The SPE has split the former "Management & Information" technical discipline into two new technical discplines:
- Management
- Data Science & Engineering Analytics
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The SPE has split the former "Management & Information" technical discipline into two new technical discplines:
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Among the key aspects and strategies of Integrated Asset Development & Management (IADM) on enhancing values in hydrocarbon assets are embracing innovative and out-of-box technical and commercial solutions to monetize economically challenging remaining barrels from the producing and mature oil fields. Significant remaining recoverable oil volumes are found in producing and brownfields, especially offshore Malaysia. Historically, mature field infill redevelopment campaigns have been considered as piecemeals, focusing on bigger targets, with multiple revisits stretching over many years. Dr Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS.
Among the key aspects and strategies of Integrated Asset Development & Management (IADM) on enhancing the values in hydrocarbon assets throughout the field life, is to thoroughly understand the field's potentials with the right benchmarks and exampled analogues. Part 4 of this series will elaborate on the application of data analytics and associated solutions, with a focus on data-driven reservoir performance benchmarking on identifying areas of reservoir performance gaps, and formulation of Recovery Factor (RF) improvement plans through effective yet simple to use methodologies and Field Development Plans (FDP) analogues. Dr Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS. He is also Distinguished Industry Advisor and Adjunct Professor at University Technology PETRONAS.
This webinar will focus on pragmatic and innovative, yet simple tactics, to unhide low-risk high-value opportunities in the assets through Integrated Production System & Data Analysis (IPSDA). The overall objective of this session is to generate value efficiently, through improved reservoir and surveillance management, understanding of potential and opportunities, and operating reservoir and production/facility system efficiently. Participants will gain knowledge of risks and uncertainties at the earlier stage while looking at the potentials of any field development, to help facilitate mid-long term decision making in creating value throughout the field life. Dr Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS.
This webcast is setting the scene for a series of talks and will touch upon some standards and process improvement at the industry level (with showcases from Malaysia) and its key principles and value impacts, focusing mainly on Integrated Asset Development & Management (IADM) throughout field/asset lifecycle from exploration stage down to decommissioning and abandonment stage with a focus on Field Development Projects. Dr Rahim graduated from Heriot-Watt University/UK with more than 22 years industrial and research experiences in Middle East, North Sea and Malaysia/SE Asia. He is currently the Chief Technical Officer (CTO) and Group Technical Authority (GTA) & Custodian- Petroleum/Reservoir Engineering in Field Development and Asset Management & Operation in PETRONAS. He is also Distinguished Industry Advisor and Adjunct Professor at University Technology PETRONAS. He is recognized/served as SPE International Distinguished Lecturer in 2011-2012 seasons, received the 2017 SPE Technical Service Award and 2012 SPE Northern Asia Pacific Regional Technical Award on Reservoir Description and Dynamics, received SPE-Kuala Lumpur "Outstanding Technical Award" for 2015-2017 season, recognized & appointed as a member of SPE Regional Technical Advisory Committee in Asia Pacific.
Members of the editorial board and their respective employers are not responsible for the opinions, content, and viewpoints of articles appearing in The Way Ahead. Michael Cronin is the Editor in Chief of TWA. He works as a reservoir engineer in the Upstream Research Company at ExxonMobil. He holds a PhD in energy and mineral engineering (petroleum & natural gas engineering option) from Pennsylvania State University, a master's degree in geological sciences from the University of Texas at Austin, and dual bachelor's degrees in petroleum & natural gas engineering and geosciences (with honors) from Pennsylvania State University, where he received the 2011 Eric A. Walker Award. Cronin is a member of SPE since 2009 and recipient of the 2019 Cedric K. Ferguson Medal and the 2021 SPE Regional Young Professional Member Outstanding Service Award. His technical interests include enhanced oil recovery in ultra-tight reservoirs, gas injection, phase behavior, applied analytical modeling, reservoir simulation, and experimental core analysis. He lives in Houston with his wife Susanna and their three children. Aman Srivastava is the Deputy Editor in Chief of TWA. He is technical advisor-well construction for Halliburton-Landmark. With a bachelor's degree in mechanical engineering from National Institute of Technology, Surat, India, and a master's degree in petroleum engineering from Oklahoma University, and almost 10 years of experience in on-field and off-field drilling activities, Srivastava holds a special interest in well construction engineering. He is a reviewer of two peer-reviewed journals in petroleum engineering, and holds a patent for his design of internal combustion engine. In his free time, he loves watching movies and reading books when he is not busy playing with his daughter and spending time with family. Thomas Shattuck is an Advisor of TWA. He is also a third-year law student at the University of Houston Law Center where he serves as the Chief Notes & Comments Editor of the Houston Law Review. Previously, Shattuck was a research manager for the Deloitte Research Center for Energy & Industrials where he analyzed trends in the global energy markets with a focus on LNG as well as upstream exploration and development.