Ensure Your Next Well Performs Better Than Ever
Sponsored by: Lloyd's Register
- Model Wells
- Reservoir Modelling
Date: 10 April
Days to go: 18
Time: 10:00AM UK
Achieve increased returns by using advanced and revolutionary modelling
Oil demand is still growing globally, and as governments and authorities become ever more concerned with maximising economic recovery, newer ways of developing and maximising return from reservoirs and fields is required.
When selecting well completions the cost is often one of the main factor, as the cost of different wells and different completions are relatively easy to calculate, the value is a greater challenge. But what if you could predict the lifetime value of your completion and maximise recovery at the same time?
Conventional reservoir modelling and well modelling do not adequately capture the geometry and flow in to and through different completions and lead to poor prediction and unreliable prediction of value.
Using available computational power, it is now possible to model wells and completion geometry accurately in three dimensions within a simulated reservoir. This enables accurate prediction of the impact of different well designs and well operation on well performance and ultimately the value of different wells on oil recovery. Well length, trajectory, diameter and completion can be explored in detailed models to optimise the design and attribute a value to the options available. In this way the true value of different completions including perforations, hydraulic fractures, in well controls such as ICDs and ICVs can be determined before they are deployed in a particular reservoir or interval.
Every reservoir is unique, and therefore a one size fits all to completions will not provide maximum return or value. You need a way to find the optimal completion for each individual well and reservoir. How much more productive could your wells and fields become if you found the ultimate completion for each individual well and reservoir, and at the same time predict the value of this completion?
This webinar will show how to find the optimal completion for each well, and how value can be quantified for various well and completion types, leading to better decisions and a focus on recovery and value as well as cost.
Join the webinar to find out how you can eliminate speculation, improve prediction and enhance your production.
Global Head of Rock Properties, Lloyd’s Register
A graduate of University College Dublin, Michael has worked in the oil industry for twenty-nine years. He has written and presented training courses and acted as a consultant to major oil companies worldwide. Numerous technical publications include key SPE papers on drilling and completion related formation damage mechanisms.
Principal author of papers on recommended laboratory practice and on description of formation damage mechanisms. More recently, Michael has pioneered the use of computational fluid dynamics for well inflow modelling and has several patents granted in relation to this process. He has served SPE as technical editor, short course instructor and Steering Committee member and session chair at several SPE conferences, workshops and forums.
Michael chaired the 2013 SPE European Formation Damage Conference and is twice an SPE distinguished lecturer.
Senior Fluid Dynamics Consultant, Lloyd's Register
An expert in the field of Computational Fluid Dynamics (CFD), from Aircraft and Formula 1 Aerodynamic Design to Oil and Gas near wellbore / reservoir modelling including erosion analysis.
After working for Airbus and Caterham Formula 1 Team, Lesmana joined Lloyd’s Register in 2012, and has had an instant significant impact in enhancing the Rock Properties Group Fluid Dynamics modelling capability to offer solutions to numerical near wellbore simulations; from quantifying formation damage impact on well productivity, optimising well completion design, coupled reservoir-well inflow to predicting erosion behaviour on top side facility components.
Key Learning Objectives
- Learn how you can bridge the gap between well and reservoir
- How you can predict the value of your well
- Find the optimum completion which gives you best return
- What can we learn from other industries, like F1, who are much more advanced at using CFD modelling
- Technical Engineers
- Asset Managers
- Country Managers
- Technical Directors
- C levels