May 24, 2007


Description

Innovative integrated reservoir modeling technology based on latest achievements in seismic processing, rock physics, integrated reservoir/facility modeling, and production optimization is presented. The developed methodology differs from existing approaches in four distinct ways:

 

1.                  It provides a step-by-step procedure for building reservoir models based on all available seismic, well log/core, and production data. Latest achievements in geophysics are applied for the construction of sand/shale 3-D volumes based on seismic spectral decomposition. Object based geostatistical modeling is used for the construction of the 3-D facies models constrained by well data and seismically derived sand/shale 3-D volume. Correlations from rock physics are utilized to directly derive rock properties from seismic attributes.

2.                  It integrates models of multiphase fluid flow in reservoir, well tubing strings, pipeline system, and separation facilities into one system. It allows answering on the crucial question: What happens to the production profile if you modify facilities?

3.                  It utilizes 4D seismic technology for reservoir model validation and for making business decisions. Flow barriers and fluid movements derived from 4-D seismic are applied.

4.                  It incorporates field production optimization technology for optimizing well production rates and surface pipeline network structure in giant oil fields.

 

Significant business value has been added with the new technology applications for the optimization of infill drilling, waterflood, and facility modification programs which are supported by reservoir studies in GOM, Alaska, and North Sea oil/gas fields.


Featured Speakers

Speaker Dr Mike Litvak
Reservoir Engineering Advisor BP Dr. Mike Litvak is a reservoir engineering advisor in BP. He holds BS, MS degrees in petroleum engineering and PhD degree in applied mathematics. He has worked in the petroleum industry for 34 years. He has also offered courses on applied mathematics at Case Western Reserve …

Reservoir Engineering Advisor
BP

Dr. Mike Litvak is a reservoir engineering advisor in BP. He holds BS, MS degrees in petroleum engineering and PhD degree in applied mathematics. He has worked in the petroleum industry for 34 years. He has also offered courses on applied mathematics at Case Western Reserve University.


 


Dr. Litvak has developed innovative technology for integrated reservoir/facility modeling and production optimization in the commercial reservoir simulator. He has very successfully applied this technology in many reservoir studies. He has published more than 50 papers which established him as a leading authority in integrated reservoir simulation.


Full Description



Organizer

Chuck Wagner


Date and Time

Thu, May 24, 2007

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

Event has ended

Location

The Courtyard on St James

1885 St James Place
Houston, TX 77056
USA