Hotline: +234 803 308 4541

Fundamentals Of Reservoir Management

Next Start Date : No new date. Check back later.

Seating Capacity : 20

Venue : Lagos

Course Fee : N250,000

Duration : 3

City : Lagos

Other Upcoming Dates : No more date was found for this course on the calendar.

Course Overview

The technical management of strategic natural resources such as Oil and Gas reservoirs is a challenging responsibility that confronts operating companies, service companies and government authorities.

To achieve optimum management , effective teams comprising of professionals from various disciplines must be established, at all stages during the life of an Oilfield, from exploration, through appraisal & development and finally to production .

The Fundamentals of Reservoir Management Course is designed primarily for those professionals whose responsibilities during their career will include any of these essential phases of Reservoir Management.

The prime objective of reservoir management is the economic optimization of oil and gas recovery, which can be obtained by Identifying and defining all individual reservoirs in a particular field and their physical properties, Deducing past and predict future reservoir performance, Minimizing drilling of unnecessary wells, Modifying wellbore and surface systems, Initiating operating controls at the proper time and Finally Carrying out the above optimal decisions while considering  all pertinent economic and legal factors.

Target Audience
This Course is targeted at Professionals in the Upstream sector, such as, Petroleum Engineers, Geologists & Geoscientists, Drilling Engineers, Production Engineers, Reservoir Engineers Field operation staff, management, and others involved in the different aspects of petroleum reservoir management.

Course Details
The fundamentals of reservoir management: history, philosophy and recent developments.
Integration of geoscience and engineering. Synergy and team building
The modern integrated reservoir model, including the contributions of geology, well logs, seismic, geostatistics, production, laboratory, geomechanics and engineering data.  Obtaining and analysing data. How to management data.
Oil and gas reservoir performance analysis techniques including production analysis, analogies, correlations, volumetric, decline curves, classical material balance and numerical simulation.
The responsibilities of different team members.
Reserves definitions (proved, possible, and probable) and how this affects both field development and the operation of a company. The importance of securities regulations.
Reservoir management economics and optimization, such as optimum well spacing. The effects of risk and how to manage this Secondary and tertiary recovery.
Fundamentals of waterflooding; immiscible displacement, heterogeneity, flood pattern, and recovery efficiency. Enhanced recovery processes - thermal, chemical, and miscible. How to select the best method. Development planning and surveillance techniques.
Reservoir management case studies from the author’s experience.
Participants’ reservoir management discussion.