15 July, 2016

Where is the oil? How much is there? and What is the best strategy for recovery?

Making Money with Mature Fields | 5-6 October 2016 | Houston, TX

 

Where is the oil? How much is there? and What is the best strategy for recovery?

These are a few of the questions that we'll answer at the Making Money with Mature Fields - Geosciences Technology Workshop, October 5-6, 2016, Houston, TX. The goal of this workshop is to review mature fields and to identify the amount and nature of oil that can be recovered, and to evaluate competing strategies for economically producing the remaining reserves. In addition to looking closely at fields, we will review new and improved technologies that may help revitalize reservoirs and overcome problems such as low pressure, paraffin, corrosion, and more.

The discussion and dialog at the "Making Money with Mature Fields" GTW will be focused on the new and improved technologies that will help revitalize reservoirs, especially in mature fields where problems such as low pressure, paraffin, corrosion, and other issues cause problems.

Who are the operators?

The operators who are currently benefiting are those willing to take a chance on wells that they had pretty much given up for dead, or at the very least, uneconomic. The operators start with a few test wells, and then, with success, they move on to implement the solution in an entire field. If they have a lot of wells, they have to keep in mind that not all will be uniformly successful. The key success factor is having a knowledgeable geologist/engineer consultant team helping identify candidate wells and planning the workflow / process.

This GTW will benefit operators by giving insight on ways of how to improve revenue as well as make a significant impact on the company.

If you would like to present, please contact the Innovation & Emerging Science and Technology department as soon as possible.

Register Now

****Award-winning 100% online MBA in Energy Leadership from Texas A&M. In-state and low-cost "border state" tuition for Texas, Oklahoma, Louisiana, and Arkansas residents. Register now for Fall. Contact Dr. Larry R. Davis ( [email protected] ) MBA Program Director.