Maximize Oil Field Life Cycle Value by Incorporating IOR and EOR (VILT)

Started on January 1, 2021 4 days

Course Duration: 4 days | Time: 9am to 1pm | Course Locations: VILT, Lagos, Houston, San Diego

Course Description

This short class is intended for leaders and decision makers who want to be exposed to life cycle planning incorporating the various IOR and EOR options to maximize oil and gas recovery from their fields. The Key IOR and EOR processes such as horizontal wells, artificial lift, water injection gas/WAG, chemical and thermal will be discussed. Key risk/uncertainties often associated with these projects and de-risking strategies will be discussed. 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 to increase production and reserve.

2.What is life cycle planning why is it relevant to your business?
3.What are the major oil field development options? Primary recovery Secondary recovery (waterflood and/or others) Tertiary recovery (EOR) Other considerations: artificial technology and well design
4.Case study Offshore North Sea Onshore North America
5.Key factors to consider when incorporating IOR/EOR
6.Subsurface data/factors to require beyond conventional developments
7.Tools and techniques
8.Key risks/uncertainties and de-risking strategy
9.Development of project delivery roadmaps Team and Capability requirements to implement IOR/EOR
11.Environmental and risk factors impacting the field’s net present value (NPV)
12.Participants presentation and feedbacks
13. Class exercise

All who is interest in pushing their team members to maximize economic oil recovery beyond the limit of current operations and technologies Participants are encouraged but not required to bring own laptop with Excel software installed to do class exercises.

Maximize Oil Field Life Cycle Value by Incorporating IOR and EOR



Product ID: 1390

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