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Implementation of Reservoir Development Strategies
(Duration: 8:00:00)
Price: $125.00
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12 months
Competency Statement: Develop a strategic scenario and budget for implementing a reservoir development scheme and producing actual reserves.

Learning Objective: Upon completion of this module, the participant should be able to

  • Use reservoir studies to develop a resource base (drilling plans, future improved recovery, information acquisition, application of new technologies, facilities and infrastructure).

Evaluate reservoir exploitation schemes through the use of corporate management indicators

  • Assignment Instruction: The Upper/Middle sands project is about to complete its ninth year (fourth production year). You have recently concluded a twenty-month pilot waterflood in the fault block occupied by Wells 4E2-SE and 4D2-SW. In this assignment, you will evaluate the results of this pilot project in preparation for implementing a field-wide waterflood. You will then address the practical aspects of implementing the full-scale project, generate a development scenario based on the data that you have gathered during the primary production stage, and formulate a project budget.
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