RES 426
The Use of Analogues to Estimate Recovery Efficiencies and Value for Oil and Gas Acquisitions
The Use of Analogues to Estimate Recovery Efficiencies and Value for Oil and Gas Acquisitions
COURSE SCHEDULE
| Code | Date | Location | price (€)* |
|---|---|---|---|
| RES 426 | 15 – 16 Jan 2025 | Online | 850 |
| RES 426 | 16 – 17 May 2025 | London | 850 |
| RES 426 | 9 – 10 Jun 2025 | London | 1990 |
| RES 426 | 8 – 9 Oct 2025 | Stavanger | 1990 |
* Prices are subject to VAT and local terms. Ph.D. students, groups (≥ 3 persons) and early bird registrants (8 weeks in advance) are entitled to a DISCOUNT!
COURSE OVERVIEW
PetroTeach offers this course in analogues and its applications in Reservoir Engineering. The course addresses how to estimate rock and fluid properties from analogues and how to estimate recovery factors and recoveries per well, Participants will be taught as well about notional development plans for offshore projects and other concepts used to get a prudent evaluations.
This course will discuss the use of analogues in Exploration, Appraisal, Development and Production Gates to help attendees assess Recovery Efficiencies of offshore oil and gas projects and quantify their economic values. Attendees will learn how to develop a preliminary proxy or response surface model for a given acquisition, lease sale or farm in opportunity and estimate oil and gas recovery and the number of wells required for a field development.
COURSE OUTLINE
2 days
Day 1
o Brief review of parameters/inputs used for estimating recovery efficiencies
o Proposed methodology of estimating recovery factors with functions
o Application of analogues and how to extract useful information from them.
o Generation of trend lines for rock and fluid properties and how to validate them
o Generation of inputs parameters to be used in the Screening of Projects.
Day 2
o Definition of Proxy Models
o How to Build a Proxy Model for a Rapid Screening of a particular prospect.
o Students are encouraged to bring their own examples ad apply the methodology to its own cases.
o How to define the Inputs for Probabilistic Distributions
o Notional Field Development Plans: well counts, subsea tiebacks, surface network.
o Introduction to data rooms and the process of lease sales, bid rounds and farm-in opportunities
INSTRUCTOR
Luiz C. Amado
Luiz C. Amado, PhD, an expert in reservoir engineering (Modeling and Simulation) and Integrated Reservoir Modeling Author of the Book – Reservoir Exploration and Appraisal, published by Elsevier. Amado has over 20 years of oil and gas industry experience, working with Shell, Petrobras, and other major oil and service companies. During his 10-year career with Shell, as a Senior Reservoir Engineer, he worked on several projects in UK, Brazil and USA. In UK, he was involved in reservoir engineering and simulation studies, and operations, in the Southern North Sea. As a Senior Reservoir Engineer for Shell in Houston, he worked on deep water reservoir engineering projects in GOM and at Exploration areas in Brazil (Santos, Campos and Espirito Santo basins), as well as on projects in other areas in South America and South Caribbean. As a Senior Reservoir Engineer for Petrobras America, Dr. Amado worked on reservoir engineering projects to evaluate prospect opportunities in Pliocene, Miocene and Lower Tertiary plays of GOM. Amado is a long-standing member of SPE, and has served on several SPE technical committees and conference boards. He is a co-instructor of two popular SPE training courses.
FAQ
DESIGNED FOR
This course is for petroleum, reservoir engineers and geoscientists, however anyone interested in lease sales and/or farm-in opportunities should attend this course.
COURSE LEVEL
- Intermediate
LEARNING OBJECTIVES
The learning objectives of this course are:
Attendees will be able to obtain value of Analogues as well as identify constraints in terms of geology and engineering that will make the acquisition
REGISTER
Registration is now OPEN!
* Prices are subject to VAT and local terms. Ph.D. students, groups (≥ 3 persons) and early bird registrants (8 weeks in advance) are entitled to a DISCOUNT!
For more details and registration please send email to: register@petro-teach.com
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