Anderson Thompson Breakfast Series

We would like to thank Anderson Thompson Reservoir Strategies for sponsoring this Breakfast Series. 

Anderson Thompson is a team of reservoir engineers, geoscientists, and hydraulic-fracturing specialists, whose mission is to support your efforts to improve the performance and profitability of your unconventional assets through practical and innovative field-development optimization. We partner with oil and gas operators and investors ranging from start-ups to multinationals. Our team has world-class expertise in unconventional reservoir characterization and production forecasting. We have broad international basin experience, with specialization in the Permian, Eagle Ford, Bakken, Marcellus, and Montney plays.

 

Please enjoy the presentations below, courtesy of SPE Calgary and Anderson Thompson Reservoir Strategies.

 

      

Using Reservoir Engineering Insight to Guide Oil and Gas Investment Decisions. 
Presented by David Anderson,Director
November 3, 2016

Abstract.  Ever wonder why some operators seem to consistently perform better than others? Does it make you nervous to spend millions of dollars drilling, completing and stimulating wells without being able to predict how they will perform, much better than simply rolling the dice? These and other similar questions are not always front and center in the investment community, but are critical to profitability in the oil patch. The answers are elusive, but to even get close requires some insight into the reservoir and what drives production. There is a sea of oil and gas data that is used to generate research reports and investor materials. Conclusions that are reached from analyzing this data may appear logical, but are often incorrect. This presentation focuses on using reservoir engineering insight to sort through the noise, identify common fallacies and find hidden gems using publically available oil and gas data. 

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Petrophysicists & Completions Engineers Working Together to Better Predict Fracture Properties.
Presented by Adam Staruiala , MSc, G.I.T.
November 10, 2016

Abstract.  Understanding how a specific completion and treatment design will interact with a specific reservoir is a critical step in achieving an optimized field development program. This cannot be done without a close coupling of petrophysics and fracture modeling. Unfortunately, the role of the geoscientist and completion engineer are often siloed in the oil and gas business. Hydraulic fracture modeling is often performed by completion engineers without understanding the underlying geology. This presentation focuses on building an integrated workflow, combining geoscience and hydraulic fracturing disciplines, whose purpose is to characterize the fracture system created by the completion. Once the fracture system and its effectiveness is understood in a practical way, field development can then be optimized for the next generation of wells drilled.


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How Rate Transient Analysis Has Revolutionized Our Understanding of Unconventional Reservoirs. 
Presented by John Thompson, Senior Reservoir Engineer 
November 17, 2016

Abstract.   For decades, RTA has been used by reservoir engineers to understand well performance drivers and quantify reserves. More recently, RTA has firmly established itself as a core component of an integrated reservoir study. The reason for this is simple:  when coupling its results with those from other subsurface sciences, RTA has been repeatedly demonstrated to greatly reduce uncertainty surrounding reservoir and fracture properties; properties which must be understood to optimize a field development program. This presentation demonstrates the latest applications of RTA, by itself and as part of an integrated workflow. Case studies featuring examples from the Bone Spring, Spraberry, Wolfcamp, Meramec, Cardium and Montney are showcased.

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How New Technology Will Drive the Oil and Gas Industry Forward.
Presented by David Anderson, Director 
November 24, 2016

Abstract.  Technology has delayed the once -considered-inevitable “peak oil” and its subsequent decline, allowing the commercialization of oil and gas resources that were previously thought to be unrecoverable. This, of course enabled the shale boom in North America, leading to oversupply and ultimately contributing to the collapse of the global oil market. So, has technology brought us from $120 to $40 oil? In a way, yes, but technology will also pave the way for an abundant and inexpensive supply of hydrocarbons many years into the future, which is good for everyone. Completions technology has been and will continue to be at the forefront of this trend, enabling an more efficient, predictable and scalable connection between the wellbore and the reservoir. This presentation focuses on evolving completion technology and how it will benefit the oilfields of the future.


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