This seminar will teach participants how to identify, evaluate, and quantify risk and uncertainty in everyday oil and gas economic situations. It reviews the development of pragmatic tools, methods, and understandings for professionals that are applicable to companies of all sizes. The seminar also briefly reviews statistics, the relationship between risk and return, and hedging and future markets. Strategic thinking and planning are key elements in an organisation’s journey to maximise value to shareholders, customers, and employees. Through this workshop, attendees will go through the different processes involved in strategic planning including the elements of organisational SWOT, business scenario and options development, elaboration of strategic options and communication to stakeholders.
This paper discusses the first multilateral well with a Level-4 junction combined with an inflow-control device (ICD) planned, designed, and drilled in the Upper Burgan reservoir of Raudhatain field, north Kuwait. Several designs for autonomous inflow-control devices (AICDs) are available. The comparative properties and abilities of these designs are the focus of this paper. As part of a project that involves the use of four artificial islands to drill and complete more than 300 extended-reach-drilling (ERD) wells in a giant offshore oil field, several completion designs have been piloted for brownfield development.
Multilateral wells with smart completions controlled by different flow-control technologies offer great operational flexibility, with each lateral able to be operated and optimized independently. The use of intelligent software is on the rise in the industry and it is changing how engineers approach problems. A series of articles explores the potential benefits and limitations of this emerging area of data science. This paper discusses the first multilateral well with a Level-4 junction combined with an inflow-control device (ICD) planned, designed, and drilled in the Upper Burgan reservoir of Raudhatain field, north Kuwait.
The operator piloted a new well-completion design combining inflow-control valves (ICVs) in the shallow reservoir and inflow-control devices (ICDs) in the deeper reservoir, both deployed in a water-injector well for the first time in the company’s experience. This paper discusses the first deployment of an ICD system combined with an OBC system for a workover operation in a mature producer well in the Kingdom of Saudi Arabia. With the objective of increasing its production to 4.0 million BOPD, the Kuwait Oil Company (KOC) is developing its fields with optimum technology solutions. This paper discusses the first multilateral well with a Level-4 junction combined with an inflow-control device (ICD) planned, designed, and drilled in the Upper Burgan reservoir of Raudhatain field, north Kuwait. Work conducted in the Surmont field of Alberta, Canada, provided an excellent starting point to optimize flow-control improvements to the SAGD process.
Green fields today mostly can be regarded as marginal fields and successfully developed. It covers the complete assessment of the oil and gas recovery potential from reservoir structure and formation evaluation, oil and gas reserve mapping, their uncertainties and risks management, feasible reservoir fluid depletion approaches, and to the construction of integrated production systems for cost effective development of the green fields. Depth conversion of time interpretations is a basic skill set for interpreters. There is no single methodology that is optimal for all cases. Next, appropriate depth methods will be presented. Depth imaging should be considered an integral component of interpretation. If the results derived from depth imaging are intended to mitigate risk, the interpreter must actively guide the process.
Decisions in E&P ventures are affected by Bias, Blindness, and Illusions (BBI) which permeate our analyses, interpretations and decisions. This one-day course examines the influence of these cognitive pitfalls and presents techniques that can be used to mitigate their impact. Bias refers to errors in thinking whereby interpretations and judgments are drawn in an illogical fashion. Blindness is the condition where we fail to see an unexpected event in plain sight. Illusions refer to misleading beliefs based on a false impression of reality.
Moving their directional drillers into their Houston real-time remote operations centers has improved drilling efficiency for two of the top shale producers. This paper presents a factory-model approach to improving CT drillout performance that has been used successfully for more than 3 years and has become standard practice. The oil industry is currently undergoing a technological transformation that will add value, improve processes, and reduce cost. Future drilling engineers will have knowledge of robotics, automation, and organizational efficiency, which is highly appealing for recruitment. This paper describes challenges faced in a company’s first deepwater asset in Malaysia and the methods used to overcome these issues in the planning stage.
Ali Khan, Farhan (Weatherford) | Antonio Sierra, Tomas (Weatherford) | Gabriel Imbrea, Robert (Weatherford) | Robin Edwards, Michael (Weatherford) | Al-Rushoud, Ali (Kuwait Oil Company) | Al-Abdulhadi, Fahad (Kuwait Oil Company) | Shehab, Abdulaziz (Kuwait Oil Company) | Al-Ajeel, Fatemah (Kuwait Oil Company)
Project deliverables included gravel foundation preparation, concrete foundation installation, equipment reception and installation of conventional beam pumping units at 660 production wells in a remote field in Kuwait with a deadline of six months from equipment arrival. Equipment shipments schedules were sequential and therefore an execution strategy was required to successfully meet the project deadline. This paper describes the field operations strategy devised and adopted to successfully meet the deadline. A temporary operations base was set up at the remote field for coordination, equipment reception, inspection, consolidation, pre-assembly and dispatches. Operations were divided into six parallel processes as follows: 1. Equipment logistics 2. Gravel foundation preparations 3. Concrete foundation installations 4. Unit Pre-assembly 5. Pre-assembled units dispatches 6. Final unit installations Daily output targets were set for each process prior to the commencement of operations.