Artificial Lift Techniques & Production Optimization 2014
Venue: bmo centre, hall e s
|Event Date/Time: Mar 25, 2014 / 8:30 am - (MST)||End Date/Time: Mar 26, 2014 / 6:10 pm - (MST)|
Last year, CAPP estimated that tight oil production in Alberta would reach 408,000 bpd by 2030. This year CAPP increased that prediction to 703,000 bpd by 2030. Indeed, the influx in Canadian tight oil production is evident with some unconventional oil producers boasting growth in reserves and production as high as 18% and 7% annually over the past 10 years with increased exploitation of oil fields such as the Duvernay, Montney and Bakken. However, in order for the full potential of these estimates to be realized, operators need to reduce production costs and plan for the full life cycle of the well ; from artificial selection, landing the pump, mitigating sand and gas hazards, to chemical treatments, automation, and EOR. It is believed that with time, production costs can be driven below $60/bbl in light, tight oil production. However, in order to achieve this operators must first optimize every stage of the production cycle.
The Artificial Lift Techniques And Production Optimization Canada 2014, taking place in Calgary on March 25 and 26, is the first congress designed solely for production professionals in Western Canada. The E&P-led congress will deliver a comprehensive technical agenda that seeks to reduce downtime and maximize recovery in Canada's low-perm, shale and tight oil plays such as the Montney, Cardium, Viking, Duvernay, Bakken, Slave Point, and Swan Hills. Production executives, VPs, managers and technical experts will be will evaluate primary production economics, equipment selection and field development to reduce production costs. Operators will be delivering case studies on how to optimize artificial lift and EOR techniques in shale and tight oil wells to lengthen production between workovers and maximize ultimate recovery.