About the Course
Course Description:
This course will equip participants with knowledge and skills necessary to ensure that well plans lead to the lowest well costs while still achieving production or exploration goals. This course uses a balanced combination of lecture, discussion, and case studies where participants will learn how to apply technical limit principles to guide well planning, develop a risk-weighted well cost estimate, create well plans that explicitly identify and manage risk, audit and select rigs, create contingency plans (oil spill contingency plans, safety cases, and joint operation manuals) using well's specific objectives, plans, and previous filings, and conduct post-analysis that documents the root of unscheduled events and lessons earned.
Who Should Attend?
This course is designed for professional drilling engineers, production engineers, petrophysicists, geophysicists, geologists, and asset managers.
What You Will Learn:
Knowledge of key characteristics and challenges of well engineering from a well design, planning, construction, and operational perspective
Knowledge of modeling drilling processes based on industry best practices. Both steady-state and dynamic models of the drilling processes
Knowledge of different frameworks for optimizing the drilling processes
How to apply technical limit principles to guide well planning
Use a number of popular industry software packages to demonstrate the concepts explained during lectures
Course Outline:
Designing Oil and Gas Wells
Formation Pressures and Formation Strength
Drilling Fluid and Cementing Program
Drill bit Selection, Downhole Drilling Equipment, and Drilling Hydraulics
Well Perforation
Borehole Problems
Introduction to Drilling Process Optimization
Key Performance Indicators
Optimization of Drilling Process Parameters
Drilling Optimization Workshop