Course Duration: 4 days | Time: 9am to 1pm | Course Locations: VILT, Lagos, Houston, Vietnam, Bali
Have you ever wonder why there are parts of the world where expected average ultimate oil recovery factors (URF) are exceeding 50% even in challenging offshore environments like the Norwegian and UK North Sea while in many parts of the world the expected URF is averaging between 30% and 40%? From our observations in working in various countries we see that the role of host government plays a very important role in driving the implementation of key differentiating technologies to maximize oil recovery and value for all stakeholders. For example, early implementation of water-alternating-gas (WAG) technology in many Alaskan oil fields yielded URF exceeding 50% and in some cases reaching 70%. Another example, the early deployment of waterflood, EOR and 4D seismic in the North Sea yielded average URF in the UK and Norwegian sectors to be above 50% despite a very challenging offshore environment. Our observation is that in both cases the host government played key roles in working with and in some cases challenging operators to consider, evaluate and implement relevant technologies early on in the field development. In this workshop, we will discuss key technologies required to maximize oil recovery and how host government can constructively drive and push for their implementations to maximize oil & gas recoveries. Several case studies will be presented. Videos will be played to compliments the lectures. Participants are encouraged to give a 15 minutes presentation of own challenges and blockers. All selected presentations will receive feedbacks from instructors and other participants.
Maximizing Host Government Value