Best Practices in Surface Production Operations Management

Introduction

Oil and Gas production in the form of accurate measurement and back-allocating volumes to the wells, efficient production deferment tracking and enhanced integrated production planning process poses a challenge to proper management of an oilfield asset.

In the oilfield, it is a routine practice to carry out these activities (consciously or otherwise) without recognizing and adhering to best practice. Case study indicates that inaccurate measurements of crude oil & gas production represents about 10% revenue lose to an asset with attendant legal consequences or confidence impact in some instance.

Other identified challenges associated with poor management of crude oil production include:

• Weak deferment administration process
• Inefficient metering system
• Poor allocation and reconciliation processes

This naturally cascade into unreliable business planning cycles and field reserve estimation. This Best Practice in Surface Production Operations Management training  course will go steps further to highlight current best industry practice with field experience including challenges and how to mitigate identified challenges. This training course will further show how an integrated production operations approach is applied in addressing these challenges including custody transfer and other terminal nodes. 

This GLOMACS training course will feature:

• Overview of Surface Production Operations
• Metering Systems
• Production Deferment Administration
• Production Allocation & Reconciliation
• Integrated Production / Injection Plan

Objectives

The goal of this training course will focus on the following objectives:

• Understand the challenges associated with production operations management
• Highlight best practice in metering, deferment administration and planning
• Generate strategy to meet the business-driver in an asset using case study
• Provide appropriate improvement process

At the end of this training course , you will learn to:

• Manage an operating asset with best-in-class practice initiative
• Understand the best management approach peculiar to your asset
• Recognize what to watch for in production operations practice
• Develop asset-specific integrated production plan
• Develop asset specific metering and deferment framework

Training Methodology

This Surface Production Operations Management training course will be in a workshop format with strong emphasis on industry best practice alongside an interactive approach from all participants.