Reservoir to market: generating project value by coupling surface facilities with reservoir data in integrated asset modelling
Stephen StokesINTECSEA, 600 Murray Street, Perth, WA 6005, Australia. Email: stephen.stokes@intecsea.com
The APPEA Journal 57(2) 652-655 https://doi.org/10.1071/AJ16216
Accepted: 27 March 2017 Published: 29 May 2017
Abstract
Reservoir to market is a cutting-edge integrated asset modelling (IAM) initiative that is deployed to deliver robust field development and concept design solutions with enhanced project economics. The approach offers the potential to identify supply-chain cost reductions across the full spectrum of upstream developments, from full field development planning to individual equipment item modification. The process offers particular value in Greenfield and Brownfield development planning, in identifying and assessing sensitivity options and in definition of the optimum concept.
Keywords: field development planning, integrated asset modelling, project recycle, project value, reservoir to market.
Stephen Stokes is a chartered (CEng MIChemE) engineer with over 15 years of experience in the oil and gas industry, covering all project stages from the front-end through to detailed design to commissioning, operation and abandonment. He is a consultant for INTECSEA in Perth, with a technical remit to deliver robust field-development and concept-design solutions for clients in the APAC region. His previous roles have included Flow Assurance Team Leader, managing a department of over 12 specialists, providing high-quality support to the design and operation of subsea systems. He is an advanced simulation user and brings a solid working knowledge of integrated production modelling tools. His combination of experience is ideal for driving the development of full field development plans that are robust over the project lifecycle. |
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