Well, Reservoir and Facility Management

An Intensive 5-Day Training Course

Well, Reservoir and Facility Management

Maximise Production and Recovery in a Safe, Sustainable & Cost-Effective Manner

Scheduled Dates

24 - 28 Jul 2023 Houston TX - USA $6,950
06 - 10 Nov 2023 Dubai - UAE $5,950
Enroll Now View Online Format In-House Options

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

Why Choose this Training Course?

Why Choose this Training Course? 

Well, Reservoir and Facility Management aims to maximise production and recovery in a safe, sustainable, cost effective manner. This PetroKnowledge training course will help you to maximise the value from your field, by finding, maturing and executing opportunities, at low cost per barrel. The biggest prize for most operating companies is to maximise the value from their existing assets. High field decline wipes millions of barrels from the reserves as well as significant loss in revenues. So prudent management of the reservoir and continuous production system optimisation are critical.

Well, Reservoir and Facility Management is a mindset where dedicated teams work together to unlock potential, manage the reservoir and ensure that reliable wells and facilities deliver the maximum potential, every day. This intensive PetroKnowledge training course will introduce you to the tools that you need to know where your oil and gas reserves are, maximise well delivery, both production and injection, and minimise downtime and losses. The importance of Well, Reservoir and Facility Management Strategy and Plan, with regular reviews, a choke model diagram and a streamlined Opportunity Maturation Process will be demonstrated. Production System Optimisation is also a key component of the course. At the end of this PetroKnowledge training course, the participants will have the tools to maximise the value from your field.

This PetroKnowledge training course will highlight:

  • Well, Reservoir and Facility Management
  • Well, Reservoir and Facility Management Value Loop & Structured Reviews
  • Production System Optimisation
  • Opportunity Maturation Process
  • Well, Reservoir and Facility Management Strategy and Plan

What are the Goals?

What are the Goals? 

By the end of this training course, participants will learn to:

  • Explain what Well is, Reservoir and Facility Management
  • Describe the components of the Well, Reservoir and Facility Management Value Loop
  • Deliver structured reviews to identify opportunities
  • Carry out Production System Optimisation
  • Describe Opportunity Maturation Process
  • Explain how to prepare a Well, Reservoir and Facility Management Strategy and Plan

Who is this Training Course for?

Who is this Training Course for? 

This course is designed for all staff involved with Well, Reservoir and Facility Management. This includes Production Technologists, Process Engineers, Production/Operations staff and other disciplines who wish to broaden their skill base, to include Integrated Sand Management.

This training course is suitable to a wide range of professionals and will greatly benefit: 

  • All Subsurface Staff (Production Technologists, Reservoir Engineers, Geoscientists & Petrophysicists)
  • Process Engineers and Surface Engineers (Mechanical, Pipeline, Maintenance and Integrity staff)
  • Well Engineers
  • Drilling Engineers
  • Well Services personnel
  • Production/Operations Engineers
  • Production Chemists
  • Managers who need to manage Well, Reservoir and Facility Management

How will this Training Course be Presented?

How will this Training Course be Presented? 

Participants will engage in a highly interactive learning experience, with a blend of class room learning, exercises, group work and discussion. The tutor will apply a range of proven adult learning teaching and facilitation techniques, which will address participants’ learning preference styles. Active participation is essential, to share experiences and expertise of the tutor, as well as the participants. We can all learn from each other.

Organisational Impact

By attending this training course, the organisation will develop staff that can apply Well, Reservoir and Facility Management, maximising production and reserves, in a safe, sustainable and cost-effective manner. The organisation will benefit from:

  • Improved Well, Reservoir and Facility Management to maximise production and recovery
  • Better understanding of how the Well, Reservoir and Facility Management Value Loop works
  • Skilled and structured reviews to identify opportunities
  • Continuous Production System Optimisation
  • A streamlined Opportunity Maturation Process
  • A clear Well, Reservoir and Facility Management Strategy and Plan

Personal Impact

The participants will be able to:

  • Implement Well, Reservoir and Facility Management to maximise production and recovery
  • Describe how the WRFM Value Loop works
  • Carry out structured reviews to identify opportunities
  • Apply Production System Optimisation
  • Develop a streamlined Opportunity Maturation Process
  • Prepare a clear WRFM Strategy and Plan

Daily Agenda

Day One: Introduction to WRFM and the Value Loop 

  • HSE (Safety Moment)
  • WRFM Quiz
  • Overview of Well, Reservoir and Facility Management
  • WRFM Value Loop
  • Key Components and structure of WRFM

Day Two: Daily Production Optimisation 

  • HSE (Safety Moment)
  • Overview of Daily Production Optimisation
  • Data at your finger tips
  • Having the right models for analysis
  • Daily Production Optimisation Review
  • Daily Production Optimisation exercise

Day Three: Production System Optimisation 

  • HSE (Safety Moment)
  • Overview of Production System Optimisation
  • Surveillance and Monitoring Tools
  • PSO Review
  • Production System Optimisation exercise

Day Four: Well & Pattern Review  

  • HSE (Safety Moment)
  • Preparation for Well & Pattern Review
  • Well & Pattern Review
  • Opportunity Maturation Process
  • Well & Pattern Review Exercise

Day Five: WRFM Strategy and Plan and Participants Challenges 

  • HSE (Safety Moment)
  • WRFM Strategy and Plan
  • Practical Examples of WRFM
  • Produce the Limit (PtL)
  • Participants WRFM Challenges

Certificate

  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 56 222 7795 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

Download PDF

© 2022. Material published by PetroKnowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.