[ENCI-l] Dr. Jim Crafton's Presentation - Wednesday January 19, 2010: Petroleum Production Engineering - Production Analysis & Stimulation Effectiveness

[engg-enci-l at mailman.ucalgary.ca]

To all engineering students,

Dr. Moore and Dr. Mehta will be hosting the following presentation:

Dr. Jim Crafton at the University of Calgary to give a short presentation on
Petroleum Production Engineering - Production Analysis & Stimulation
Effectiveness (summary below). 

 

When:  Wednesday January 19, 2011

Where: ENE 328

Time: 6:00pm to 7:00pm 

 

Petroleum Production Engineering - Production Analysis & Stimulation
Effectiveness

 

At this time, with current economic constraints, any petroleum
company/operator is concerned about the costs associated with their
operations, the decision-making process and the resulting methods employed.
As such engineers (especially new engineers) need to make careful and
thought out decisions to maximize revenue and minimize costs. 

 

In this presentation a real-world example will be presented as a framework
for discussion of the strengths and limitations of methods used to make
value-added decisions.  There will be a focus on analyzing production data
and the economic impact of decisions about treatment additives, proppant
conductivity, fluid types, job size, and other mechanisms typical used to
extend the production lives of well and generally increase well production.
The methods and metrics presented will account for different operating
practices, reservoir quality, and other pertinent variables encountered in
petroleum operations. Methods will also be suggested that increase value at
substantially less cost. These methods are consistent with the new reserves
evaluation concepts supported by the SEC and the example will also show the
consequences of certain decisions in dollar value.

 

This presentation will be especially useful for engineers thinking about
working in the Petroleum Engineering field or engineers already practicing.

 

Biography of James Warren Crafton 

James Crafton is the founder of Performance Sciences, Inc. of Evergreen,
Colorado.  He graduated from University of Missouri Rolla in 1965 with a
Bachelor's Degree in mining engineering, petroleum option, and in 2002
received the Honorary Degree of Professional Petroleum Engineer.  He earned
a Master's Degree in petroleum engineering from the University of Oklahoma
in 1966 and a Ph.D. in petroleum engineering from the University of Tulsa in
1975.  

As Chief Reservoir Engineer at Panhandle Eastern Pipeline Company, he began
the development of production data analysis in conjunction with pipeline and
reservoir management, in addition to managing the company's explorations and
development activities  in the DJ Basin, Powder River Basin, Piceance Basin,
eastern Green River Basin, as well as all  Mid-Continent activities.  While
on the faculty at Colorado School of Mines, he taught pressure transient
theory and integrated exploration methods for over ten years.  He discovered
the "Fluid Conveyor" system for moving fluids, recognized by the U.S. Patent
Office as a new process for fluid transport.  Dr. Crafton discovered and was
granted the naming privilege for the Ricochet Formation and Unconformity, a
major Gulf Coast geologic marker.  He has developed the theoretical and
practical bases for the Reciprocal Productivity IndexT technique which has
become a practical method used worldwide for the evaluation of producing
oil, gas and coal bed methane wells.  

 

Dr. Crafton was an SPE Distinguished Lecturer for the 2003-04  season and is
now the Chair of the Society of Petroleum Engineers Distinguished Lecturer
Committee.  He is the Society of Petroleum Engineers Rocky Mountain Region
recipient of the  Distinguished Contribution to Production Engineering Award
for 2006.  He also received the Henry B. Matson Technical Achievement Award
from the Society of Petroleum Engineers (Denver Section) in 1991.
Professional and honorary society affiliations include the Society of
Petroleum Engineers, the American Association of Petroleum Geologists, Sigma
Xi Scientific Honorary Society and others.

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