June 2017 Newsletter

Message From the President

Dear Members & Friends of the LPS,

Seminars, seminars, and more seminars! A rich selection is coming your way!

1. We have a fantastic set of speakers lined up for next Wednesday 5th July, for our seminar titled ‘From Petrophysics to Geomodel’. The day’s agenda is detailed on the next page, and tackles head-on the challenges of upscaling petrophysical and reservoir data from wellbore to the 3D model, with several field examples used to highlight workflows. Definitely a seminar NOT to miss!

2. ‘Call for Abstracts’ is now open for our September seminar, titled ’Challenging Reservoirs’ with presentation titles to be submitted by 4th August.

3. The SPWLA Annual Symposium has just wrapped up in Oklahoma, a successful event with 600+ people registered. This suggests the tides have turned, boding well for our London 2018 event. The incoming SPWLA President is Brett Wendt, who has already reached out to the Chapter Presidents with very positive discussions on our future integration.

4. A full 5-day professional course on ‘Integrated Petrophysics for Reservoir Characterisation’ will be held by Mark Deakin on 16-20th October. The LPS is sponsoring this course, with full details on page 17.

5. A 3-day interactive training course on 16-18th August titled ‘Log Data Acquisition & Quality Control’. This well-known course was originally created by Philippe Theys, but is now delivered by Martin Storey under an exclusive license. The LPS is sponsoring this course also, with full details on page 18.

We have tightened our Travel Policy which reimburses reasonable travel for students coming from outside London, and the new rules can be seen at https://lps.org.uk/about-lps. Finally, I am proud to announce that those members who are genuinely unemployed (not ‘part-time consultants’), will be able to attend the LPS seminars for half price. Hope to see you on July 5th!

Best Regards,

Michael O’Keefe – LPS President

May 2017 Newsletter

Message From the President

Dear Members & Friends of the LPS,

All abstracts have now been received for our third One Day Seminar which is coming up quickly – in a little over five weeks! The seminar is titled ‘From Petrophysics to Geomodel’ and will explore the useful subject of upscaling petrophysical data to a static geomodel. From porosity and saturation to fluid contacts and saturation height models, supplemented of course by real data and fresh case studies. We have secured some leading industry experts, so be sure to register on our website for this event on Wednesday 5th July.

On Tuesday 6th June we have the pleasure of hosting German Merletti at our Evening Meeting. German is a Field Study Petrophysicist at BP, working in Unconventional Reservoirs Technology. His presentation will be ‘How Pore-Scale Attributes May Be Used to Derive Robust Drainage and Imbibition Water Saturation Models in Complex Tight-Gas Reservoirs’ and is sure to draw a crowd! Entrance is free, and of course will be followed by wine & savouries.

This will be our last Evening Meeting for some months, as there is no meeting during the Summer (July & August). So after our Seminar on 5th July we shall re-convene with hopefully some good suntans on Tuesday 5th September.

The SPWLA 58th Annual Symposium will be held in Oklahoma City on June 17th—21st, and there will be several members of the LPS attending. The subcommittee is making steady progress in preparations for the 2018 London event, which will provide much benefit to us as the Host Chapter. A video highlighting the attractions of London has been prepared, and will be shown at the end of the Oklahoma event to showcase London. Furthermore there will be a ‘London 2018’ stand in Oklahoma, so if you are going and wish to assist on our stand, please contact either myself or the committee chairman Clive Sirju.

Best Regards,

Michael O’Keefe – LPS President

April 2017 Newsletter

Message From the President

Dear Members & Friends of the LPS,

If you know of a young professional (or are one!) with up to three years industry experience and involved in formation evaluation, there is still time to nominate them (or apply personally) for the ‘Dick Woodhouse Award’, which encourages the pursuit of excellence in petrophysics. In addition, both MSc student bursaries and PhD student grants are provided through the ‘Iain Hillier Academic Award’ with all applicants sharing the same deadline of 1st May. Please refer to our website for details on how to submit applications.

Our parent organization, the SPWLA, is currently holding an election for the International Board of Directors for 2017-2018/19 and I would like to highlight that our very own Liz Davis (BP) is nominated for the position of VP Technology. Liz has held a similar role on the LPS Executive Committee from 2012-2016, as well as VP Arrangements. She has been a very influential voice in our organization for many years, so for all our members in SPWLA I strongly encourage you to get behind our local UK representative, and vote for Liz.

I would like to thank Tim Pritchard for authoring this month’s technical article on the ‘Future of Petrophysics’. Tim is a well-known and influential figure who was previously Head of Petrophysics for BG Group, and has now transitioned into the academic world at the University of Leicester. A very interesting read!

Thanks to all those who attended our One Day Seminar on ‘Core Analysis Essentials’ held on 16th March. We had a significant turnout, and the lectures were noted to be of high quality. At only £150 for access to 12 leading industry experts, our seminars represent the best value in the industry today.

The ‘Call for Abstracts’ is now open for our July Seminar ‘From Petrophysics to Geomodel’. Presentations are only 25mins and there is no requirement to distribute your material if sensitive. Finally, please note that our next evening meeting is on Wednesday 10th May, not the traditional Tuesday. See you then!

Best Regards,

Michael O’Keefe – LPS President

March 2017 Newsletter

Message From the President

Dear Members & Friends of the LPS,

March is already upon us and the year is in full swing! Next week on Thursday 16th we host our seminar on basic petrophysics, “Core Analysis Essentials”. This one-day event is aimed at oilfield professionals from Asset Managers to petroleum engineers who do not work with core data, but wish to develop a greater understanding of the key processes involved. From cutting & handling of cores, to specialized laboratory measurements, with a view on quality control. Recent developments will be presented, including utility in tight gas sandstones and unconventional reservoirs. Case studies will highlight some real-world examples, and of course we tie it back to petrophysical properties such as pore size distribution and permeability. With 12 expert lecturers from operators, universities and service companies, this is the definitive seminar on Core for 2017. The full agenda is on pg 2, so don’t miss out – register today!

Just last Monday we had the honour of listening to Professor Paul Glover from the University of Leeds, who presented a fascinating view into fractal modelling, and how it can be used to address heterogeneities and anisotropy within the reservoir. Our next Evening Lecture will be on Tuesday 4th April by SPWLA Distinguished Lecturer Monica Vik Constable, on measuring formation resistivity several meters ahead of the drill bit. This allows drillers to react proactively, and is changing trajectories in real-time for optimal reservoir penetration. Monica’s abstract is given on pg 4, and entrance is free of charge.

An update on the new SPWLA charter – the Executive Committee have received a revised edition which is considerably more beneficial to the LPS. We are drafting a new Constitution which will be sent to all members for voting in May.

Continuing our 2017 series of technical articles, Jim White (independent) has authored an article on “Petrophysical Trends in 2016” which is a comprehensive summary of papers from the SPWLA 57th Symposium held at Reykjavik in June 2016. An excellent reference for those of us unable to attend.

Best Regards,

Michael O’Keefe – LPS President

February 2017 Newsletter

Message From the President

Dear Members & Friends of the LPS,

Thanks to the multitudes who attended our recent ’New Technology’ seminar on 24th January! We hosted 16 lecturers covering mud logging, core, LWD, wireline, & conveyance. The feedback received focused on the high quality of talks, with thanks to Dawn Houliston (VP Technology) for pulling it all together! A record of 85 participants illustrates the renewed optimism in our industry.

With all this technology recently available, the onus is now firmly on O&G Operators to embrace these advances in their quest to book reserves & develop resources. Most of us realize that maximizing focus on early data collection will optimize project costs over the life-time of any asset. It is the duty of our profession not only to conduct technical evaluations, but also to justify the value of adopting new technology (where appropriate) and prepare convincing financial arguments to line management & other stakeholders, of their benefit. Recent cuts in operator AFE well budgets have reduced understanding of reservoir complexities to a most basic level, yet at a time when the reservoirs we encounter are at their most complex! The economic pitfalls of under-evaluating a field has led to a cascade of unfortunate consequences for far too many operators in recent years. It is time for our profession to make a stand- for the long-term viability of producing these reserves in the most economical manner.

Our next One Day Seminar is coming up soon. ‘Essentials of Core Analysis’ will be held on Thursday 16th March. And a note that our next Evening Lecture will be held next Monday 27th Feb, where Professor Paul Glover from the University of Leeds, will present ’Advanced Fractal Modelling of Heterogeneous Reservoirs’.

Also within this Newsletter we continue our series of technical articles, with the well-known Professor Paul F. Worthington writing ‘On the Containment of Petrophysical Uncertainty’, which I am sure you will all find a good read. And now is the last chance to sign up for Membership and receive the presentations from our ‘New Technology’ seminar. It is currently still free – check our website.

Best Regards,

Michael O’Keefe – LPS President

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