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The Use of Analogues to Estimate Recovery Efficiencies and Value for Oil and Gas Acquisitions (RES 426)

COURSE SCHEDULE

Code Date Location price (€)*
RES 426 15 – 16 Jan 2026 Online 1320
RES 426 14– 15 May 2026 Online 1320
RES 426 9 – 10 Jun 2026 London 1760
RES 426 8 – 9 Oct 2026 Stavanger 1760

COURSE OVERVIEW

PetroTeach offers this course in analogues and its applications in Reservoir Engineering. The course addresses how to estimate rock and fluid properties from analogues and how to estimate recovery factors and recoveries per well, Participants will be taught as well about notional development plans for offshore projects and other concepts used to get a prudent evaluations.

This course will discuss the use of analogues in Exploration, Appraisal, Development and Production Gates to help attendees assess Recovery Efficiencies of offshore oil and gas projects and quantify their economic values. Attendees will learn how to develop a preliminary proxy or response surface model for a given acquisition, lease sale or farm in opportunity and estimate oil and gas recovery and the number of wells required for a field development.

COURSE OUTLINE

2 days
Day 1

o Brief review of parameters/inputs used for estimating recovery efficiencies
o Proposed methodology of estimating recovery factors with functions
o Application of analogues and how to extract useful information from them.
o Generation of trend lines for rock and fluid properties and how to validate them
o Generation of inputs parameters to be used in the Screening of Projects.

Day 2

o Definition of Proxy Models
o How to Build a Proxy Model for a Rapid Screening of a particular prospect.
o Students are encouraged to bring their own examples ad apply the methodology to its own cases.
o How to define the Inputs for Probabilistic Distributions
o Notional Field Development Plans: well counts, subsea tiebacks, surface network.
o Introduction to data rooms and the process of lease sales, bid rounds and farm-in opportunities

INSTRUCTOR

Luiz C. Amado

FAQ

DESIGNED FOR

This course is for petroleum, reservoir engineers and geoscientists, however anyone interested in lease sales and/or farm-in opportunities should attend this course.

COURSE LEVEL
  •  Intermediate 
LEARNING OBJECTIVES

The learning objectives of this course are:
Attendees will be able to obtain value of Analogues as well as identify constraints in terms of geology and engineering that will make the acquisition

REGISTER

 

Registration is now OPEN!

Ph.D. students, group and early bird registrants are eligible to DISCOUNT!

For more details and registration please send email to: register@petro-teach.com

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