PETROENG 7053 - Integrated Reservoir & Project Management
North Terrace Campus - Semester 1 - 2015
General Course Information
Course Code PETROENG 7053 Course Integrated Reservoir & Project Management Coordinating Unit Australian School of Petroleum Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Intensive short course of lectures, seminars Available for Study Abroad and Exchange Y Assumed Knowledge Reservoir Geology, Material Balance and Decline Curve Analysis, Reserves Estimation, Reservoir Geophysics, Reservoir Drive Mechanisms, Reservoir Surveillance, Formation Evaluation, Well Performance, Fluid Evaluation, Development Planning Restrictions Available to MPetrolEng students only (who started program prior to 2015) Course Description This course will be comprised of 2 distinct short course components; Project Management and Integrated Reservoir Management.
Project Management outlines the necessary management processes and control methods required for the successful management of resources, budgets and costs, and schedule. Project management covers all major elements of project management, with emphasis on delivering a project in budget and on time. Areas covered will include an overview of project management, project initiation, project plan development, project execution and delivery, monitoring and control and project closeout. Key concepts, terms and principles of project management and project management methodology for the whole life cycle of a project will be covered. Students will learn to plan projects, handle multiple stakeholders, build a Work Breakdown Structure, estimate resources, optimise schedules, quality control, manage stakeholder communications, risk planning, tracking and reporting of project status. Students will also gain an appreciation of the roles and skills of the project manager and all team members.
Integrated Reservoir Management aims at bringing together learnings from geology, geophysics, formation evaluation reservoir engineering, wellbore engineering and surface facilities engineering. It will discuss a wide variety of reservoir description, surveillance, interpretation, studies, reserves determination, production forecasting and operational considerations which together constitute Integrated Reservoir Management. It focuses on providing a basis for practical development and implementation of Integrated Reservoir Management and Reserves Optimisation programs with emphasis on cost effectiveness and economic justification.
Course Coordinator: Dr Steve MackieProject Management: Peter Gilliland
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
1 Learn concepts and ideas behind integrated reservoir management (IRM) techniques that are most useful in the O&G industry. 2 Introduce specific practical tools & processes used by the industry. 3 Give opportunity to demonstrate, both as individuals and groups, how these tools and practices are beneficial to companies. 4 Understand the need for integration of data, skills and professionals to optimise economic outcomes in such a risky and unknown environment as the upstream oil and gas industry. 5 Define a project, and explain the essential differences between projects and ongoing work. 6 Identify all the people who have a stake in your project – the 'stakeholders' 7 Create a detailed project management plan; including a Project Charter, Scope Statement, Work Breakdown Structure, Network Diagram, Cost Budget and Risk Management Plan 8 Explain how to Execute, Monitor, Control, and Close the project and manage and motivate your team 9 Describe ethics and professional conduct for project teams
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1,2,4,5,6 The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1,3,7 An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1,3,5,6 Skills of a high order in interpersonal understanding, teamwork and communication. 3,7,8 A proficiency in the appropriate use of contemporary technologies. 2,4 A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 6,7,8 A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 6,7,8 An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 2,4
Recommended ResourcesIntegrated Petroleum Reservoir Management: A Team Approach, A. Satter and G.C. Thakur, 1994, PennWell
‘Project Management’ Gary Heerkens, 2004
Learning & Teaching Activities
Learning & Teaching ModesIntegrated Reservoir Management
Learning will be via individual and team research and presentation. Lectures and student presentations are expected to be Socratic in style with all students learning from each other.
The lessons will be conducted in the form of lectures supported by problem-solving tutorials and hands-on individual and team activities to promote participation, build team morale, and reinforce understanding of concepts.
The lecturer will relate and associate the topics to their own real life experiences in the working environment in order to ensure all students understand how the materials to be presented are relevant to them and the jobs they will be doing in industry. Real life examples and case studies will be discussed with commentary by the lecturer. This allows participants to appreciate the entire scenarios, processes, and the subsequent results.
In addition to PowerPoint presentations and flip-charts, used as key training aids to convey subjects in an easy-to-understand format, course participants will work together as teams in simulated project environments and are required to produce actual deliverables in the form of project management plans in a short period of time.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
Integrated Reservoir Management
It is expected that you will organise your time to prepare for the major group assignment (assignment 1) prior to the face-to-face lectures and undertake the individual assignment (assignment 2) after the face-to-face lectures. During the face-to-face lectures there will be time set aside for all tutorial preparation and presentation as well as the major group assignment presentation.
This course is structured as an intensive workshop format requiring all students' full attention and participation. Students are also required to read the recommended resources. The additional readings, as supplied, are also examined in the June / July examination period.
Learning Activities Summary
Project Management Lecture Day 1 - 3
"Tools and Techniques for effective Project Management"
1. Overview of Project Management
2. Project Initiation
3. Project Plan Development
4. Project Execution and Delivery
5. Monitoring and Control Project Closing
"Essential People Skills"
1. Review of "Project Management - 24 lessons (McGraw-Hill book)"
2. Communicating with your team
3. Managing conflict
4. Ethics and Professional responsibility A revision session followed by a short Multiple-choice exam will be held at the conclusion of Day 4
Integrated Reservoir Management Lecture Day 1 1. Introduction
2. Moomba Case Study
3. Reservoir Geoscience
4. Formation Evaluation
Day 2 1. Individuals, Groups & Teams
2. Fluid Evaluation
3. Reservoir Drive Mechanisms
4. Material Balance & Decline Curve Analysis
Day 3 1. Drilling and Completions
2. Surface Facilities
3. Reservoir Surveillance
4. Reserve Estimation
Day 4 Conclusions
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment SummaryIntegrated Reservoir Management:
For details of assessment dates please refer to the course assessment booklet that will be emailed to enrolled students by Dr Steve Mackie. The following is a summary of that information.
Assignment 1 – Group Presentation: 30%
As a group, chosen by yourselves and notified to me by 6th March 2015 research, prepare and present a 30-minute tutorial to the whole class at your assigned time during the intensive period. The presentation should encourage questions – and you should be ready to answer them! Due 7th - 10th April 2015.
Assignment 2 – Individual Research: 40%
Imagine you are now employed by an oil and gas company in your preferred area of expertise. You have just completed a brilliant industry short course that has demonstrated that your company can improve its profitability by “integrating reservoir management.” Write a succinct business memo to management that justifies the move to Integrated Reservoir Management. You will need to show management both the theoretical and practical benefits of integration. Remember that the oil and gas industry is a business and therefore the recommendation will need to be economically as well as scientifically driven. This assignment will be done individually. Due 5th June 2015.
Daily reading and discussion: 30%
Each day of the intensive part of the course (7th - 10th April 2015) you will receive technical papers that need to be read, analysed and presented to the class the next day. This will be done in allocated groups.
During class test and project plan: 40%
30%: Project Management Plan (Day 3 PM)
(Assessed by quality and completeness of the plan, and individual participation and contribution)
10%: 20 x Multiple Choice Questions (Day 4 PM)
Final Exam: 60%
2hrs, closed-book, ~15 short answer questions
All course materials and after-class readings are examinable
Assessment Related RequirementsThere will be in-term tests that will count towards the final assessment as stipulated above. Alternative test dates for students who cannot be present on the date of the test on medical and compassionate grounds can be requested through the Course Coordinator.
Assessment DetailThe individual assessment tasks are identified in section 5.1
SubmissionIntegrated Reservoir Management:
For details of submission of assessment please refer to the course assessment booklet emailed to enrolled students by Dr Steve Mackie.
Submission of assessment tasks will be handled in class.
Extensions for Assessment Tasks
Extensions of deadlines for assessment tasks may be allowed for reasonable causes. Such situations would include compassionate and medical grounds of the severity that would justify the awarding of a supplementary examination. Evidence for the grounds must be provided when an extension is requested. Students are required to apply for an extension to the Course Coordinator before the assessment task is due. Extensions will not be provided on the grounds of poor prioritising of time.
Penalty for Late Submission of Assessment Tasks
Assessment tasks must be submitted by the stated deadlines. There will be a penalty for late submission of assessment tasks. The submitted work will be marked ‘without prejudice’ and 10% of the obtained mark will be deducted for each working day (or part of a day) that an assessment task is late, up to a maximum penalty of 50% of the mark attained. An examiner may elect not to accept any assessment task that a student wants to submit after that task has been marked and feedback provided to the rest of the class.
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.Provision of Feedback to Students
Exercises will be returned to students within two weeks of their submission.
It is important that all students maintain active communication channels throughout the course. The primary communication channels to students in this course are as follows.
Email: Each student should regularly check his or her University-provided email account (email@example.com) for information from members of the academic staff concerning course work matters and other announcements as they arise. Make sure you clean up your Inbox regularly as if it is full you will not receive our email! We will regard an email message being sent to your student email address as our having communicated with each member of the class. Not reading one’s University provided email will not be a valid excuse for missing important deadlines etc
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