APPEA 2019

RISC are exhibiting at the 2019 APPEA Conference & Exhibition this May in Brisbane! This year the conference will examine the biggest issues facing our industry today and provide an in depth analysis on how to navigate through this disruptive period in the future. RISC’s Ian Cockerill, Joe Collins and Antony Corrie-Kielig will be presenting in the concurrent sessions of the technical program over the course of the three days; details for each session are provided below.

APPEA is the largest annual upstream oil and gas event in the southern hemisphere, and an event not to be missed. Make sure to register now and head down to visit us at booth #86.

Exhibition Details

27-30 May 2019 | Brisbane Convention Centre | RISC Advisory Booth #46 – view the exhibition floor plan here.

Presentation Details

Rigorous Gas Field Production Data Analysis

Session 12 – Optimising production from analysis to outcome | Wednesday 29th May | 11:15 am – 12:30 pm

Presenter: Antony Corrie-Keilig – Principal Consultant, Petroleum Engineer

With the advent of permanent downhole gauges and automated flowing tubing head pressure measurements, today’s engineers have a veritable plethora of production data on which to characterize gas reservoirs and estimate their ultimate recovery.  As consultants, we do see data sets that have not always been examined to their fullest potential. More often than not this is due to a singular approach to analysis, rather than application of concomitant analyses.

This paper discusses how combining traditional and more advanced production data analysis techniques has provided insight into fields ranging from tight gas reservoir to conventional reservoirs under active waterdrive. Such insight is not obtained from brute force application of one size fit all techniques,but understanding the appropriate combination of techniques is likely to illuminate the underlying physics of the reservoir at hand.

This paper also discusses the importance of such techniques in the reserves and resources estimation process, in particular the SEC reliable technology criteria.

East coast gas—resource potential at different gas price scenarios —part 1: Subsurface

Session 16 – Australia’s potential | Wednesday 29th May | 2:00 pm – 3:15 pm

Presenter: Ian Cockerill – Head of Geoscience

This presentation will show how the heterogeneity of gas potential across, and within, different basins of East Coast Australia, is driven by the underlying geology. A qualitative ranking of the gas potential of Australian East Coast Basins has been undertaken using a spatial analysis methodology of play fairway mapping.  Play components considered important for the presence and recovery of unconventional gas were mapped across all of the Australian East Coast basins of interest.  Well type curve and development plans from North American analogues for unconventional gas have been used to quantify the sweet-spot mapping using a methodology we have developed called Common Recovery Segment Mapping.  A range of potential resource numbers have been calculated for each play leading to a quantitation of the potential resource across the entire area of interest.

Integrating with current production and remaining potential from CSG and conventional field developments, this presentation will show how the heterogeneity of gas potential across, and within, different basins of East Coast Australia, is driven by geology, above surface considerations, and gas price.  The presentation will visualise how areas considered commercially prospective for gas will expand and contract under higher or lower gas price scenarios.

Unconventional resource potential at different gas price scenarios —part 2: Commercial

Session 28 – The next chapter of Australian energy | Thursday 30th May | 11:15 am – 1:00 pm

Presenter: Joe Collins – Principal Consultant, Development Engineer

Rising gas prices in the Eastern Australian gas market as well as forecast supply shortages in years to come are driving speculation about LNG import requirements for the market. There are significant similarities with the gas market experience in the USA in the early 2000’s which led to the construction of many LNG import terminals, the parallel rise of unconventional gas production and the subsequent mothballing of the LNG import facilities at huge economic cost. A comprehensive East Coast gas market study has been carried out based on the 2P reserves positions for domestic gas producers. This data has been paired with a range of gas demand forecasts to identify the probably supply gap on the East Coast over the next 10 years. A market response to the high gas pricing in the form of new developments is already underway. In a separate presentation (Part 1) all potential domestic sources of gas to fill that gap have then been analysed to determine likely gas supply rates, development schedules and breakeven supply costs for each of the major demand centers.

This presentation (Part 2) illustrates the required gas prices to drive unconventional gas development in Australia and how those developments can reverse the trend of rising prices over time as well as fill the supply gap that is forecast from the early 2020’s onwards.

If you’d like to organise a meeting with any of our personnel please forward your requests to admin@riscadvisory.com or head over to the contact us page of our website and fill out an enquiry form.