WHO SHOULD ATTEND

Reservoir engineers, exploitation engineers, reserve evaluators, commercial analysts, geoscientists, and anyone who might be somewhat involved or interested in reserve evaluations using reservoir engineering tools.

COURSE Outlines

This case study based workshop is designed for reservoir engineers, reserve evaluators, commercial analysts, and geoscientists, who are actively engaged in practicing conventional reservoir engineering toward reserve evaluation, classification and financial book reporting. Half of the workshop time will be spent to the class exercises, and the other half the instructor will use the case studies to explain reservoir engineering principles and hands-on skills.

COURSE CONTENT

Fundamentals of Reserve Evaluation:

Definitions (SPE, SEC, etc)

Classification and Filing

Reserve/resource progression map

Certainty & uncertainty

Technical and commercial assessment criteria:

Key technical evaluation components

(trap/seal, hydrocarbon column, fluids, petrophysics, drainage efficiency, flow assurance, recovery factor, well facility)

Key commercial evaluation components

(commodity development rights, PSA/royalty, sales/exporting, development commitment)

Analog & Volumetric Methods:

Use of analogies for volumetrics and performance evaluations

Volumetric evaluations; hydrodynamics; gross volumes; recovery evaluation methods

Probabilistic Estimates with MS Excels:

Generating distributions (uniform, triangular, normal, lognormal)

Distribution analysis of key input data for probabilistic evaluations

Monte Carlo simulations of hydrocarbon-in-place & forecast

Use of Well Test for Reserve Evaluations:

Role of well test in reserve evaluation

Flow assurance/deliverability

Designing a well test toward reserve evaluations

Linking well test data to drainage size/OOIP/OGIP & performance

Performance Based Evaluations:

Gas material balance (depletion & water mechanism)

Relating reservoir pressure to hydrocarbon-in-place

Declines vs. production data (Arps, Fetkovitch, Glasingame, & FMB methods)

Commercial Planning and Economic Modeling:

Integrating technical & commercial data toward reserve bookings & project planning

Reserve progression vs. development depletion plan

What you will learn:

Fundamentals of reserve definitions, classifications, and commercial filings Sample reserve reporting regulations (SEC and SPE)

Differences between geoscience's evaluation and engineering/commercial booking
Key reservoir engineering parameters of reserve evaluation/progression process
Practical skills of using basic reservoir engineering tool kits to perform reserve evaluations (analog, volumetrics and performance-based techniques)
Reserve category labeling based on reservoir engineering assessment results
Reserve assessment uncertainty quantifications

LOCATION

First day will be held at the Sofitel Hotel, in Cairo. The participants will fly the next day to Hurghada to continue course the course.

COURSE FEES

FIVE DAYS U.S.$ 1750
The cost is inclusive of course manual, guidebook, and accommodation in Hurghada.

INSTRUCTOR PROFILE

Dr. Andrew Chen has worked with BP, AJM Petroleum Consultants, Schlumberger and other companies as operation reservoir engineers and reserve evaluators, responsible for operation reservoir engineering, oil and gas reserve and resource estimates, economical forecast and budgeting, acquisition and deposition, equity financing, and mid-stream supply studies.

Dr. Chen specializes in formation testing with wireline testers in most aspects of WFT application and interpretation, from pressure gradient error analysis and fluid contact uncertainty quantification, fluid identification/sampling, to permeability tests, WFT as DST alternatives, and operation program designs

Between 1986-1991 he was a university lecturer teaching reservoir engineering before he worked with Schlumberger Canada for 6 years, providing a variety of technical and interpretation reservoir engineering support. Dr. Chen earned his PhD degree in mechanical engineering at University of Manitoba, Canada, and over the years has several publications in the SPE proceedings, and other technical journals. He has worked on consulting projects from Canada, the Gulf of Mexico, Africa, SE Asia, Australia, Central Asia, and North Sea.