Thursday, 25 April 2013

SPE Applied Technology Workshop: Marginal Field Development

 

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SPE APPLIED TECHNOLOGY WORKSHOP

"Marginal Field Development"

16-19 June 2013 | The Westin Resort & Spa, Langkawi, Malaysia

 

Different national oil companies (NOCs) and international oil companies (IOCs) often have their own definition of the term "marginal field", however, the generally accepted meaning refers to "an oil field that may not produce enough net income to make it worth developing at a given time. However, should technical or economic conditions change, such a field may become commercial field."

There are a number of parameters that can affect commercial viability including environmental concerns, need for good reservoir understanding/management, project risks and risk management, schedule to first gas/liquids, surrounding infrastructure, a sound contracting strategy, fiscal terms, political stability, and the price/price stability of the produced gas/liquids.

This Applied Technology Workshop will promote a thorough understanding of the complexities in developing marginal fields through focusing on technological requirements and commercial viability through in-depth discussions on the following subject matters:

  • Characteristics of Marginal Fields and Estimation of the Hydrocarbon Resource Assessment
  • Uncertainty in Reservoir and Production Management
  • The 'Balancing Act' with Risk Management Associated to the Marginal Field Development
  • Diversion from Conventional Project Development Phases
  • Innovative Development Solutions
  • Current and Emerging Technologies
  • Cost Effective Development Solutions
  • Fit for Purpose Production Facilities
  • Effective Contracting Strategies Including Fiscal Terms
  • Case Histories Highlighting the Good and the Bad

Who Should Attend?      
The workshop is designed for practicing professionals who work directly or indirectly in any of the following areas:

  • Asset Management
  • Commercial & Economics Management
  • Facilities & Production Engineering
  • Geoscience & Geophysics
  • Petrophysics
  • Reservoir Engineering
  • Drilling & Well Completion Engineering
  • Project Management
  • Business Development

TRAINING COURSE
The Art of Green Field Development:
The Challenge of Uncertainties and Risks
16 June 2013  |  0900-1700 hours
Instructors: Dr. Abdolrahim Ataei, PETRONAS and Dr. Keng Seng Chan, PETRONAS
 

Green fields today mostly can be regarded as marginal fields and are successfully developed. This one-day course elaborates the strategies for green field development. It covers the complete assessment of the oil and gas recovery potential from reservoir structure and formation evaluation, oil and gas reserve mapping, their uncertainties and risks management, feasible reservoir fluid depletion approaches, and to the construction of integrated production systems for cost effective development of the green fields.

Do you know your Green Field?

 

  • How marginal is your field? Basic definition and challenges
  • Reservoir's Structure, Connectivity, and Uncertainties
  • Drive Mechanisms and Development Strategy (Phasing)
  • Managing the Development Risks

 

Where are the Oil and Gas Reserves?

 

  • Oil and Gas Distribution and Uncertainties
  • Determination of Potential Reserves
  • Decision Tree and Scenario Definitions to Handle Low Case
  • Clustering Small Fields

 

How to deal with uncertainties?

 

  • Well Placement, Optimisation and Design
  • Early Production Systems
  • Surface and Subsurface Integration to Save Cost
  • Role of New Technology and Data Acquisition

 

Can you add value and lower cost?

 

  • Well Design and Completion: A life saver!
  • Low Cost Well Architecture
  • Smart Well Completion
  • Surface Production System Integration

 

Who Should Attend?

 

  • Reservoir Engineers
  • Geologists and Petro-Physicists
  • Drilling and Completion Engineers
  • Production Engineers
  • Field Development Managers
  • Oil Field Investment Financial Analysts

*Attendees of SPE training courses earn 0.8 CEUs for each day of training. 

For detailed information about the course or about the instructor, kindly visit the training course page or contact Hanna-Rose Abdul Jalil at Tel: +60.3.2182.3157 or Email: trainingapac@spe.org.

 


Connect with us:  

 

Please visit the SPE website at http://www.spe.org/events/13alan/. For further information,
contact Shakthi Theasinggerajan, Event Coordinator at SPE Asia Pacific Office at
Tel: +60.3.2182.3000 or E-mail:
strajan@spe.org.

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