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Field Production Optimization using Agent Based Simulation

Risk Free Analysis of Proposed Improvements

Home » Training Courses » Information Technology » Field Production Optimization using Agent Based Simulation

This intensive training course on Field Production Optimization using Agent Based Simulation has been specifically designed to give professionals the skills needed to accomplish your company's goals.

Course Schedule

Date Venue Fees($)
09 - 13 Dec 2018 Dubai-UAE $4,750
21 - 25 Apr 2019 Dubai-UAE $4,950
08 - 12 Dec 2019 Dubai-UAE $4,950

Why Choose this training Course?

As the complexities of real life systems increase so has to increase our understanding of them. Issues that are regularly arising in oil and gas exploration, production and transportation industries must be optimized in order to achieve increase in productivity and efficiency.  Oil and gas industry requires constant innovation throughout the sector, update of present practices, and implementing new technological advances.

Process updates, innovation implementation usually interrupt existing projects and cause delays, although they are there to remove them, this causes frustration and difficulty in implementation. On other hand, not implementing innovation, reducing research and not updating processes, threatens sustainable profitability. Agent Based Simulation modeling ensures effective change implementation by enabling analysis, optimization, and experimentation in an environment that can fully capture the details of operations in risk free environment, companies can implement and analyze changes without interruption in production, the problems and risks can be identified and addressed in the beginning of the project, before they appear in real life implementation.

This training course will feature:

  • Forecasts of well productions
  • Production decline analysis
  • Optimization Techniques-Linear Programming, Non-Linear Programming,
  • Agent-based, system dynamic, and discrete event modeling
  • Using AnyLogic simulation software for process analysis and optimization
  • Implementation of the optimum values of parameters in the production system
  • How to harness the power of data acquisition and process simulation for production planning?

What are the Goals

By the end of this training course, participants will be able to:

  • Learn the optimization techniques and tools
  • Understand the differences between Agent-based, system dynamic, and discrete event modeling
  • Acquire the knowledge how to use AnyLogic software
  • Realize the potential of multimethod simulation approach
  • Understand how to simulate complete oil and gas field

Your Potential, Our Passion!

View our complete Training Courses Schedule from here

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