Special Courses

Training Course: Petrel uncertainty analysis and optimization fundamentals


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SC235158

3 - 7 Mar 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5775 € Euro

Introduction

Reservoir management in the oil and gas industry is a complex and dynamic process that requires the integration of geological, geophysical, and engineering data. Petrel, a leading software platform, offers powerful tools for reservoir modeling, but harnessing its full potential requires a deep understanding of uncertainty analysis and optimization fundamentals.

Our 5-day training program is designed to equip professionals with the knowledge and skills necessary to effectively use Petrel for uncertainty analysis and optimization in reservoir management. Whether you are a reservoir engineer, geologist, or geophysicist, this program will provide you with the expertise needed to make informed decisions in reservoir development and production.

 

Objectives

By the end of this training program, participants will be able to:

  • Master Petrel Essentials: Gain proficiency in Petrel software, from basic navigation to advanced modeling techniques, enabling efficient project setup and data manipulation.
  • Understand Uncertainty Analysis: Comprehend the concept of uncertainty in reservoir modeling, identify sources of uncertainty, and implement various uncertainty quantification methods.
  • Stochastic Modeling: Learn how to create stochastic realizations of geological models, define property distribution functions, and understand geostatistical techniques.
  • Sensitivity Analysis: Perform sensitivity studies in Petrel, identify critical parameters, and interpret sensitivity results to make informed decisions.
  • Optimization Fundamentals: Understand the fundamentals of optimization, define objectives and constraints, and set up optimization problems within Petrel.
  • Integrated Workflow: Develop integrated workflows that combine uncertainty analysis with optimization to optimize reservoir development strategies.
  • Advanced Techniques: Explore advanced uncertainty analysis and optimization techniques for complex geological scenarios and real-time reservoir management.
  • Case Studies: Analyze real-world case studies to apply the knowledge gained during the training program to practical reservoir management scenarios.

 

Target Audience

This training program is designed for professionals working in the oil and gas industry who are involved in reservoir management and modeling. The target audience includes:

  • Reservoir Engineers
  • Geologists
  • Geophysicists
  • Petrophysicists
  • Reservoir Simulation Specialists
  • Asset Managers
  • Data Analysts
  • Any professional involved in the exploration, development, or production of hydrocarbon reservoirs

 

Training Outline

 

Day 1: Introduction to Petrel and Uncertainty Analysis

  • Session 1: Introduction to Petrel
    • Overview of Petrel software
    • Interface and navigation
    • Basic data import and project setup
  • Session 2: Geological Modeling Basics
    • Creating geological models
    • Fault modeling and gridding
    • Property modeling techniques
  • Session 3: Introduction to Uncertainty Analysis
    • Understanding uncertainty in reservoir modeling
    • Types of uncertainty: geological, geophysical, and engineering
    • Uncertainty quantification methods

Day 2: Uncertainty Analysis in Petrel

  • Session 4: Stochastic Modeling in Petrel
    • Overview of stochastic modeling
    • Building stochastic realizations
    • Property distribution functions
  • Session 5: Geostatistics in Petrel
    • Introduction to geostatistics
    • Variogram modeling
    • Kriging and simulation
  • Session 6: Sensitivity Analysis
    • Identifying critical parameters
    • Running sensitivity studies
    • Analyzing results

Day 3: Optimization Fundamentals

  • Session 7: Introduction to Optimization
    • Optimization in reservoir management
    • Types of optimization problems
    • Optimization objectives and constraints
  • Session 8: Setting Up Optimization Problems in Petrel
    • Defining objectives and constraints
    • Choosing optimization variables
    • Linking Petrel to external optimization software (if applicable)

Day 4: Performing Uncertainty Analysis with Optimization

  • Session 9: Integrated Uncertainty and Optimization Workflows
    • Combining uncertainty analysis with optimization
    • Workflow design and considerations
  • Session 10: Case Studies
    • Practical examples of uncertainty analysis and optimization in Petrel
    • Analyzing real-world reservoir data

Day 5: Advanced Topics and Application

  • Session 11: Advanced Uncertainty Analysis Techniques
    • Advanced stochastic modeling methods
    • Handling complex geological scenarios
    • Advanced sensitivity analysis techniques
  • Session 12: Real-Time Reservoir Management and Optimization
    • Introduction to real-time optimization
    • Using Petrel for ongoing reservoir management
    • Case studies and best practices
  • Session 13: Course Conclusion and Q&A
    • Review of key concepts
    • Open floor for participant questions and discussion
    • Course evaluation and feedback

Special Courses

Training Course: Petrel uncertainty analysis and optimization fundamentals


Register Now
Quick Inquiry
Discount Group Download Brochure (39)

SC235158

3 - 7 Mar 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5775 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

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  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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