Reservoir Engineering 101

August 1-2, 2023 | Online :: Central Time

0823-reservoir-engineering

“Great course, valuable content.” Geologist III, ION

“Helpful for industry professionals in any specialization.” Geologist, ION

This one and a half day course presents an overview of the fundamental concepts used in petroleum reservoir engineering. Starting with the definition and classification of petroleum reservoirs, and with the presentation of fundamental rock and fluid properties, the instructor will guide the participants in the application of engineering methods for estimation of initial fluid distribution in a reservoir and the estimation of initial volume of hydrocarbons in place. Additionally, this course will include a brief introduction to unconventional reservoirs and the application of engineering methods to the estimation of reserves of unconventional reservoirs. 

Learning Outcomes 

• Define and classify petroleum reservoirs (conventional and unconventional)
• Identify reservoir primary drive mechanisms
• Classify petroleum resources using up to date definition systems (SPE PRMS)
• Apply volumetric method for estimation of reserves in petroleum reservoirs
• Apply material balance method for estimation of reserves in petroleum reservoirs
• Recognize principles behind decline curve analysis to estimate reservoir performance and recovery
• Discuss differences of reservoir engineering methods to unconventional reservoirs

Tuesday, August 1, 2023 : Central Time

 

Introduction: Reservoir Engineering Definition and Description 

• What is a Reservoir?  
  • Basic structures  
  • Hydrocarbon traps  
  • Depositional environments 
  • Classification based on types of fluids contained  
• Review of Rock and Fluid Properties
  • Properties of reservoir rock 
    • Porosity  
    • Fluid saturation  
    • Permeability 
    • Wettability 
    • Capillary pressure   
• Reservoir fluid properties
  • API gravity  
  • Formation volume factor  
  • Gas solubility  
  • Density  
  • Viscosity 
• Reservoir Fluid Distribution 
  • Pressure gradient calculations 
• How Does a Reservoir Produce Oil and Gas? 
  • Primary reservoir drive mechanisms
  • Solution gas drive 
  • Gas cap drive 
  • Natural water drive 
  • Compaction drive 
  • Gravity drainage 
  • Combination drive 
• Definition of Reserves using the Petroleum Resources Management System (PRMS)
  • Reserves, contingent resources, prospective resources 

 

Wednesday, August 2, 2023 : Central Time

Reservoir Engineering: A Deeper Look

• Methods of Estimation of Reserves 
  • Estimate Oil-in-Place and Gas-in-Place 
  • Analogy and volumetrics  
  • Material balance  
  • Decline curve analysis 
• Introduction to unconventional reservoirs 
• Decline curve analysis for unconventional reservoirs

Luis Zerpa, Associate Professor at the Petroleum Engineering Department, Colorado School of Mines 

Luis Zerpa is an Associate Professor at the Petroleum Engineering Department of the Colorado School of Mines. Before joining Mines, Luis was a Professor at the University of Zulia, Venezuela, and worked as a consultant for the Venezuelan National Oil Company (PDVSA) in reservoir engineering and EOR-related projects. He has a Ph.D. degree in Petroleum Engineering from the Colorado School of Mines and B.S. and M.S. degrees in Mechanical Engineering from the University of Zulia. His research interests are in the areas of reservoir engineering, fluid flow in porous media, enhanced oil recovery, flow assurance and multiphase flow modeling, and natural gas hydrates as potential energy resource. 

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Reservoir Engineering 101

August 1-2, 2023 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before June 30, 2023 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 1.0 CEUs for this event

Requirements for Successful Completion of Program

Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit.

Instructional Methods

PowerPoint presentations, interactive group exercise, and group discussion will be used during this course.

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 11.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

Who Should Attend 

• Leadership
• Managers
• Technicians
• Administrators
• Accountants
• Anyone who needs an understanding of the fundamentals of reservoir engineering