Fundamentals of Field Development Planning

This Field Development Planning course provides participants with an opportunity to learn the fundamental approach for working and writing a Field Development Plan.  The plan is a document that is an output of a sequence of decision and discipline based tasks designed to come up with a development plan.  It is, also, a basis for coming up with a robust way of developing, producing, and maintaining hydrocarbon resources.  A Field Development Plan forms an input for designing associated surface facilities. Combined documents, both subsurface and surface, form the basis for the financial decision.

The participants will be introduced to all of these concepts as they are applied to the process of coming up with a development plan in relation to the reservoir life cycle.  This course will acquaint engineers, geoscientists, and operating personnel with the basic techniques used by asset management teams. 

• Agenda
• Audience
• Prerequisites

• Agenda

  Day 1

  FDP Overview

  • Reservoir Management Concepts and Processes
  • Integrated Reservoir Study - People and Skills
  • Essentials of Robust FDP
    • Field Development Options
    • Project Stakeholders
    • Risk Management Process
    • Risk Register
  • Field Development Planning Template

  On the first day, participants will learn the phases of a reservoir life cycle, the reservoir management process and concepts, team structure in integrated reservoir studies.  Essentials of robust FDP will also be discussed. The day will end with a discussion on the Field Development Planning Template.                

  Day 2

  Reservoir Model – Static

  • Integrated Field Planning: Key Elements
  • Structural Framework
  • Facies Modeling - Depositional Systems
  • Property Modeling – Petrophysics
  • Property Modeling – Geophysics
  • Elements of Static Model Building   

  Day two of this course will focus on the Static Reservoir Model. Participants will learn about the key elements of an integrated field planning. Elementys of Static Model Building will also be discussed.

  Day 3

  Reservoir Model – Dynamic

  • Dynamic Model – Upscaling
  • Dynamic Model – Initialization
  • Dynamic Model – Building
  • Dynamic Model – Calibrating
  • Predicting Performance
  • Example Development Scenarios

  Day three will focus on the Dynamic Reservoir Modeling.  Specifically, on this day, participants will learn how predicting performance by dynamic model helps robust filed development planning.

  Day 4

  Facilities, Economics and Optimization

  • Surface Facilities
  • Development Plan Optimization
  • Project Ranking
  • Expected Value and Value of Perfect Information

  On day four, participants will learn the importance of surface facilities in field development planning.  Economical analysis and optimization of development scenarios, project ranking will also be discussed.  The ay will end with learning the expected value and value of perfect information.

  Day 5

  Development Examples – New Field , Mature Field, Waterflood

  • Field Development at Different Stages of Reservoir Life Cycle 
    • Appraisal
    • Developing
    • Producing
    • Monitoring Production
    • Phases of Production
    • IOR/EOR
  • FDP Examples
    • New Filed
    • Mature Field
    • Waterflooding

  The last day of the course will continue with the review of Field Development Plan concepts.  Participants will also learn about the reservoir appraisal and development planning.  The day will end with generic examples of field developments.

• Audience

  This course is designed to for multi-disciplinary asset teams of operating companies comprising of engineers, geoscientists, and managers who are involved in or will be involved in developing hydrocarbon resources.

• Prerequisites

  Engineering or Geoscience background.

• Prerequisites