This workshop examines the key principles, technologies, and operational practices involved in the storage, transportation, and utilization of oil and gas. Participants will gain a comprehensive understanding of industry standards, safety considerations, and efficiency measures essential for managing hydrocarbons from production to end use.

Workshop Objectives

• Understand storage systems and their design considerations for oil and gas.

• Learn best practices for safe and efficient hydrocarbon transportation.

• Explore methods to optimize utilization and minimize product losses.

• Review industry standards and operational challenges across the value chain.

About the Presenter

The workshop is conducted by a professional with experience in oil and gas logistics, terminal operations, and hydrocarbon management. The presenter has a proven background in optimizing storage, shipping, and utilization processes across various segments of the energy industry.

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Material Balance Modeling
November 28, 2026 - November 29, 2026
Material Balance Modeling

Material balance is one of the most direct methods available to a reservoir engineer for estimating hydrocarbons in place, identifying the drive mechanism and forecasting reservoir performance. It requires far less data than a full numerical model, and when it is set up correctly it produces results that can be defended in technical reviews and reserve audits.This workshop covers the complete material balance workflow as it is applied on producing assets. It begins by placing the reservoir within the integrated production system, then moves through data preparation and quality control, tank model construction, drive mechanism identification, and the use of analytical and graphical diagnostic tools. Participants work through the classical diagnostic plots, including Dake and Campbell, and learn how to read what each plot indicates about depletion, gas cap expansion and water influx.The second part of the workshop addresses history matching using both analytical and graphical techniques, determination of STOIIP, aquifer identification and sizing, and running prediction cases to generate production forecasts and recovery estimates. Results are compared against volumetric and simulation-based estimates so that participants understand where material balance is reliable and where a numerical model becomes necessary.The workshop is delivered at an advanced level and is intended for engineers who already work with production and pressure data and want a structured, repeatable method for in-place volumes, drive mechanism evaluation and performance prediction.