Mississippi Lime Congress 2014: Making It Work

523 views

Published on

Consistent economics in the Mississippi Lime is the number one objective for all Mississippi Lime operators. Operators need to drill wells with superior economics and they need to drill them more frequently - the question that remains then is, how?

The inconsistency of Mississippi Lime well performance cannot be isolated to any one particular factor and the solution therefore, can only be arrived at through a thorough inter-disciplinary analysis of the key factors currently impacting the profitability of the play. It is critical to collate latest geological and production data to provide an enhanced understanding of the geological complexity and the play and more importantly, how these geological variations have played into completions design, water volumes, artificial lift selection, well design and sweet spot identification.

The Mississippi Lime Congress 2014: Making It Work will provide practical solutions through an interdisciplinary approach looking at production optimization techniques, re-evaluating drilling and completion designs and re-assessing water management strategies.

Published in: Business, Sports
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
523
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Mississippi Lime Congress 2014: Making It Work

  1. 1. FOLLOWING THE FIRST SELL-OUT EVENT IN 2012... Making Mississippi Lime Wells Consistently Economic Targeting Low Water Cut Sweet Spots And Optimizing Production, Completions And Water Handling Techniques In Variable Mississippi Lime: Minimizing Inconsistencies In Production, Driving Down Water Handling Costs And Maximizing The Economics Of Every Well Drilled June 25, 2014 - Oklahoma City, USA Stephen Harpham EVP Engineering Dorado EP The Industry Collaboration Will Include... M Follow us @UnconventOilGas www.mississippi-lime-congress-2014.com Register By Friday APRIL 25, 2014 SAVE $200 INCREASING PRODUCTION... • TARGETING SWEET SPOTS: Understanding how to best predict sweet spots to optimize drill targeting and increase the repeatability of successful wells • ARTIFICIAL LIFT SELECTION OPTIMIZATION: Deploying a long-term production strategy by selecting the best artificial lift applications for the full life cycle of the well • COMPLETIONS DESIGN AND OPTIMIZATION: Examining completion design factors and techniques that have correlated to high productivity in different areas of the Mississippi Lime • ENHANCED WELL DEVELOPMENT PLAN: Identifying whether it is more economic to drill a vertical vs. horizontal well DECREASING COSTS... • TARGETING LOW WATER CUT ZONES: Drill targeting geological areas with low water saturations to optimize production vs. water and minimize water disposal costs • WATER DISPOSAL STRATEGY: Investigating cost-cutting opportunities to effectively handle produced water at every stage of disposal: from production through to transport and disposal • WATER TRANSFER COLLABORATION: Understanding how operators can collaborate to develop a cost effective pipeline system to minimize the overall cost of water handling Don Unruh Exploration Manager Sullivan Co. Don Walton Engineering Manager Calyx Greg Hall Partner BG Operating Kyle Murray Hydrologist Oklahoma Geological Survey Emet Elrafie Emad Elrafie Technology Center Project Manager Repsol Bob Sullivan CEO Sullivan CO. Organized By:
  2. 2. Register By Friday APRIL 25, 2014 SAVE $200 www.mississippi-lime-congress-2014.com (1) 800 721 3915 info@american-business-conferences.com Consistently economic results in the Mississippi Lime. That is the number one objective for all Mississippi Lime operators. Despite shallow depths and optimum geochemical levels, the economics of the wells are proving inconsistent. Operators have invested a lot of money in this play - we know the geological potential is there - but the critical question going forward is: how do we make this play work? Operators need to drill wells with superior economics and they need to drill them more consistently. The inconsistency of Mississippi Lime well results cannot be isolated to any one particular factor and the solution therefore, can only be arrived at through a thorough inter-disciplinary analysis of the key factors currently impacting the profitability of the play. It is critical to collate latest geological and production data to provide an enhanced understanding of the geological complexity and the play and more importantly, how these geological variations have played into completions design, water volumes, artificial lift selection, well design and sweet spot identification. The Mississippi Lime Congress 2014: Making It Work will provide practical solutions through an interdisciplinary approach looking at production optimization techniques, re-valuating drilling and completion designs and re-assessing water management strategies. The mission of the Mississippi Lime Congress 2014: Making It Work Congress is two fold... • INCREASING PRODUCTION • DECREASING COSTS The Mississippi Lime Congress 2014: Making It Work has been designed to answer some of crucial questions: • Sweet Spot Identification: how can operator’s drill more of the better producing wells and less of the poor ones? • Drilling Completions: once the sweet spot has been located, is there a way to drill and complete the wells cheaper, more efficiently and more effectively than what is currently being done? • Production: how can operator’s best lift these wells based on the geological characteristics in place to ensure pro-longed production to recover and exceed initial costs? • Managing Operational Costs: is there a way to manage water more cost- efficiently to increase the economic margins per well? This Is The Only Congress... aDesigned specifically to answer the biggest question operators have right now: how can we make the economics of the Mississippi Lime wells more consistent and attain superior economics on every well drilled? aLed by EPs focusing on the Mississippi Lime from a solutions- driven perspective. We are the only congress to take a multi- disciplinary approach to cracking the Mississippi Lime code. We will combine production and completions optimization with cost minimization (on water handling strategies) aTargeted at understanding the geological drivers and production mechanisms for such inconsistent production results aFocused on finding out how to increase production through production and completions optimization techniques aLooking at how to optimize water disposal and transport strategies to significantly drive down operational costs Venue Information: The Summit Will Be Held At: The Tower Hotel Oklahoma City 3233 Northwest Expressway Oklahoma City, OK 73112 Tel: 405 842 6633 Fax: 405 842 3152 Web: www.towerhoteloklahomacity.com Meeting Room: Gran Salon Ballroom
  3. 3. Agenda Wednesday June 25, 2014 8.00 Chair’s Opening Remarks KEYNOTE: COMPLETIONS PERSPECTIVE 8.10 Utilizing a Reno County, KS Case Study To Examine A Promising Yet Challenging Mississippian Area: Identifying How Drilling And Completion Strategy Has Evolved Over Time • Identifying a widespread hydrocarbon accumulation through basic mapping and formation evaluation • Delineating sweet spots to high grade well positions and ensure superior wells are drilled • Examining infrastructure design investment to minimize operating costs and support future drilling optionality • Tracking the evolution of the drilling design to decrease cost, yet maintain full completion flexibility • Evolving completion design to increase reservoir contact and drainage efficiency • Recognizing completion inefficiency through well performance and testing • Optimizing completions including landing position, casing design and fracture stimulation design to improve ultimate recovery StephenHarpham,EVPEngineering,DoradoEP 8.40 Question Answer Session KEYNOTE: ECONOMIC PERSPECTIVE 8.50 Identifying The Fundamentals Of Chasing Mississippi Reserves: Identifying The Key Elements for Success in Making the Mississippi Work • Identifying the importance of assembling the right team to determine the optimal approach to the play • Attracting the right kind of capital: securing the investment needed to further develop the play • Getting to know your rock in order to high grade acreage positions and optimize drill targets • Determining the right completion technique to optimize recovery of existing wells • Containing operational costs to minimize operational expenditure and improve economic margins BobSullivan,CEO,SullivanCo. 9.05 Question Answer Session KEYNOTE PANEL: INTERACTIVE DISCUSSION 9.15 Hearing The Closest An Operator Has Come To Drilling Consistently Economic Wells In The Mississippi Lime And The Overall Development Strategy Used To Achieve It • Exploration to production: hearing how a exploration and production team has drilled consistently economic wells in the Mississippi Lime • Identifying sweet spots and high grading acreage positions to optimize drill targets and ensure superior wells are drilled • Controlling drilling costs to minimize operational expenditure and improve economic margins • Completing Mississippi Lime wells more effectively through an enhanced frac design to optimize recovery of existing wells • Managing production costs through optimized artificial lift selection and application • Handling water efficiently and cheaply: identifying cost reduction strategies for the disposal, transport and treatment of produced water DavidHartz,VPOilGas,NaturalResourcePartners StephenHarpham,EVPEngineering,DoradoEP BobSullivan,CEO,SullivanCo. 9.45 Morning Refreshments In Exhibition Area INCREASING PRODUCTION THROUGH... SWEET SPOT IDENTIFICATION DRILL TARGETING 10.15 Understanding How To Best Predict Sweet Spots To Optimize Drill Targeting And Increase The Repeatability Of Successful Wells • Understanding if Mississippi Lime Wells are producing from whole intervals or pockets in certain intervals to identify the source of production • Using data from strong performing wells to understanding how those production results can be repeated in underdeveloped areas • Examining the performance of a range of wells to understand how production has varied according to depth, lateral length and location • Understanding how to minimize discrepancy between actual production results and original well expectations to minimize risk when drilling wells • Using 3D seismic data to identify heavily faulted areas to avoid traps and allow the targeting of structural traps for higher producing wells • Understanding porosity variations to determine optimal windows for targeting DonUnruh,ExplorationManager,SullivanCo. 10.45 Question Answer Session SWEET SPOT IDENTIFICATION 10.55 Understanding Key Performance Factors For Miss Lime To Define Sweet Spots: A Performance Quality Model • Identifying key production drivers to unlock performance inconsistency in Mississippi Lime wells • Using seismic, micro-seismic, data mining, 3D modelling, advance stimulation and stimulation modelling to infer better drilling location decisions • Drawing conclusions on the most favorable spots in the Mississippi Lime to drive direction for better performance in the future EmadElrafie,TechnologyCenterProjectManager,Repsol 11.30 Question Answer Session INCREASING PRODUCTION THROUGH... OPTIMIZED COMPLETIONS DESIGN COMPLETIONS OPTIMIZATION 11.40 Utilizing The Highest Performing, Cost-Effective Completions Techniques To Optimize Oil Rates And Obtain The Maximum Possible Return On Each Well • Evolving completions techniques to gain better access to the oil and the matrix • Understanding how completion fluids are selected and the types and volumes of fluids being used • Reviewing how operators are perforating intervals: examining shelves per foot and number of perforation clusters • Examining sliding sleeve completions vs. open holes, well packers or perforated cemented liners • Evaluating the use of different types, concentrations and volumes of proppants being used to derive it’s impact on production • Using latest production results to understand how performance varies with completions selection • Plug And Perf: Number of stages, perforations per stage, how perf clusters are situated and the run rates DonWalton,EngineeringManager,Calyx 12.10 Question Answer Session 12.20 Lunch In The Exhibition Showcase Area www.mississippi-lime-congress-2014.com (1) 800 721 3915 info@american-business-conferences.com
  4. 4. DRIVING DOWN COSTS THROUGH.... WATER MANAGEMENT: THE ECONOMIC DISPOSAL AND TRANSPORTATION OF PRODUCED WATER WATER TRANSFER COLLABORATION 1.20 Understanding How Operators Can Collaborate To Develop A Cost Effective Pipeline System To Minimize The Overall Cost Of Water Handling • Hearing a leading operator’s case study on how they have successfully executed water transfer pipelines with other operators • Understanding the volume of transportation needed in the Mississippi Lime play • Performing cost comparison of building collaboration transfer pipeline with trucking to determine the long-term cost benefits • Identifying different requirements for moving fresh water and produced water transfer via pipeline GregHall,Partner,BGOperating 1.50 Question Answer Session DISPOSAL WELL OPTIMIZATION 2.00 Increasing The Ratio Of Wells Disposed To Any One Disposal Well To Maximize Usage And Recover Costs Of Drilling The Disposal Well • Pinpointing the locations of disposal wells in the region to assess the transportation costs of disposing produced water to these sides • Examining how different formations impact the size of injection to determine the amount of produced water different formations can handle • Identifying formations stable enough to support disposal wells to derive optimal locations for future disposal wells in close proximity to production site • Ensuring the safety of injection wells to ensure waste water doesn’t leak into other formations • Maximizing the number of wells disposed into a specific disposal and minimize the amount of pipelines needed to get it there MichaelMoore,Hydrologist,OklahomaCorporateCommission 2.30 Question Answer Session PRODUCED WATER ANALYSIS 2.40 Examining Water Production Volumes And Produced Water Quality In The Mississippi Lime To Optimize Oil Production Vs. Water And Minimize Water Disposal Costs • Utilizing water:oil and water:gas ratios to predict produced water volumes coming from the Mississippi Lime • Anticipating total dissolved solids concentrations in produced water to estimate composition of produced water • Understanding the distribution of waste water disposal wells and best management practices for reducing both water handling costs and environmental risk KyleMurray,Hydrologist,OklahomaGeologicalSurvey 3.10 Question Answer Session 3.20 Afternoon Refreshments In Exhibition Showcase Area INCREASING PRODUCTION THROUGH... ARTIFICIAL LIFT AND PRODUCTION TECHNIQUES OPTIMIZATION PRODUCTION ECONOMICS 3.50 How An Operator Has Improved The Overall Economics Of Recovery In The High Water Saturation Mississippi Lime By Optimizing Production Techniques • Factors considered in the operator selecting the right pump techniques to increase well performance and rate of return • How data has been used to match pump performance over well decline and long-term sustained production of the well relative to pump type • Specifically comparing the leading lift methods of ESP and Gas Lift to establish the economic viability and usage over the well cycle BruceScambler,CEO,CantexEnergy 4.20 Question Answer Session PANEL: ARTIFICIAL LIFT SELECTION 4.30 Deploying A Long Term Production Strategy For Mississippi Lime Wells: Determining What Artificial Lift To Select When Wells Deplete To Under 400-500 Barrels Of Fluid • Observing how well bore conditions should be used to accurately select the • appropriate artificial lift technique • Assessing how cost, durability and failure rate have been successfully used • to select artificial lift techniques in the Mississippi Lime • Evaluating how production rates on past wells have been used to influence • artificial lift selection on new wells in close proximity • Comparing the runtime and impact of different Artificial Lift pumps and pump placements to determine optimal design equipment selection BruceScambler,CEO,CantexEnergy StephenHarpham,EVPEngineering,DoradoEP INCREASING RECOVERY THROUGH... AN OPTIMIZED WELL DEVELOPMENT PLAN VERTICAL VS. HORIZONTAL AND WELL STIMULATION 4.50 Debating The Economic Advantage Of Drilling Horizontal Wells In The Mississippi Lime: Comparing Costs And Results Of A Horizontal Well And A Proximal Vertical Well • Specifying how to decide which type of well should be used once a sweet spot is located to maximize production and ultimate netback • Highlighting the specific geological parameters where horizontal wells will provide an enhanced rate of return vs. vertical wells • Predicting rate of return increases from using horizontal wells vs. vertical to assess whether the production value outweighs the additional costs • Detailing how drilling vertically can alleviate the possibility of missing the pay zone EugeneHolubnyak,PetroleumEngineer,KansasGeologicalSurvey 5.20 Question Answer Session MONETIZING THE MISSISSIPPI LIME... THROUGH DIFFERENT FINANCING STRUCTURES LEASES 5.30 Explaining Mississippi Lime Lease Holds To Understand Monetization And Financing Options • Looking at an overview of operators and results to date to better understand recent acreage price trends • Reviewing large transactions in the Mississippi Lime to understand how acreage transactions have been structured and valued • Examining different financing structures and options for leaseholders to assess future transaction decisions JoshYoung,Co-Founder,ICOMarcellusLLC 6.00 Question Answer Session 6.10 Chair’s Closing Remarks And End Of Conference www.mississippi-lime-congress-2014.com (1) 800 721 3915 info@american-business-conferences.com SAVE UP TO 20% ON GROUP DISCOUNTS Call for rates: (1) 800 721 3915 Agenda (continued) Wednesday June 25, 2014
  5. 5. Address For Invoice Purposes Zip/Postal Code Country Payment must be received in full prior to the event. * Option 1. CREDIT CARD Please charge my *VISA *AMERICAN EXPRESS *MASTERCARD Expiry date Security Code / CVV (required) Signature of card holder Amount $ USD Card number Name on card I would like to register the delegate(s) below for the conference Mississippi Lime Congress 2014: Making It Work PYes Details PLEASE USE CAPITALS - PHOTOCOPY FOR MULTIPLE DELEGATES Delegate Rates GUESTS ARE RESPONSIBLE FOR THEIR OWN TRAVEL AND ACCOMMODATION ARRANGEMENTS Payment PLEASE TICK APPROPRIATE BOXES AND COMPLETE DETAILS How To Finalize Your Registration * Option 2. INVOICE An invoice containing payment instructions will be sent electronically upon receipt of the completed registration form. Delegate 1 *Mr *Dr *Miss *Ms *Mrs *Other: Name Position Organization Email Telephone Delegate 2 *Mr *Dr *Miss *Ms *Mrs *Other: Name Position Organization Email Telephone SAVE UP TO 20% ON GROUP DISCOUNTS Call for rates: (1) 800 721 3915 All prices quoted above are inclusive of GST Now that your details are completed please send your registration form to our Customer Service Team using one of the following options: Option 1. Email: info@american-business-conferences.com Option 2. Fax: (1) 800 714 1359 Enquiries And More Information Should you have any enquiries or if you would like to request more information please contact our friendly Customer Service Team on (1) 800 721 3915 or visit the conference website at www.mississippi-lime-congress-2014.com www.mississippi-lime-congress-2014.com (1) 800 721 3915 info@american-business-conferences.com Super Early Booking Discount Early Booking Discount Standard Rate Book And Pay By Friday April 25 Book And Pay By Friday May 23 From May 24 Conference Pass *$999 USD SAVE $200 *$1099 USD SAVE $100 *$1199 USD Add Audio Recordings *$399 USD Terms Conditions The conference is being organized by American Business Conferences, a division of London Business Conferences Ltd, a limited liability company formed under English company law and registered in the UK no. 5090859. Cancellations received 30 days prior to the start of the event will be eligible for a refund less $150 administration fee, after this point no refund will be given. Cancellations must be made in writing, if you are unable to attend you may nominate a colleague to attend in your place at no additional cost. Receipt of this registration form, inclusive or exclusive of payment constitutes formal agreement to attend and acceptance of the terms and conditions stated. All outstanding fees must be paid within our standard payment period of 7 days. Any outstanding invoices will remain valid should cancellation of attendance be received outside of the aforementioned cancellation period. *If you are claiming the early booking discount this may not be used in conjunction with other discounts advertised elsewhere. All discount codes and offers must be claimed at the time of registration. American Business Conferences reserves the right to alter or cancel the speakers or program. American Business Conferences reserve the right to refuse admission. We would like to keep you informed of other American Business Conferences products and services. This will be carried out in accordance with the Data Protection Act. Please write to the Head of Marketing, American Business Conferences at the address below if you specifically do not want to receive this information. American Business Conferences. City Center One. 800 Town Country Blvd. Suite 300. Houston. Texas. 77024 American Business Conferences will not accept liability for any individual transport delays and in such circumstances the normal cancellation restrictions apply. American Business Conferences is a Division of London Business Conferences Limited, Registered in England No. 5090859 EIN. no: 98-0514924

×