Monday, August 26
This panel session will highlight and discuss high-level approaches to innovation in gas field development which may provide opportunities for enhanced cost efficiency and risk management. We will explore key issues faced by gas project developers and identify innovative solutions to support long-term gas field value whilst meeting regulatory requirements and societal expectations. The panel will share their experience in meeting these challenges against a backdrop of a continually changing business environment. The following questions will be addressed:
- What can NOCs such as PETRONAS, PTTEP, Pertamina and MOGE do differently to support industry transformation and the realisation of long-term gas field value?
- Does standardisation across the industry offer opportunities to lower design and procurement costs?
- Can neighbouring projects share infrastructure and logistics to lower operating costs?
- Does management of HSE risks offer opportunities to lower costs and secure social licence for long-term gas field value?
- How can non-operating project participants influence operating partners to innovate for cost efficiency and long-term value?
- What role does opportunity framing and project road mapping play in maximising cost efficiency and assuring gas field value?
In gas field development especially developing marginal gas fields or extending the lifespan of a mature gas field, it is important to create cost-effective and fit-for-purpose solutions to keep tight costs control. This session will focus on the innovative approaches and best practices in handling subsurface risks and uncertainties in various types of gas reservoirs to reduce development cost, optimise production and maximise reservoir recovery.
The session shall cover the following aspects:
- Innovative subsurface data acquisition, analysis and interpretation for complex gas reservoir development
- Robust and cost-effective reservoir characterisation
- Alternative approaches to the reservoir recovery improvement
- Best practices for reserves and resources estimation
- Efficient reservoir performance prediction
- Integrated production modelling optimisation
- Well/reservoir surveillance strategies as well as plans for improving reservoir monitoring and reducing uncertainties
The session will cover fit-for-purpose and innovative well design and drilling strategy to optimally develop a gas field. This will include various well design and drilling strategies to address both subsurface uncertainties and drilling/completion risks. The completion strategy is aimed to maximise short-term production and long-term recovery. Managing drilling through depleted zone is another common challenge to further develop a mature gas field which requires more integration and an innovative approach.
Tuesday, August 27
Low-cost development is essential to ensure economic viability of challenging gas development for instance remote, marginal fields, long distance tie-backs, requirement for offshore contaminants treatment and disposal, and so on. This session discusses the technical, commercial, execution challenges, issues and examples of innovative solutions / fit-for-purpose production facilities to enable monetisation of gas reserves which in the past would have remain stranded.
Participants will generate ideas or approaches to achieve low-cost development with discussions revolving around latest gas technologies, best practices and integrated development with agile deployment that ultimately leads to lower cost outcome. Key aspects of fiscal management will also be identified to de-risk cost influence and, thus, promote higher profitability outcome. This session will also include examples of innovative commercial models such as:
- Integrated/cluster development using generic (design-one-build-many) platform/facilities design
- Lease-based facilities to minimise CAPEX
- Early Production System (EPS) to reduce risk of key subsurface uncertainties
In the current world of digital information technology, massive information can be captured and analysed for better understanding on behaviours, performances, situations and challenges. In oil and gas businesses, the information and its applications have transformed core activities rapidly in the past few years. This session will discuss key activities in E&P big data analytics and machine learning for predictive capabilities, where exploration and production performances have largely improved.
Various technological adoptions and applications will also be shared and deliberated to improve exploration and development activities, for instance:
- Exploration potential and risk analysis
- Production and artificial lift optimisation
- Suggested stimulation and enhanced recovery techniques
- Drilling and well completion performances
- Safety and environmental impacts
This session will cover various operational excellence activities and production enhancement in gas fields including:
- Integrated production optimisation and modelling
- Case histories and/or performance of production enhancement in gas field
- Best practices in mitigating gas field performance issue, back pressure management, reduction of unplanned deferment and so on
- Sand production challenges and solution in gas field production
- Water shut off in gas field production
- Management of contaminant production
- Reservoir, Wells, Facilities Management System (RWFM): Challenges and solutions in gas fields
- Emerging practices in improving production operation efficiency in gas fields and gas allocation procedures
- Gas utilisation and flare emission reduction through condensate recovery
This session will cover the reservoir management plan during late field life or the declining phase of their production. In the late life period of the asset, the business driver is changing from "ensuring a well is fit for production to ensuring a well is fit for decommissioning". The work is focused on applying a fit-for-purpose approach to manage these facilities for long-term shutdown in preparation for plug and abandonment (P&A). Optimising activities and investment costs while maintaining reasonable field potential will become important plays moving forward.
Moreover, the upcoming field abandonment and platform decommissioning activities have become a reality for many operators. Although a rapid rise in recent decommissioning activities has afforded the industry some experience with smaller platforms, there is still much to learn and accomplish on a larger scale. Various techniques for decommissioning structures and facilities, for both offshore and onshore, have been utilised. These options are driven by environmental considerations, cost, health and safety, available technology, law and politics.
The session shall cover the following aspects:
- Reservoir management plan during field production declining period: Minimising activities and investment costs while maintaining reasonable field potential decline rate
- Decommissioning liability: Law and regulation in each country, transferring liability of M&A projects, and the difference between PSC and Concession
- Decommissioning options for technical aspects: Onshore vs Offshore and Totally Remove vs Leave-in-Place
- Impact of decommissioning cost on project value: Tax benefit, cost recovery, and cost schedule in the financial model
Wednesday, August 28
This course on Gas Field Development Planning: Offshore Projects covers significant gas projects dealing with the three key physical elements: reservoir, wells and facilities. The first day emphasises geoscience and subsurface aspects, including wells; while the second day considers projects more from a macro-point of view, including commercial, project management and facilities concepts. This course will give participants an understanding of all major aspects of gas field development planning and project management.