3 - 7 Mar 2025
London (UK)
Hotel : Landmark Office Space - Oxford Street
Cost : 5775 € Euro
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.
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.
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
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