Comprehensive Well and Reservoir Management

Upcoming Schedules

Date	Venue	Duration	Fee (USD)
10 Feb - 19 Feb 2025	Live Online	10 Day	5250
24 Mar - 02 Apr 2025	Live Online	10 Day	5250
26 May - 04 Jun 2025	Live Online	10 Day	5250
16 Jun - 25 Jun 2025	Live Online	10 Day	5250
07 Jul - 16 Jul 2025	Live Online	10 Day	5250
25 Aug - 03 Sep 2025	Live Online	10 Day	5250
20 Oct - 29 Oct 2025	Live Online	10 Day	5250
08 Dec - 17 Dec 2025	Live Online	10 Day	5250

Course Overview

The global energy sector faces unprecedented challenges in optimizing hydrocarbon recovery while maintaining operational safety and cost efficiency. According to a 2023 SPE report, improved reservoir management practices can increase recovery rates by 5-15%, potentially adding billions of barrels to global reserves. This Comprehensive Well and Reservoir Management course combines Advanced Well, Reservoir, and Facility Management Mastery with Comprehensive Well, Reservoir, and Facility Management, delivering a holistic approach to maximizing asset value throughout the production lifecycle.
With global oilfield decline rates averaging 6-8% annually (IEA 2023), effective management of wells, reservoirs, and facilities has become critical for sustainable operations. The course addresses these challenges through integrated coverage of production optimization, surveillance strategies, and opportunity maturation processes. Research by McKinsey indicates that digital oilfield technologies can reduce operating costs by 20-30%, making technological integration a key focus area.
Key Highlights of the Training Include:
Integrated Asset Management: Master the WRFM (Well, Reservoir, Facility Management) value loop for continuous performance improvement
Production Optimization: Advanced techniques for daily production monitoring and system optimization
Opportunity Identification: Structured review methodologies to unlock hidden potential in mature assets
Digital Transformation: Implementation of surveillance technologies and data analytics for decision support
Risk Management: Strategies for maintaining well integrity and safe operations throughout the asset lifecycle
The course emphasizes real-world applications, with case studies demonstrating how optimized WRFM practices have delivered 10-25% production increases in major fields (SPE Case Study Library). Participants will gain expertise in balancing technical, operational, and economic factors to extend asset life and maximize recovery in compliance with global safety and environmental standards.

Key Takeaways:

Integrated Asset Management: Master the WRFM (Well, Reservoir, Facility Management) value loop for continuous performance improvement
Production Optimization: Advanced techniques for daily production monitoring and system optimization
Opportunity Identification: Structured review methodologies to unlock hidden potential in mature assets
Digital Transformation: Implementation of surveillance technologies and data analytics for decision support
Risk Management: Strategies for maintaining well integrity and safe operations throughout the asset lifecycle

Integrated Asset Management: Master the WRFM (Well, Reservoir, Facility Management) value loop for continuous performance improvement
Production Optimization: Advanced techniques for daily production monitoring and system optimization
Opportunity Identification: Structured review methodologies to unlock hidden potential in mature assets
Digital Transformation: Implementation of surveillance technologies and data analytics for decision support
Risk Management: Strategies for maintaining well integrity and safe operations throughout the asset lifecycle

Course Objectives

By completing this course, participants will be able to:
Implement the WRFM value loop for continuous performance monitoring and improvement
Conduct comprehensive production system analyses to identify optimization opportunities
Apply advanced surveillance techniques for reservoir performance monitoring
Develop and execute WRFM strategies aligned with asset business plans
Utilize digital tools for real-time production monitoring and decision support
Manage well integrity and mitigate risks throughout the production lifecycle
Lead structured opportunity maturation processes to unlock additional value

Personal Benefits

Participants will acquire:
Technical Mastery: Comprehensive understanding of WRFM principles
Strategic Skills: Ability to develop and implement WRFM plans
Career Advancement: Qualifications for asset management roles
Decision-Making Tools: Analytical frameworks for production optimization
Industry Recognition: Certification in comprehensive reservoir management

Organisational Benefits

Organizations will gain:
Increased Production: Optimized operations adding 5-15% to recovery factors
Cost Efficiency: Reduced operating expenses through systematic optimization
Extended Asset Life: Prolonged economic production through effective management
Risk Reduction: Enhanced well integrity and safety performance
Digital Readiness: Implementation of advanced monitoring technologies

Who Should Attend

Production Engineers responsible for well performance
Reservoir Engineers involved in field development planning
Facility Engineers managing surface equipment optimization
Petroleum Technologists focusing on production enhancement
Asset Managers overseeing field operations
Operations Supervisors implementing daily optimization

Course Outline

Module 1: Fundamentals of Well, Reservoir and Facility Management (WRFM)

Introduction to WRFM concepts and value proposition The WRFM value loop and its components Integration of subsurface and surface systems Industry standards and best practices in WRFM HSE considerations in well and reservoir management

Module 2: Reservoir Surveillance and Performance Monitoring

Reservoir performance monitoring techniques Pressure maintenance and fluid contact tracking Data acquisition and quality control processes Digital surveillance tools and technologies Reservoir risk assessment and mitigation

Module 3: Well Performance Optimization

Nodal analysis and production optimization Artificial lift system optimization Well intervention planning and execution Production chemistry management Well integrity monitoring and maintenance

Module 4: Production System Optimization

Surface facility and network optimization Capacity management and debottlenecking Energy efficiency improvements Production system modeling and analysis Daily production optimization techniques

Module 5: Well Control Fundamentals

Well control principles and barrier philosophy Pressure concepts and hydrostatic calculations Gas properties and behavior in wellbores Kick detection and prevention methods Well control equipment overview (BOP systems)

Module 6: Advanced Well Control Techniques

Well killing methods (driller's, wait-and-weight) Volumetric and bullheading techniques Special well control scenarios (HPHT, deepwater) Well control in unconventional operations Case studies of well control incidents

Module 7: Opportunity Identification and Maturation

Structured review processes for opportunity identification Pattern recognition and performance benchmarking Opportunity screening and prioritization Economic evaluation of optimization opportunities Implementation planning and execution

Module 8: WRFM Strategy Development

Aligning WRFM with business objectives Short-term vs long-term planning Performance tracking and review cycles Produce-the-Limit (PtL) methodology Developing comprehensive WRFM plans

Module 9: Special Topics in Well and Reservoir Management

Managing mature and declining fields Unconventional reservoir challenges Digital oilfield implementations Carbon capture and storage considerations Decommissioning planning

Module 10: Operational Safety and Risk Management

Well control risk assessment Management of change processes Contingency planning for well operations Safety leadership and operational discipline Human factors in well operations

Module 11: Case Studies and Knowledge Sharing

Analysis of major well control incidents Best practices in production optimization Lessons learned from field applications Technology implementation case studies Continuous improvement methodologies

Module 12: Professional Skills for WRFM Teams

Situational awareness in operations Effective communication strategies Teamwork and collaboration techniques Stress management in critical operations Leadership in technical teams

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