A focused program on building resilient, compliant, and cost-effective supply chains for exploration and production. The course translates category strategies, contracting frameworks, and market intelligence into disciplined purchasing, assured delivery, and measurable value.

Workshop Objectives

• Develop category plans and sourcing strategies aligned to drilling, projects, and operations.
  
• Execute competitive bidding, contract models, and negotiations with clear risk and performance terms.
  
• Strengthen vendor qualification, quality assurance, expediting, and logistics for on-time, in-full delivery.
  
• Use KPIs, cost analytics, and governance to track savings, compliance, and supplier performance.

About the Presenter

Delivered by a senior supply chain practitioner with experience across upstream categories, contracting, and field logistics. Instruction emphasizes proven frameworks, auditable controls, and practical tools suitable for high-consequence, schedule-driven environments.

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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.