23 June, 2020

2nd Edition: Maximizing Asset Value: Integrating Geoscience with Reservoir Management & Technologies Optimization

 

Join us for the 2nd edition of the Maximizing Asset Value: Integrating Geoscience with Reservoir Management & Facilities Optimization GTW to be held on 22–23 February 2021 in Muscat, Oman. The objective of the workshop is to drive a further discussion of integration processes between geoscience, engineering, and technology deployment through examining the industry’s case studies across multiple disciplines.

What to Expect from the AAPG Virtual Experience:

Due to the ongoing travel restrictions and differing guidelines from companies and organizations, the AAPG Decision Based Integrated Reservoir Modeling GTW will now be taking place virtually from 1 – 4 February 2021 and then on-demand anytime, from anywhere, and from any device for the next 2 months. The workshop will provide the best opportunity to safely connect with industry colleagues and peers while travel restrictions, social distancing, and health concerns persist. The new dynamic all-digital platform makes it simple for you to access all the great science, networking, and technology to help you stay on the cutting edge of petroleum geoscience. Our businesses and industry are experiencing difficult times, but overcoming obstacles is what explorers do – so let’s do it together.

  • Benefits of our virtual events:
  • Easily view the live presentations, ask questions and chat with other attendees
  • Easily access the technical program and details of each presentation
  • View the profiles of each presenter
  • Participate in breakout discussion sessions
  • Networking with other attendees and schedule one on one meetings
  • Access to all the presentations for up to 2 months after the workshop
  • Access to a dedicated sponsorship page
  • Digital delegate bag and certificate of attendance

The oil and gas industry supplies a market that has been volatile, more so in the last decade. Between competing suppliers, global financial troubles and a global pandemic, oversupply and erosion of demand have become mainstay. The industry needs to demonstrate that it can maintain the value creation proposition in the face of fluctuating hydrocarbon prices. Adopting new strategies to better characterize the subsurface, increase recovery, drive down development costs and maximize product value through the use of discipline integration, field optimization, as well as implementation of cutting-edge technologies is now a must for the industry. Subsurface to surface integration offers a better strategy when chasing new oil and gas resources with high cost and long development time or enhancing the performance of mature fields. Improvements in existing optimization workflows and practices in both conventional and unconventional field development will prove effective at driving down costs by utilizing multi-disciplinary approaches in the integration of processes.

The objective of the workshop to drive a further discussion of integration processes between geoscience, engineering, and technology deployment through examining the industry’s case studies across multiple disciplines. The workshop also aims to highlight the improvements made in the topic over the last two years across both conventional and unconventional field development.

The workshop will attract experts from various disciplines to talk and share their experience and knowledge in topics covering:

  • Subsurface to Surface Collaborative Planning and Integration
  • Field Optimization Lessons Applied to Conventional and Unconventional Fields
  • Exploring New Fields Versus Optimizing Existing Fields, a Cost Driven Discussion
  • Workflow and Technologies Advancement