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Well and Reservoir Management - Best Practices for Increased Production and Reserves Addition

4-7 March 2008
Bandar Seri Begawan
Brunei

As new sources of oil and gas are getting more and more difficult and expensive to find, the focus of this workshop is on existing fields as a more cost-effective way of maintaining production and adding to the reserves base. Through optimum field development and management, a substantial increase in hydrocarbon recovery is possible. There are, however, a number of barriers to high recovery.

• Field Development Plans focus mainly on the construction phase. The challenge is to integrate the construction phase with the operating phase in a seamless manner creating a "Living Field Development Plan". Periodic FDP revisits in the form of Full Field Review have almost always added reserves.
• Reservoir characterization is fundamental to reservoir management. We cannot, however, fully understanding of the subsurface--there will always be uncertainty.
• A rush for maximizing production at these lucrative oil prices can jeopardize the long term field recovery. How can we resist the temptation of inappropriate short term production gains? How can new technology help in this area?
• There is a lack of experienced petroleum engineers, and not enough people are coming through the system for various reasons.

This workshop will focus on current and new technologies, best practices, and various implementations to ease the situation to overcome these barriers. Topics will include:

• The optimum amount of surveillance and new developments in well and reservoir surveillance
• The difference between new technology and its proper deployment
• Dealing with uncertainty in reservoir characterization
• The challenge of knowledge retention while coping with rapid movement of personnel.
• The people, process, and technology components of reservoir management and related best practices.

Who Should Attend

• Petroleum engineering professionals
  • Petrophysicists
  • Reservoir engineers
  • Production engineers
  • Production technologists
• Geoscientists
• Operations
• Well Services staff
• Senior Management

Registrants are encouraged to present case studies (successes, failures and learnt lessons) and other experiences for discussion.

Additional workshop information, including the technical agenda, will be posted by 1 January 2008.

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