Nov. 9, 2006


Description

Each year the annual business planning cycle launches a process that requires balancing the quality of production and economic projections against the time available to build the plan.
 
This year Swift Energy Company deployed innovative web-based software that improved the company’s forecasting capabilities while reducing the planning cycle times, which ultimately resulted in a better plan with more extensive analysis of different development options.
 
This presentation looks at the key areas of improvement in Swift’s business planning process.  It highlights the benefits of the integration of economic and production forecasting for complex issues, such as production curtailment due to facility constrained fields, risk analysis for exploration and development drilling, and capital allocation between wells and facilities.
 
  
The benefits that were realized due to the use of a web-based solution in the areas of real-time collaboration and continuous technology support will be descibed. How these benefits  translate to operations and the ongoing management of Swift’s assets will be presented.

Featured Speakers

Speaker Jorge Lopez & Joe Patterson
Swift Energy Company Jorge Lopez is a reservoir engineer for Swift Energy Operating, LLC.  Swift Energy is headquartered in Houston and engages in acquiring, exploring, developing, and operating oil and gas properties.  Swift Energy focuses on onshore and inland waters in Louisiana, Texas, and most recently Alaska, as well as in New …


Swift Energy Company

Jorge Lopez is a reservoir engineer for Swift Energy Operating, LLC.  Swift Energy is headquartered in Houston and engages in acquiring, exploring, developing, and operating oil and gas properties.  Swift Energy focuses on onshore and inland waters in Louisiana, Texas, and most recently Alaska, as well as in New Zealand.  Prior to joining Swift Energy, Jorge worked as a production and reservoir engineer for BP and Shell for 10 years combined; 5 years in West Texas CO2 and waterflooded fields and 5 years in South Texas high temperature and pressure gas fields.  He holds BS and MS degrees in petroleum engineering from the University of Southern California.







Joe Patterson is a reservoir engineer for Swift Energy Operating, LLC.  Swift Energy is headquartered in Houston and engages in acquiring, exploring, developing, and operating oil and gas properties.  Swift Energy focuses on onshore and inland waters in Louisiana, Texas, and most recently Alaska, as well as in New Zealand.  Prior to joining Swift he had worked as a Production Engineer and Engineering Manager for Schlumberger Information Solutions.  He acquired his BS degree in 1985.



Full Description



Organizer

Barry Faulkner


Date and Time

Thu, Nov. 9, 2006

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

Event has ended

Location

Petroleum Club, 43 floor, EXXON Bldg

800 Bell Street
Houston, Texas 77002
USA