The UK’s Oil and Gas Authority (OGA) and The Netherland’s Energie Beheer Nederland (EBN) are inviting applications from MSc students with data analytic background supported by their universities to study existing data on oil and gas field recovery factors and create benchmarks.
The benchmarks will be used to predict the performance of current and future reservoirs on the UK Continental Shelf and gas fields in the Southern North Sea area of The Netherlands.
The pair of students selected will independently employ data analysis and regression analysis to examine existing OGA and EBN data sets and create easily updatable benchmarking that will allow a quick assessment of fields’ ultimate recovery factor without using reservoir modelling and simulation.
Benchmarking asset performance data, including field recovery factor, is one of the four core elements of the OGA’s Asset Stewardship Strategy, and this work will build on previous recovery factor benchmarking studies from both OGA and EBN.
It is estimated that the study should be completed in around 3 months and it will be peer reviewed by OGA and EBN senior reservoir engineers and lecturers from the students’ respective universities.
Panteha Ghahri, OGA Senior Reservoir Engineer, says, “This is a great opportunity for students to lead an exciting project that will bring real-world benefits in terms of increasing recovery factors and helping to maximise economic recovery.”
For further information on the project and how to apply email OGARFStudy@ogauthority.co.uk by Sunday 14 February.