Description

About this training

Mature fields differ from green field developments in that major infrastructure is in place, static reservoir data has accumulated from development drilling and a growing volume of production and processing performance data has become available. Decisions therefore relate to incremental projects, which may be small in scope and are often economically marginal. A firm understanding of the technical fundamentals associated with reservoir, wells and surface facilities is therefore required to make quality decisions in this environment, supported by realistic uncertainty ranges, and consistent application of incremental project economics and risk analysis. Various strategies may be considered to manage the mature asset, from harvest to divest, and the selected incremental activities should support a clear chosen strategy.

Training Objectives

Upon completion of this course, participants will be able to:

Characterize the overall challenges associated with mature field developments
Evaluate critical insights from subsurface data and apply this to modelling options and recovery methods
Assess associated well data, typical late life issues and drilling and completion options for mature developments
Manage the role of risk and uncertainty when making mature field development planning decisions
Prepare a strategy and implementation plan

Target Audience

The course is intended for individuals who play a part in evaluating, screening and maturing oil and gas field development opportunities. The following personnel will benefit from the knowledge shared in this course:

Petroleum engineers
Geoscientist
Facilities engineers
Commercial staffs
Reservoir engineer
Production engineer
Drilling engineer
Project manager
Asset manager
Field engineer
Exploration manager

Course Level

Basic or Foundation

Trainer

Your expert course leader, boasts nearly four decades of experience in the upstream oil & gas industry. He began his career in the back in 1982, spending 13 years with Shell International across several global locations. During his tenure, he served primarily as a reservoir engineer, contributing to exploration prospect evaluation, field development planning, corporate business planning, and drilling operations. Throughout his career, he has executed a diverse range of reservoir engineering projects for multiple UK and international firms, and has successfully led several PE study teams. Furthermore, he has continuously provided reservoir engineering and commercial training to oil company staff on a national and international scale.

POST TRAINING COACHING SUPPORT (OPTIONAL)

To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable

Accreditions And Affliations

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Mature Field Development and Management

By Asia Edge

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