New Opportunities in Old Fields

You will learn how to:Recognize production and reservoir characteristics of old fields that indicate the potential for increasing reserves and valueUnderstand whether existing recovery factors are consistent with those than can be realized with effective utilization of the natural drive mechanism(s) and the appropriate use of improved recovery methodsIdentify under-performing wells or field areas and recommend appropriate intervention.Determine the ‘upside potential’ of a field, distinguishing between incremental reserves and reserve accelerationExamine alternative re-development strategies by studying case histories and working example industry problems