May 17, 2018


Description

Technology has delayed the once considered inevitable “peak oil” and its subsequent decline, allowing the commercialization of oil and gas resources that were previously thought to be unmovable. Along with this, a “bigger is better” trend has emerged, which has seen an enormous influx of capital into completion and fracture stimulation operations. This trend has resulted in unprecedented production growth, year over year – but how much farther can it go? With the collapse of the global oil market, a new trend is emerging; one which promotes optimizing capital efficiencies and profitability metrics rather than simply growing production – Fit For Purpose Completions. To execute successful fit-for-purpose completions requires understanding the unique connection between the completion and the reservoir, and squeezing the maximum economic benefit from every play. This presentation focuses on basics such as completion compartmentalization, well placement, frac surface area, complexity and conductivity – and how to ensure these are optimized for specific reservoir types while avoiding over (or under) capitalization. Key North American unconventional oil and gas plays will be discussed.  Their current completion and well performance statistics will be reviewed, along with commentary on the what the most effective operators are doing and where the best future opportunities may be found.

 

MiT/ Retired/ Student Registration Here


Featured Speakers

Speaker: David Anderson
Speaker David Anderson
David Anderson (B.Sc., P.Eng.) is the Director of Anderson Thompson Reservoir Strategies, a business unit of NCS Multistage. David was previously a managing partner at Fekete Associates, and was one of the original designers of Fekete’s Rate Transient Analysis software, which is now an industry standard for well performance analysis. ...

David Anderson (B.Sc., P.Eng.) is the Director of Anderson Thompson Reservoir Strategies, a business unit of NCS Multistage. David was previously a managing partner at Fekete Associates, and was one of the original designers of Fekete’s Rate Transient Analysis software, which is now an industry standard for well performance analysis. David has 20 years industry experience, and is a recognized expert in the area of well performance analysis. He has authored numerous papers on the subject, and has won several awards from various industry societies. David is also an SPE Distinguished Lecturer (2014-2015)


 

Full Description



Organizer

Swathika Jayakumar

Email Organizer: Swathika.spe@gmail.com 


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Platinum Sponsor



Additional parking in the back 


 


Date and Time

Thu, May 17, 2018

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

If you do not have a full-time job in the oil and gas industry, are a full-time student or Member in Transition (MiT) member, and you do not see a discounted registration fee for students/MiT regarding this event, please contact the GCS manager at spe-gcs@spe.org.


Location

Fleming's Prime Steakhouse (River Oaks)

2405 W Alabama St
Houston, Texas 77098

 


 


 



Group(s): Reservoir