Unconventional Resources Plays – Workshop

ATTEND AN UPCOMING CLASS:

• Houston, TX – September 10-12, 2024
• Houston, TX – November 20-22, 2024

WHO SHOULD ATTEND: Geologists, geophysicists, petrophysicists, reservoir engineers and managers who are exploring for and developing oil and gas fields in unconventional, basin-centered petroleum systems. Basic knowledge of well log evaluation is recommended.

COURSE DESCRIPTION: This three-day workshop introduces sound evaluation techniques used in choosing and developing “unconventional resource new ventures.” It combines geology, reservoir engineering, reserves evaluation, economic forecasting and the concepts of multivariate analysis to develop skills that help predict productivity in oil and gas systems.  The workshop covers gas and oil plays in shale and stacked tight sands that are developed with horizontal and vertical wells, and completed and stimulated with hydraulic fracturing.

Highlights include:

1. Introduction to the pertinent data, drivers, evaluation techniques and the use of cross-plots.
2. Review of the reservoir types and quality of the resource, determined using global comparisons to known unconventional systems (both productive and non-productive).
3. Identification of workable plays with viable development program economics.
4. Understanding of why some plays fail or are only economic in the sweet-spots.

LEARNING OUTCOMES:

• Demonstrate knowledge of reservoir attributes (variables) pertaining to unconventional resource play viability and scale.
• Screen (evaluate) all play types. For example, what will work, what is economically feasible, what play has critical flaws, what play is basin-centered but is marginal because of its size and depth.
• Develop an idea of the viability of new venture oil/gas plays, compare them to other global plays, and develop a clear idea of reservoir/geologic mechanisms and acceptability.
• Recognize and appraise how a play will perform and forecast potential resources. Include examples of winners and losers, using actual cases.  REALLY know what you are evaluating quantitatively with comparison to other global play results.
• Evaluate tight gas sands over a long vertical interval and shale gas over a finite interval developed with horizontal wells. Evaluation of plays with an inverted fluid column (water to oil to gas transitions).  Prevent grave and costly mistakes.
• Integrate mixed parameters such as electric log values of porosity, resistivity, and “cross-over gas effect.” Identify key reservoir “drivers” versus depth and location (sweet-spot identification).  Integrate with thermal maturity and pressure data (always as a function of depth, subsea depth or depth to stratigraphy.
• Apply intuitive principles to more accurately predict oil/gas productivity in tight rocks.
• Understand the hydraulic fracture stimulation treatments employed by operators.