Advanced Drilling Optimization Strategies: Maximizing Efficiency and PerformanceOil and Gas Engineering

In any city around the world 00447455203759 Course Code: AC/2024/140

Course Description

Introduction:

 Drilling time is costly, and non-productive drilling time is the costliest of them all, and reduction of this time, through the adequate definition and monitoring of KPIs, data management, quantifying uncertainty in the subsurface, risk assessment, and use of modern drilling technologies and trends. The oil and gas industry is at the point where the rise of fracking and enhanced oil recovery has stabilized the price at the lower levels, no matter that several large oil producers are practically squeezed out of business, which requires good engineers to reduce the non-productive drilling time to be able to reduce the production cost. In the Big Data era, the benchmarking, identification, application, and implementation of drilling optimization techniques are a must to be used by good engineers.

Course Objectives

By the end of this course, participants will be able to:

·         Recognize the influence of drill string mechanics

·        Understand how to avoid drilling problems

·        Appreciate the environmental effects of drilling activities

·        Implement techniques to control non-productive time

·        Effectively identify and monitor key performance Indicators (KPI)

·        Implement real-time management of well construction and optimization

Target Audience

This course is designed for:

·        This course is designed for all professionals working in the field of engineering, oil and gas exploration, geology, and reservoir modeling. It is also beneficial for other people involved in upstream oil production as it shows the interdependence of the data between the departments

·        Reservoir Engineers

·        Petroleum Engineers

·        Risk Managers -Drilling Managers

·        Field Service and Related Operations

·        Tool Pushers

·        Drillers

Course Outlines

Day 1: Drilling and Well Engineering Calculations:

·        Drill String Mechanics

·        Well Design Concepts

·        Drilling Fluid Calculations

·        Directional Drilling

·        Measurement while Drilling Systems (MWD)

·        Controllable and Non-controllable Non-Production Time (NPT)

Day 2: Drilling Optimization:

·        Introduction to Drilling Optimization

·        Petroleum Rock Mechanics

·        Defining of KPIs

·        Use of Common Industry KPIs

·        Wellbore Stability Analysis

·        Rock Strength and Rock Failure

Day 3: Quantitative Risk Assessment:

·        Risk Management Process

·        Cost-time Analysis

·        Common Drilling Problems

·        Measurement and Evaluation of Risk

·        Limit State Function and Probability Failure Function

Day 4: Well Engineering Design and Construction Optimization:

·        Optimization of a Process and Its Elements

·        Drilling Plan

·        Rate of Penetration Monitoring

·        Other Goals of Well Drilling and Construction

·        Technical Limits and Quantum Change in Limits

Day 5: Drilling Optimization-tools and Technologies:

·        Advanced Drilling Techniques

·        New Developments in Technology

·        Use of Software

·        Well Site Parameters and Drill String Inventory Optimization

·        Kill Sheets Use