The course emphasizes the integration of static and dynamic modelling and their application in the design of Field Development Projects that maximize recovery and reserves, by optimizing well numbers and their placement, lowering investment and operating costs while maintaining best industry practices including HSE.

This course gives Geoscientists insight into dynamic simulation and how to build static geomodels that best replicate the wells’ and fields’ flow behaviour. The course gives Reservoir & Petroleum Engineers a better understanding of the complexities of Reservoir Geology and the difficulties of reservoir characterization considering the large number of variables and parameters involved, covering a broad range of scales. They will also have greater appreciation for the challenges of capturing these reservoir characteristics particularly the heterogeneities that most affect flow behaviour in simple grid cells. Reserves and Resource definitions are also covered, together with their computation. Field Development Design, Project Economics, Economic metrics, Cashflow modelling and the Risk/ Ranking and the Final Investment Decision (FID) complement the course and are extensively covered