Online webinar: Multi Scenario Field Development Planning for Maximum Economic Efficiency

Topic: Multi-Scenario Field Development Planning for Maximum Economic Efficiency

Description:
Multi Scenario Field Development Planning (MSDP) is a web based workflow, which is used to perform multivariate trials and work out the optimal package of field redevelopment actions, on different 3D model realizations of a petroleum asset.

With the help of MSDP, it is possible to start iterating and refining the different redevelopment scenarios. Different 3D model realizations can be used and separate iterations made, to come up with the best field development scenario, verified across all different digital asset realizations.

This makes it possible to create the optimal FDP with maximum immunity to current field uncertainties and design a fit-for-purpose surveillance strategy to support optimal production.

Date: June 26, 2020

Presenter: Sameer Joshi
Company: Sofoil