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Managing declining fields with geophysics


Monitoring reservoirs in production - business opportunity or blind alley?
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Habib Alkhatib
» Geomarkets & Global Marketing - Coordinator 4D & Reservoir
» CGGVeritas
Jane Wheelwright
» Technical Application Specialist
» Dynamic Graphics

Tuesday, November 27, 2012
London
The Geological Society

Most of us appreciate the potential value (from increased production and a better field development plan) which you could get from better monitoring of reservoirs while they are in production.

With technologies such as permanent seabed seismic, 4D seismic, seabed seismic nodes, borehole seismic measurements, time lapse magnetics, time lapse gravity, time lapse geodesy (small changes in the earth’s shape), and better data integration with production data.

Yet the technologies are not finding their way into the oilfield as fast as this added value suggests that they should be.

Why is this?

Is it because reservoirs in production are largely managed by drilling and production engineers, who don't like to talk too much to the geophysicists, who could understand what the seismic data is telling them?

Or is it because the technologies are too expensive and the value they can add to a reservoir already in production too marginal?

If so, can the costs be better managed or reduced?

Agenda

 
9:00 Arrivals and Registration. Tea & Coffeee
9:30 David Bamford - Director
Finding Petroleum
Welcome & Introduction


David Bamford is 63. He is a non-executive director at Tullow Oil plc and has various roles with Parkmead Group plc, PARAS Ltd and New Eyes Exploration Ltd, and runs his own consultancy. He writes regular articles for OilVoice and ROGTEC and is a co-founder of Finding Petroleum.

He retired from BP in 2003, after a 23 year career spent initially in research & technology, then the geophysics function, business unit leadership, and finally BP's global exploration programme.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events, distributing their colour magazine - Digital Energy Journal, and with an online social network of nearly 700 members.
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9:40 Robert West - Research Associate
Sanford C. Bernstein
Field decline - The decline of production in the UKCS, the NOCS and Russia


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Helping you build and preserve your wealth through the decades with investment research, financial planning, and wealth management services.
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10:15 Chris Walker -
Fairfield Nodal
The nodal solution!


Tight spaces. Sensitive environments. Harsh conditions. Elusive hydrocarbons. We know what you're up against. For over 30 years, FairfieldNodal has developed, manufactured and put to the test exclusive nodal seismic data systems and technology that help clients around the globe streamline operations and achieve more definitive answers with less risk. On land and at sea.

While we're known for our vast library of non-exclusive data in the Gulf of Mexico, we've also become the preeminent pros in node technology as a result. Our proprietary ZNodal technology is behind everything we do, and we do a lot. Count on FairfieldNodal for products, services and people prepared to help you tackle any terrain and marine depth.
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10:50 Coffee & tea
11:15 Carl Berg -
TGS
Lifetime stability and reliability of fibre-optic sensing technology holds great potential for permanent reservoir monitoring


TGS provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, permanent reservoir monitoring and data integration solutions.
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11:50 Habib Alkhatib - Geomarkets & Global Marketing - Coordinator 4D & Reservoir
CGGVeritas
Seismic Permanent Reservoir Monitoring – Solutions, Challenges & Opportunities


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CGGVeritas is the world's leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.
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12:25 Jane Wheelwright - Technical Application Specialist
Dynamic Graphics
Visualization and Analysis of 4D seismic with particular regard to History Matching


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Talk Description.
The argument for the use of 4D seismic for monitoring a reservoir over time is widely accepted. Not every reservoir will benefit from the technique but, in many instances, it can give great insight into changes and fluid movement over the life of a field and indicate the consequences of the current drilling and injection regime. It is the most valuable tool for providing accurate history matching with the predictive simulation model. This talk will look at the collaborative use of 4D seismic and simulation data to improve reservoir planning. This will include the generation of petroelastic properties in the simulation model and their role in generating synthetic seismic to accurately and quantifiably compare with the observed seismic for improved history matching.
Dynamic Graphics, Inc. partners with clients to solve spatial analysis problems in the petroleum, environmental, and earth-related sciences. Over the past four decades, we have been the premier provider of geospatial solutions with our innovative, easy-to-use software and outstanding support services.
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13:00 Raffle prize draw, made by George Reed of Thorold Dewling Oil and Gas Recruitment, followed by lunch & refreshments

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Welcome & Introduction - Below ground, "we have the technology!"
David Bamford
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