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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. All three can lead to poor decisions regarding which work to undertake, what issues to focus on, and whether to forge ahead or walk away from a project. 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. Examples are provided including corporate, business unit and department case studies. 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.
Challenges In Drilling and Completion Of Extended Reach Drilling Wells with Landing Point Departure more than 10,000ft in Light/ Slim Casing Design. New Generation of HTHP Water Based Drilling Fluid Changing Conventional Drilling Fluids Solutions. Take Back Control of Your Capital Project with an EPC 4.0 Strategy Stratigraphical - Sedimentological Framework for the Thamama Group Development in the Western UAE Based on the Legacy Core Data: How the Key to the Future is Found in the Past. Ultra-deep Resistivity Technology as a Solution for Efficient Well Placement; Geosteering and Fluid Mapping to Reduce Reservoir Uncertainty and Eliminate Pilot Hole-first Time in Offshore Abu Dhabi, UAE. Performance Comparison of two different in-house built virtual metering systems for Production Back Allocation.
This paper presents a state-of-the-art review of scale-inhibitor-analysis techniques and describes how these techniques can be used to provide cost-effective scale management. Calcium sulfate (CaSO4) in the form of gypsum and anhydrite is one of the more prevalent evaporite minerals typically found in the carbonate rocks of the western Canadian sedimentary basin (WCSB).
The chemical reactions creating buildups of scale that can clog a well can be replicated in a chemical lab, but researchers are finding many more variables on the surfaces of pipes that need to be considered. At the 2017 SPE Oilfield Chemistry Conference, an assistant professor from Heriot-Watt University discusses the optimization of squeeze treatments delivered by diving support vessels. This paper describes a novel method of chemical dosage based on time-resolved fluorescence (TRF) that allows a simple, accurate, and efficient quantification of chemicals below parts-per-million ranges, even for double (scale/scale, scale/corrosion) quantification. Rigless coiled-tubing-unit (CTU) interventions can be effective in returning to production wells that have lost electrical-submersible-pump (ESP) efficiency because of organic, inorganic, or mixed scale deposits. The gas-producing carbonate zones of the Ghawar field in eastern Saudi Arabia have been affected by extensive iron sulfide (FeS) scale deposition, reducing overall gas production and increasing risks during well interventions.
This paper describes various sulfide inhibitor-testing techniques that have been applied to candidate products for the management of zinc sulfide (ZnS) and lead sulfide (PbS) in a gas/condensate field with a known relatively severe ZnS/PbS scaling problem. Mixed carbonate-/sulfide-scale problems have been reported when water is produced from carbonate reservoirs. This study presents interactions of lead sulfide and zinc sulfide coprecipitating with calcite.
Researchers use novel methodology to measure the thermo-electric properties of native crude. This paper presents an integrated approach to evaluate the key elements of asphaltene risk for deepwater projects, the strategy to manage the issues during production implementation, and aspects to be considered in the mitigation of asphaltene in the field-development plan. This paper presents a methodology that begins by determining the ADE in the laboratory. Asphaltene precipitation and deposition in production tubing and surface facilities are well-documented issues, and different methods are available to manage them.
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The basic objective of this course is to introduce the overview and concept of production optimisation, using nodal analysis as a tool in production optimisation and enhancement. The participants are exposed to the analysis of various elements that help in production system starting from reservoir to surface processing facilities and their effect on the performance of the total production system. 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.
Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins. The complete paper discusses the importance of adequate preparation and the approaches used to overcome challenges of EOR operations, including handling back-produced polymer. Several well-stimulation products and techniques have been seen to benefit well productivity from recent field trials and implementations in carbonate reservoirs, including simpler acid fluid systems, integrated work flows, and coiled-tubing bottomhole assemblies. Researchers use novel methodology to measure the thermo-electric properties of native crude. Business Development VP Kirstie Boyle joins The SPE Podcast to talk startups.