This conference aims to stimulate new ideas and joint industry-academic ventures that can accelerate research advances related to flow prediction and recovery in carbonate reservoirs.
Carbonate reservoirs contain approximately 50% of the world's hydrocarbon resources but are challenging to produce due, in part, to their lithologic and structural heterogeneity. A small increase (1-2%) in recovery from these reservoirs will make a substantial difference to global hydrocarbon production and could substantially extend the life of mature fields. Improvements in recovery require an in-depth understanding of flow behaviors and processes on various scales, significant advances in geologic and flow simulation methods and geophysical detection and monitoring capabilities. In recent years there have been several specialist conferences that have focused on gathering updates on related themes. This conference, however, focused on the definition of innovative research directions, not only within the oil and gas industry but also between industry and academia.