New Opportunities in Old Fields - NOF
Discipline: Reservoir Engineering
Duration: 5 days
Instructor(s): Curtis Golike, Stanley Kleinsteiber, MHA Petroleum Consultants
Don't buy or sell a producing property before taking this course! There is nearly always upside in mature oil and gas fields that may be particularly profitable because of existing wells and infrastructure. The keys to successful exploitation of new opportunities include 1) recognition of the new opportunities, 2) quantification of the reserves, 3) evaluation of alternative methods of exploitation, and 4) economic analysis of depletion scenarios. Case studies and class problems address each of these key items and illustrate how new opportunities can be recognized and evaluated for many different types of oil and gas reservoirs. The computer-based problems will provide the delegate with utility programs and solution templates that can be used in the real world. One personal computer is provided, at additional cost, for each two participants. Appendix Topics: additional information for student reference or class review as appropriate, including decline curve analysis, rock and fluid properties, material balance, fluid displacement and coning, and reservoir simulation.
"I really enjoyed hearing information on CO2/WF operations and NOF opportunities because that is currently the type of assets I work. I liked the problems and getting to work in groups. I really enjoyed the class and learned a lot from it as well as the fellow people in the course." - Production Engineer, Midland, United States
"The collaborative nature of the course set it apart." - Production Engineer, Houston, United States
Reservoir and production engineers, development geoscientists, asset team leaders, acquisition and divestiture managers, and other technical personnel involved in evaluation and exploitation of reserves in mature fields.
You Will Learn:
- Recognize production and reservoir characteristics of old fields that indicate the potential for increasing reserves and value
- Understand whether existing recovery factors are consistent with those than can be realized with effective utilization of the natural drive mechanism(s) and the appropriate use of improved recovery methods
- Identify under-performing wells or field areas and recommend appropriate intervention
- Determine the upside potential of a field, distinguishing between incremental reserves and reserve acceleration
- Examine alternative re-development strategies by studying case histories and working example industry problems
- Why Opportunities Emerge: nature of reserves growth; operating practices and their effect on new opportunities; the contribution of evolving technology
- Recognizing Opportunities: reservoir characteristics and production performance indicative of new opportunities, unraveling limited data, linking operator practices to new opportunities
- Reserves versus Upside Potential: review of reserve classification, risk assessment, value of new information, data quality control and integration
- Reservoir Heterogeneity and New Opportunities: categories of heterogeneity and their implications for new opportunities, reservoir compartmentalization, application of 3D seismic in old fields, identification of net pay, fractured reservoirs
- Exploitation Opportunities: reservoir enhancement through fluid injection, redevelopment of mature waterfloods, infill drilling, its utility, application, and value; horizontal and multilateral wells including their use in displacement projects, re-completions in stratified reservoirs, de-bottlenecking gathering systems, produced water management, co-production of water for improved recovery
MR. CURTIS L. GOLIKE is an Independent Petroleum Engineering consultant operating out of Golden, Colorado. In addition to his consulting business - James Peak, he acts as the Managing Director of two US prospect generating companies, Emerald Peak Associates and Low Capex Reserves. He has 38 years' experience working for three global oil and gas companies. His specific contributions are in the areas of revitalizing old fields, remote and startup operations, petroleum economics, and introducing new reservoir management technologies internationally. His personal skills are in team development, specifically international cross cultural project teams of industry professionals. He is a registered Professional Engineer in the States of Texas and Colorado. He received a Bachelors Degree in Petroleum Engineering from Colorado School of Mines, and an Executive MBA from UCLA Business School.
MR. STANLEY KLEINSTEIBER is a Senior Petroleum Engineer with MHA Petroleum Consultants Inc., a Denver-based petroleum consulting firm. Mr. Kleinsteiber has over 24 years of petroleum engineering experience and has authored or co-authored papers dealing with production decline type curve analysis, CO2 flooding, and depletion of a rich gas condensate reservoir by nitrogen injection. Since joining MHA he has performed reservoir engineering studies in numerous US basins, Canada and Australia, as well as co-developed an in-house gas reservoir engineering course for clients such as BP, Japan National Oil Company (Tokyo), and EGPC (Cairo). Mr. Kleinsteiber has experience related to exploration well testing in the Mediterranean Ocean offshore Israel. He has also performed field development studies for coalbed methane reservoirs in the Bowen Basin of eastern Australia, and well test analyses for exploration wells in Hungary. Prior to joining MHA, he held various reservoir engineering positions with Amoco Production Company both in their Tulsa, Oklahoma research center and Denver regional production office. Mr. Kleinsteiber's last position with Amoco was Western Business Unit Technology Coordinator where he was an internal consultant to the business unit's engineering staff in the Rocky Mountain and Mid-Continent regions. Mr. Kleinsteiber and his colleagues at Amoco developed the initial plan of depletion for fields in Wyoming and Utah using compositional numerical simulation. His specific contributions were in the areas of fluid property characterization, well testing and simulation studies for various development options. Mr. Kleinsteiber also directs continued development of MHA's GAS3D reservoir simulator and software for production decline type curve analysis. He received a BS in petroleum engineering with highest honors from the University of Oklahoma in 1978.
MHA Petroleum Consultants was incorporated in 1994 to provide a broad range of services from single-well valuations to fully integrated field studies. Their highly-trained professionals have assisted clients in maximizing the performance of reservoirs worldwide. The typical MHA instructor has over 30 years in the industry, and is professionally registered. Find more information at www.mhausa.com
MHA professionals currently instructing for PetroSkills include:
In-House Course Presentations
All courses are available for in-house presentation to individual organizations. In-house courses may be structured the same as the public versions or tailored to meet your requirements. Special courses on virtually any petroleum-related subject can be arranged specifically for in-house presentation. For further information, contact our In-House Training Coordinator at one of the
numbers listed below.
Telephone 1- 832 426 1234
Facsimile 1- 832 426 1244
Public Course Presentations
How to contact PetroSkills:
1-800-821-5933 toll-free in North America or
Address P.O. Box 35448, Tulsa, Oklahoma 74153-0448, U.S.A