New Opportunities in Old Fields - NOF - In House Training

New Opportunities in Old Fields - In-house training by PetroSkillsThis course can be conducted on site at your location exclusively for your staff. Don't buy or sell a producing property before taking this course! There is nearly always "upside" in mature oil and gas fields that may be particularly profitable because of existing wells and infrastructure. The keys to successful exploitation of new opportunities include 1) recognition of the new opportunities, 2) quantification of the reserves, 3) evaluation of alternative methods of exploitation, and 4) economic analysis of depletion scenarios. Case studies and class problems address each of these key items and illustrate how new opportunities can be recognized and evaluated for many different types of oil and gas reservoirs. The computer-based problems will provide the delegate with utility programs and solution templates that can be used in the "real world". One personal computer is provided, at additional cost, for each two participants. Appendix Topics: additional information for student reference or class review as appropriate, including decline curve analysis, rock & fluid properties, material balance, fluid displacement & coning, and reservoir simulation Find out more