Conference Day Two
Wednesday 12th August 2020
7:30 am Conference Registration & Networking
8:00 am Executive Chair’s Welcome & Opening Remarks
8:15 am Monograph 5: Achieving Reliable Results when Developing Type Well Profiles
Synopsis
- Looking at a holistic and comprehensive understanding of Monograph 5 to reliably estimate reserves using TWPs
- Understanding industry standards and looking to the future state of Monograph 5
- How to incorporate Monograph 5 into your workflow for improved results
8:55 am Moving Away From a “Cookie-Cutter Choke Strategy” to Focus on a More Robust Draw-Down Management Strategy
Synopsis
- Delving into the benefits of focusing on a draw-down strategy to normalize production and estimate type curves more reliably
- Developing a draw-down management strategy to optimize well performance and mitigate EUR losses by reservoir fluid type
- Learning from technical case-studies to see the limitations of extrapolating early time production analysis for long-term EUR estimations
9:35 am In-Depth Focus Session: Can You Use TWPs & Type Curves to Estimate Reserves More Reliably?
9:55 am Networking & Refreshments
10:25 am Rethinking the Correlation Between Well Performance & Well Completion Design in the Permian Basin
Synopsis
- A comprehensive understanding of the best completion design to optimize well performance
- Considering how different completion designs will impact fracture dimensions and well performance
- Examining complex modeling and reservoir simulation technologies to optimize completion and well spacing
11:05 am Moving Away From Traditional DCA by Using Machine Learning to Predict EUR & Optimize Reservoir Design
Synopsis
- Looking at practical case-studies to build trustworthy data for reserves estimation
- Exploring design optimization and well-spacing optimization to reliably estimate reserves
- Improving statistical knowledge to effectively incorporate data
11:45 am In-Depth Focus Session: Which Technologies Can You Now Focus on to Improve the Reliability of Your Results
12:05 pm As Record Numbers of Bankruptcies Are On the Rise, How Can We Tackle Over-optimistic Forecasts?
Synopsis
- What can we learn from recent over-estimation concerns to improve future longterm well production forecasts?
- Understanding the complex relationship between B Parameters, parent-child well spacing and flow-regime changes
- Learning from past mistakes: looking at real-life case studies to take into account individual characteristics of wells when determining the B Parameter
12:20 pm Networking Lunch
1:20 pm Should You Blame the Parents? Rethinking Parent-Child Relationships in the Haynesville
Synopsis
- Analyzing existing performance and completion strategies to determine best practices in the Haynesville to maximize production
- Looking at best practices to mitigate negative impacts related to parent-child well interactions
- What insights have we gained and how can we apply those to future Haynesville wells?
2:00 pm An Integrated Way of Reserves Estimation to Improve Reliability: A Field Case Development in Vaca Muerta Formation
Synopsis
- Advancing an integrated approach to prevent overestimation and understanding the allocation of proved, probable and possible reserves
- Integrating initial data with Rate Transient Analysis (RTA) to effectively estimate a well’s parameters
- Combining volumetrics, reservoir simulation, Rate Transient Analysis and Decline Curve Analysis for improved reliability in reserves estimation
2:40 pm Networking & Refreshments
3:10 pm Real-Time Productivity Index Tracking for Flow Back Optimization in Shale Reservoirs
Synopsis
- Practical lessons learned from BP’s recent field experience in real-time productivity index tracking
- What’s worked, what’s not, and what’s needed to achieve even greater flow back optimization?
- Identifying next steps to increase the effectiveness of real-time productivity index tracking
3:50 pm In-Depth Focus Session: There Are Only so Many Molecules: Understanding GOR Behaviour & How it Changes Over Time
Synopsis
- What does the production of oil indicate for gas production?
- Understanding how the shape of the decline curve and the consistency of trends differ depending on the GOR
- Evolving to a better undertanding of GOR to compare yield changes of a reservoir