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RES 422

Practical in Geomodelling, Flow simulation, Economics & Uncertainty in Field Development

COURSE SCHEDULE

Code Date Location price (€)*
RES 422 20 - 24 Nov 2023 London 3990
RES 422 1 – 5 Jul 2024 Online 1990
RES 422 23 – 27 Sep 2024 Online 1990
RES 422 17 – 21 Jun 2024 Dubai 3990
RES 422 18 – 22 Nov 2024 London 3990

* 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

The course emphasizes the integration of static and dynamic modelling and their application in the design of Field Development Projects that maximize recovery and reserves, by optimizing well numbers and their placement, lowering investment and operating costs while maintaining best industry practices including HSE.

This course gives Geoscientists insight into dynamic simulation and how to build static geomodels that best replicate the wells’ and fields’ flow behaviour. The course gives Reservoir & Petroleum Engineers a better understanding of the complexities of Reservoir Geology and the difficulties of reservoir characterization considering the large number of variables and parameters involved, covering a broad range of scales. They will also have greater appreciation for the challenges of capturing these reservoir characteristics particularly the heterogeneities that most affect flow behaviour in simple grid cells. Reserves and Resource definitions are also covered, together with their computation. Field Development Design, Project Economics, Economic metrics, Cashflow modelling and the Risk/ Ranking and the Final Investment Decision (FID) complement the course and are extensively covered

COURSE OUTLINE

5 days
Day 1

o Intro to Geomodelling & Reserve Estimation
o Geostatistics
o Caliper log, logging model
o Geomodelling Work Flow
o Reservoir Zonation
o Gridding
o Rock Typing: Petrophysical Groups, Lithofacies & Log Typing

Day 2

o Facies Modelling
o Pixel & Porosity Modelling
o Multipoint Modelling
o Geobody Modelling
o Petrophysical Modelling
o Cut-Offs
o NTG & Porosity Modelling
o NKh & Kv Predictor & Modelling
o Sw Modelling

Day 3

o Modelling Techniques: SIS, SGS, STGS Simulation, Collocated Kriging
o Uncertainty in Modelling
o Reservoir Engineering
o Fluid & Rock Properties
o Swir, Pc, Kr & Fluid Contacts
o Reservoir Drive Mechanisms
o Productivity Index
o Well testing
o Material Balance

Day 4

o Dynamic Simulation
o Numerical Flow Simulation
o Simulator Initialization
o IPR & VLP performance
o Volumetric Estimates
o Fluid Contacts (FWL vs. OWC)
o Deterministic & Probabilistic Calculation (Monte-Carlo)
o Resources and Reserves
o Definitions
o Economics
o Financial Definitions
o Cash flow Modelling
o Metrices & Benchmarking

Day 5

o Field Development Plan (FDPP)
o Case Handling (flaring/injection)
o HSE
o Tutorial
o Complete & Present Results

INSTRUCTOR

Jean-Marie Questiaux

Jean-Marie Questiaux

FAQ

DESIGNED FOR

Geoscientists (Geology, Geophysics & Petrophysics), Reservoir and Petroleum Engineers, Project economists, preferably 3-5 years industry experience.

COURSE LEVEL

 o Advance 

LEARNING OBJECTIVES

Participants will learn:
o  Objectives for Geomodelling & Dynamic Simulation.
o  Fundamentals of geostatistic and its application to geomodelling.
o  Detailed geomodelling workflow
o  Reservoir Engineering fundamentals
o  Introduction to Well Testing, Flow Performance and Productivity Index
o  Artificial lift & basics of Material Balance
o  Flow Simulation initialization and flow simulation outputs
o  Reserves and Resources definition. Resource Estimates including Monte-Carlo simulation
o  Uncertainties in geomodelling
o  Field Development Plan (FDP) workflow
o  Economics, and Economic Metrics for assessing projects
o  Cashflow simulation
o  Assessing technical and economic merit/ risks of a Field Development Plan

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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