Drilling Optimization

Day 1

Day 1 - What is Drilling Optimization?

 

• Introduction
• Drilling Cycle Workflow Process
• Drilling in the upstream value chain 
• Estimating Drilling Times and the Technical Limit
• KPI qualities

The course will begin with a review of what drilling optimization is and is not, by defining and understanding the well design process from the viewpoint of optimal, efficient operations. The class will discuss drilling risks which are manageable and highlight constraints involved in the well construction process. Students will debate about why it should exist, how and what is key regarding Key performance indicators.

Day 2

Day  2 - Introduction to Probability and Risk

• Probability distributions
• Graphical representation for probabilistic times and costs
• Introduction to Risk Management

 Important concepts regarding designing smart KPIs will be provided. Additionally Probability basics will be studied in the drilling context to obtain the key elements to optimize drilling times and costs. At the end an introduction to risk management applied to drilling will be given.

Day 3

Day  3 – Risk Management,  Drilling Mechanics and Shock and Vibrations

• Monitoring Risk and Drilling Optimization
• Quantifying Risk Impact
• Monetizing Risk Prevention in Drilling Optimization.
• Shock and vibrations
• Drilling dynamics

Students will link this day a two fundamental concepts. We cannot optimize if we don't take into account the risk to increase drilling incidents. Key techniques to identify, quantify and prevent risks will be seen in the course. Additionally we'll analyze one of the most expensive and costly risks while drilling, all kinds of drilling shock and vibrations, its dynamics and the measures we can take to design the well to optimize dynamics, avoid this type of incidents and improve drilling performance.

Day 4

Day  4 - Total ROP Enhancing Techniques and Technology

 

• Measuring key drilling parameters among other key variables in the drilling processes.
• Hole Cleaning and ROP enhancing Techniques
  
• Drilling dynamics and ROP enhancing Techniques
• Remote monitoring and  ROP enhancing Techniques

Students will have an introduction about key drilling parameters and additional variables analysis to monitor and design optimal to enhance ROP. Additionally will have an introduction about hole cleaning, drilling dynamics design key concepts and extra ROP enhancing techniques to design and executed a more optimal drilling operation and enhance ROP. Lastly the students will have an introduction about key real monitoring techniques to learn from execution, design better wells and properly surveille wells.

Day 5

Day 5 - Well Design, Execution, Optimization and Continuous Improvement Processes

 

• The optimized well design process
• Assessing performance
• Computerized technical and management variables modeling
• Learning from execution
• Monetizing drilling optimization efforts.

Students will be exposed to the complete well design process, now optimized using all tools and techniques learned thru the course. In this macro scope students will learn how to asses integral performance taking into account risks and ROP enhancements techniques and technology. We'll drive students thru the multiple options to do computerized modeling about key drilling technical and management variables. Students will learn about learning from execution techniques. Additionally about integrating comprehensive analysis about drilling optimization and risk management, and about monetizing drilling optimization efforts.