Conference Day Two

Wednesday 12th August 2020

7:30 am Conference Registration & Networking

8:00 am Executive Chair’s Welcome & Opening Remarks

  • Rod Sidle Industry Advisor, Society of Petroleum Evaluation Engineers

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

  • Hongjie Xiong Director & Senior Advisor - Reservoir & Production Enhancement, The University of Texas System

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

  • Carlos Berto Development & Reserves Manager Business Development Department, Tecpetrol

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

4:30 pm Executive Chair’s Closing Remarks

4:45 pm Close of Day Two