LARGE-SCALE FIELD DEVELOPMENT OPTIMIZATION

  • June 15, 2020 - June 19, 2020
    8:00 am - 5:00 pm

Course Length:    5 Days         Course Dates:   June 15 – 19, 2020         Course Venue:  Calgary, Alberta, Canada

 

Course Description:

A typical reservoir development problem involves many variables that affect the operational schedule involved in its management subject to economic and physical limits. It is therefore essential these operations be performed as close to optimal as possible. This course is designed to equip participants with computational methods to solve field development problems. Field cases involving well control optimization, well placement and generalized field development full field development are presented to gain hands-on experience and best practices in the industry.

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
  • History matching and production forecasting
  • The objective function
  • Overview of optimization techniques
  • Multi-objective optimization techniques
  • Applications of single and multi-objective optimization techniques to petroleum fields
  • Methods for uncertainty estimation
  • Reservoir management decisions
  • Field case studies and hands-on practice

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