well as operators to optimise the ESP application, lifting as well as to have an overview of future developments.
Electric submersible pumps use electricity as their fuel source or as their lifeblood but attention is very seldom given to the quality of the electricity that we provide to the ESP. This session will focus on papers related to power quality and ensuring that the ESP is given a clean power signal and that the ESP system is optimised electrically to minimise power costs as well to increase run-life.
The key discussion areas in relation to electricity notion on ESP systems will be on harmonics source—effect and mitigation, voltage and current imbalance, power quality, electrical optimisation and overall efficiency.