Moderator: Medhat Abdou, Vice President (Developments), ADCO
The conference theme for 2015 “Integrated Reservoir Characterisation and Innovative Technologies to Reduce Uncertainties and Maximise Recovery” has been selected in recognition of the increasing complexity of extracting more oil and gas profitably from existing and new reservoirs. While demand for energy continues to grow, rapid changes are observed on the supply side across the global energy industry. Accurate field development investment decisions have to be based on realistic reservoir modelling and a proper evaluation of the key subsurface uncertainties.
During the past two decades, improved technologies for understanding and characterising oil and gas reservoirs have increased the possibilities for successfully increasing recovery factors. Models have grown in size and level of detail, as computers have become a lot faster and able to process very large data volumes.
The future challenge will be the description of secondary and tertiary recovery mechanisms. Evaluation of enhanced oil and gas recovery schemes needs accurate description of the physical processes, which are the foundation of the EOR processes. Only the best dynamic simulation tools combined with fit-for-purpose geological, geophysical and petrophysical descriptions will provide reliable production forecasts. Careful management of the key uncertainties will deliver a realistic range of oil, gas and water production profiles.
The 2015 theme focuses on reservoir applications and different technologies for characterising, modelling, and simulating reservoir behaviour. We are all entering an era of very complex static and dynamic modelling, where innovative approaches are required to develop new techniques, which will improve the predictive capability of our models. It is evident that the so called “easy oil” is on its way out. More complex reservoirs with low permeabilities, unpredictable heterogeneity, containing unusual reservoir fluids call for a review and update of the traditional approaches. This includes not just better technical work but also collaboration among oil companies, governments and academia, sharing of best practices and the creation of an environment where new, young talent is welcome and can flourish.
Moderators: Mohammed Saad Al Kobaisi, Director of Advanced University Placement, The Petroleum Institute (PI); Osama Abazeed, Business Development Manager, Tendeka
The world’s energy demand is growing to unprecedented levels necessitating a fresh and serious look into energy supply via unconventional means. As the discovery of new hydrocarbon reservoirs diminish and the extraction of known hydrocarbon deposits become ever more costly and complex, all eyes look toward R&D for answers and rightly so. R&D has always been the backbone to any innovation leading to meeting global energy needs. This panel session is an open platform to discuss various R&D schools of thought from the perspective of NOC’s, IOC’s, service companies, and academia.
Moderators: Klaus Mueller, Technical Manager, ExxonMobil; Ayesha Al Marzouqi, Reservoir Manager (surveillance), ADCO
The growing gap between old and new generation is obvious across the entire oil and gas industry. In conservative societies, it is more frenetic for enticing females to the oil and gas business. The competition arises from the attractive industries; telecommunications, stock markets and others drive the youths in avoiding the oil and gas relatively tough business. A paradigm shift in understanding the oil and gas innovative technologies is required. On the other hand, alteration in the petroleum curriculums is deeming prudent to the eminent industry. Incentives, motivations and clear career development are essential elements in attracting young generations to bridge the gap of a starving industry.
Moderators: Philip Mosher, Independent Consultant; Slobodan Stojic, Senior Reservoir Geologist, Schlumberger
Looking at a worldwide distribution of hydrocarbon fields, from a perspective of reserves, production profiles and recovery factors, there is a clear necessity to identify innovative technologies to help extend the life of our oil and gas fields. Innovative technologies are an important driver in the oil and gas industry to help us keep up with demand.
Technologies such as IOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) are, or at least should be, considered in recently discovered fields and are frequently applied in mature fields. From measurement and data acquisition technologies to reservoir characterisation and simulation modelling to chemicals and drilling technologies all angles should be covered. Exploration challenges in searching for new hydrocarbons in complex geological environments also stress the need for highly skilled technical staff and tools. Knowledge of innovative technology (hardware and software) will support the identification, evaluation and development of new discoveries.
Technology developed and implemented in unconventional tight oil and gas developments can also be used for conventional fields in reservoirs with low mobility fluids. The oil and gas industry has an excellent track record with respect to technology innovation. Deployment of new technologies may be slowed down by resistance to change (transferring technical know-how), short-term vision of decision makers (integrated teams) or financial limitations (improving business processes), but these effects are usually overcome by the added value that new technology presents.
Speakers will share innovative ideas, technologies and techniques that may provide a deeper understanding of new and old hydrocarbon fields and demonstrate that technological progress can maximize asset value via further development and production.