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SUMMARY:General Meeting - Making More Informed Business Decisions Through Rate Transient Analysis in Unconventionals
DESCRIPTION:  \nMaking More Informed Business Decisions Through Rate Transient Analysis in Unconventionals \n  \nAbstract: The benefits of Rate Transient Analysis (RTA) for production forecasting and reservoir characterization are generally well understood. However\, the utility for RTA beyond these common practices goes frequently unrecognized. By itself\, RTA can be used to identify costly pitfalls with drilling decisions\, rigorously normalize well and reservoir production attributes\, and diagnose wells with uplift potential. As the cornerstone of an integrated reservoir study\, RTA can further be applied to reduce reservoir description uncertainty\, optimize well landing zone\, and validate petrophysical properties derived from log analysis. In an era that has asset teams migrating from physics-based to data-driven development planning workflows\, it is important to remember the value that well performance analysis and modeling techniques serve. This presentation will feature RTA solving several different objective functions\, illustrated through cases studies. Attendees to this talk will exit with a better understanding of how RTA can be used as a practical tool for well and reservoir evaluations; providing auditable insights with high return-on-investment.  \n  \nBio: John is the President and Co-Founder of SAGA Wisdom; a tech start-up focused on digitally transforming education for energy industry professionals. He has a bachelors degree in mining engineering from Queen’s University and a masters degree in chemical engineering from the University of Calgary.  Over the past 15 years\, he is better known as a reservoir engineer and instructor of Rate Transient Analysis (RTA) specializing in unconventional reservoirs. He has analyzed production data from thousands of wells\, spanning most major tight and ultra-tight plays in the U.S.\, Canada\, and Argentina. He has authored or co-authored 20 SPE papers\, primarily focused on production forecasting\, stimulation effectiveness evaluation\, well spacing and completions optimization and diagnosing untapped well performance potential. From 2017 to 2019 he was Chair of the SPE Reservoir Evaluation and Production Optimization Special Interest Group in Calgary and in 2019 he received the SPE Calgary Section Service Award and the Canadian Regional Service Award for his contributions to the society. \n  \nRegistration: Click HERE\nUPDATE (Oct 23): Due to unexpected water leak issue at our event venue\, we were forced to host the event in a difference place for October GM only. For the inconveniences this might have caused\, attendees from this month will receive a 15$ credit for November GM. \nNew Venue:\nRepublic Plaza\, 370 17th St 40th Floor\, Denver\, CO 80202\nOur sincere gratitude to Ovintiv for providing us with a venue with such short notice \n 
URL:https://denverspe.org/event/general-meeting-making-more-informed-business-decisions-through-rate-transient-analysis-in-unconventionals/
LOCATION:Ovintiv\, 40th floor\, 370 17th St\, Denver\, CO\, 80202\, United States
CATEGORIES:General
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