How to improve Petroleum Fields Development Practices implementation?

How to improve Petroleum Fields Development Practices implementation?

How to improve Petroleum Fields Development Practices implementation?

There is large room for Fields Development Practices implementation.
Areas of implementation:
- Better Observations
- Better Assumptions
- Better Calculations
- Better Decisions

Better Observations: More focused Formation Evaluation to fully understand the characteristic and peculiarity of the reservoir to be (or not to be) exploited. Do only what is strictly required to reach the objective, but avoid the shortcuts otherwise you will pay a “big penalty” later.

Better Assumptions: Reduce the assumptions at the minimum required. Be sure that the assumptions are consistent with the asset characteristics.

Better Calculations: Maximize the quality of your models: PVT model, Reservoir Model, Well model (sand-face and completion), Surface network model, Piping model, Fluids Separation model.

Better Decision: Take your decisions based on calculations and a clear and consistent strategy.