Successfully Awakening Mature Oil Fields: A Process for Reversing Field Production Decline

Instructor: John C. Campanella, PE, Norwest Questa Engineering, Golden, CO

The fee includes food at breaks, workbook and PDH certificate. 

Mature fields pose a dilemma. As an operator, manager or decision maker, do you expend precious resources evaluating and revitalizing or do you simply sell? As a potential buyer, do you really have a viable turn-around plan or is your analysis missing key considerations? This course provides a systematic approach for assessing the potential value of mature oil and gas properties together with case studies. It is designed for business development personnel, engineers, geologists, supervisors, and managers who must make the tough decisions on mature fields. 

• Pros, cons, and considerations of mature fields

• Use and misuse of analogies

• Potential technologies and strategies

• Engineering and economic assessment