SPE WA Lecture Series:Using Integrated Asset Modelling to Improve Oil and Gas Planning Decisions in a Volatile Market
Using Integrated Asset Modelling to Improve Oil and Gas Planning Decisions in a Volatile Market
Integrated asset models provide a pathway for planners and engineers to combine their views from often conflicting objectives. IAM tools enable optimal hydrocarbon resources to be recovered by oil and gas companies. The details required for building an asset model depend on the type of optimization problem we strive to address. It is common practice for E&P companies to use the same tools for optimizing different types of reservoirs; however gas reservoirs are significantly different to manage when compared to oil reservoirs.
Asset management teams in E&P companies, joint venture partners and Government regulatory authorities rely upon the Integrated Asset Models for making informed decisions.
There are a number of applications for IAMs and this presentation will focus on:
Presenter - Dr Andrew Wadsley
Dr Andrew Wadsley has more that thirty-nine years’ experience in the petroleum industry - starting as a well-site petroleum engineer with Shell International in 1975, and has been a consultant petroleum engineer for over twenty-five years.
Online registration for this event has closed
April Distinguished Lecturer - Unconventional Reservoirs Require Unconventional Analysis Techniques
Unconventional Reservoirs Require Unconventional Analysis Techniques
Rate Transient Analysis (RTA) has become very popular over the past decade as a theoretically robust, yet very practical tool for well performance evaluation, making use of continuously measured production rates and flowing pressures which are collected as part of good production practices. With the advent of unconventional resource plays (particularly shale gas and liquids-rich shale plays), these "RTA" techniques have evolved significantly, adapting to much greater reservoir and completion complexity; and accommodating the availability of much richer and varied data sets.
In light of these recent developments, it is easy to become lost in the details when trying to analyze unconventional reservoirs, particularly when one considers the complexities of flow behavior, pressure-dependent reservoir properties, HP/HT phase behavior, and the challenges of the well completion geometry. This presentation describes how and why RTA techniques evolved as they have over the years, starting with relatively simple conventional (high permeability) reservoir systems and progressing to the complexity of fractured, ultra-low permeability systems. Techniques specific to unconventional reservoirs are presented — and the strengths, limitations, and applications are discussed. These techniques are demonstrated using real field production data.
SPE Annual Scholarship Fundraising Golf Day
On behalf of the Society of Petroleum Engineers WA Division, we would like to warmly invite you to participate in the Annual SPE Scholarship Fundraising Golf Day.
Joondalup Resort, Friday 1st May
Play will be in the afternoon, with access to the driving range and practice greens prior to commencement. Food and beverages will be available to players throughout the day
Following the golf is a sit down buffet dinner with drinks and presentation of prizes.
Prizes for 1st, 2nd and 3rd and Skill Prizes
In past years industry associated companies have generously sponsored SPE golf days ensuring a successful event and the continuation of SPE student scholarships to local petroleum engineering students. All monies raised goes towards student scholarships.
Book your Flight of 4 today! Please indicate TBC if any names/handicaps are unknown and confirm at registration on the day.