RESERVOIR & ARTIFICIAL LIFT SYSTEM (ALS) PRODUCTION OPTIMIZATION

  • March 4, 2019 - March 8, 2019
    8:00 am - 5:00 pm

Course Length:   5 Days         Course Dates: March 4- 8, 2019          Course Venue: Calgary, Alberta, Canada

Course Description:
The objective of this course is to introduce reservoir/petroleum engineers to practical optimization algorithms and their application to solving oil and gas reservoir development optimization problems. The course covers an overview of production optimization problems in oil and gas industry followed by the presentation of practical gradient-based and stochastic optimization algorithms that are commonly applied to field development optimization problems. The course also presents the fundamental and practical aspects of production optimization and illustrates how reservoir simulation models can be integrated with optimization algorithms to perform automated/assisted field development optimization. Case studies from well flow rate control optimization and well placement planning will be discussed.

Who Should Attend?
This course is designed for professional reservoir engineers, production engineers, petrophysicists, geophysicists, geologists and asset managers

What You Will Learn:
• Introduction to reservoir modeling and inverse theory
• Knowledge of optimization algorithms and their application to solving oil and gas reservoir development optimization problems
• Knowledge of integrating production optimization and reservoir simulation models to perform automated/assisted field development optimization
• Use of optimization techniques, together with reservoir simulation tools, for planning and optimizing field development

Course Outline:
• Integrated geological model
• Petrophysical evaluation
• Numerical reservoir simulation
• Reservoir modeling, characterization, history matching and Forecasting
• History matching and production forecasting
• Single and multi-objective functions
• Production optimization elements
• Numerical Optimization Methods for Oil and Gas Reservoirs
• Applications of single and multi-objective optimization techniques to petroleum fields
• Methods for uncertainty estimation
• Field development optimization
• ALS system performance design and operations
• ALS production optimization and operations management.
• Field case studies and hands-on practice

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