What you’ll learn
- The participants will be introduced to the different phases of a reservoir life cycle. This will include the reason and the need to come up with a field development plan in order to exploit the reservoir in an appropriate manner,
- Introduction of different field development options for the reservoir.
- Discussion of data integration and their interdependence. Integration and timing of subsurface and surface for decision making process.
- Discussion of the different interfaces and their relationship and data gathering and need for reservoir monitoring.
- In depth discussion of various components of a Field Development Plan. This will also highlight the different tasks and activities that need to be done and reported in a Field Development Plan.
- Review the concepts of FDP. Introduction to Opportunity Framing Workflow, road map, risk register and stake holder mapping.
- Continue reviewing the concepts of FDP and introduction to Opportunity Framing Workflow, road map, risk register and stake holder mapping.
- What are the key drivers for a successful development?
- Identifying project risks
- Identifying key reservoir uncertainties
- Subsurface evaluation and building models
- Type of wells needed for proposed development
- Costing the different development options
- Development economics
- Field Development Plan (FDP)
- Reservoir management plan
- Life cycle of an oil and gas project
- Industry trends on maturing oil and gas projects
- Hydrocarbon accumulations
- Overview of exploration techniques
- Decision to explore
- Key data collected during exploration
- Estimating hydrocarbons in place
- Estimating recoverable volumes
- Recovery mechanisms
- Facilities choice for possible development options
- Export options
- Estimating development costs at this stage
- Do we need more information – appraisal?
Course Features
- Lectures 0
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
Curriculum is empty