About this Workshop
Production forecasting continues to remain a topic of global interest. As a crucial tool in the industry, integrated production forecasting is essential for decision-making, financial planning, and investment scenario evaluation. However depending on the scope and purpose, the production forecast can be short or long-term, probabilistic, or deterministic.
This workshop will bring together subsurface and surface scientists and engineers, specialists from service companies, academia, R&D, and government to discuss the latest developments in production forecasting. Technical sessions and panel discussions will highlight the key factors crucial for developing an integrated, fit-for-purpose production forecast.
As the oil and gas industry progresses towards transformation, many uncertainties exist. What would be the impact of big data and data analytics on production forecasting? How would technology, artificial intelligence, and automation revolutionise the workflow? As global demand shifts in the future from fossil to renewable sources, what economic factors must be considered for future projects forecasting?
This workshop will present the creative forum to explore these new ideas and define strategies for implementation.
During the two-day workshop, expert speakers will share global trends in production forecasting at panel reviews and in keynote presentations. Formal discussions will cover focused topics and case studies highlighting industry best practices and lessons learnt in data integration and risk assessment for short and long term production forecasting
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.
Proceedings will not be published; therefore, formal papers and handouts are not expected from speakers.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.
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.
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.
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.
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.