PHDwin Week 2023 Presentation Schedule
Welcome to PHDwin Week 2023
9:00 am – 9:15 am
Join us as company president David Pacinda welcomes everyone with his opening address for the fourth annual PHDwin Week.
Quick Start | Install and Get Up Running in V3 Fast
Frankie Delgado | Managing Director | QED
9:30 am – 10:00 am
Featured Speaker Marylena Garcia P.E | Ryder Scott Co. LP |
10:00 am – 11:30 am
CCUS Essentials: Understanding Technical and Economic Considerations
JOIN NOW | Session Begins at 10:00 am CNT
Tutorial: Modeling Price Sensitivities in Both PHDwin V2.11 and V3
Jonathan Smith | PHDwin Insider
2:00 pm – 2:30 pm
Given the volatile energy prices of the last few years it is more important that ever to evaluate pricing ranges when calculating the economic value of reserves. See Jonathan Smith easily create price sensitivity models in the Models Maintenance Application that can be used in V2 or V3. Witness new tools in V3 for editing or auditing models.
PHDwin V3 SQL Backend and Integrations for the IT Professional
Jonathan Smith | PHDwin Insider
2:30 – 3:30 PM
Jonathan Smith delves into everything IT professionals can do with the PHDwin V3 SQL backend. He features tutorials on how to deploy our software at enterprise scale, and how to create custom integrations for improved performance and data flow.
PHDwin V3 for Latin America
“Optimización de Inversiones en Petróleo y Gas: PHDwin V3 para América Latina (Presentación en Español)”
Francisco Riveros | PHDwin Insider
3:30 PM – 4:30 PM
PHDwin en América Latina tiene el potencial de revolucionar la forma en que las empresas petroleras realizan evaluaciones de reservas.
Daily Introduction | PHDwin for your Career
9:00 am – 9:30 am
Re-cap of previous days sessions and run-down of today’s sessions. Join Now!
Tutorial: Powerful Reporting Features in V3
Garrett Hoover | PHDwin Insider
9:30 am – 10:00 am
Garrett Hoover, consulting specialist and lead reporting developer explores advanced features in Version 3. This session is targeted to V3 users who want to learn more about reporting functionality, streamline their reporting workflow, and become proficient users with PHDwin’s comprehensive reporting suite.
Featured University Speaker
David Rathgeber | Montana Tech
10: 00 am – 10:33 AM
Special Q&A (NEW!)
10: 34 am – 11:00+ AM
Please note, there will be a special Q&A session. We have added this in due to requests from our audience. Please make sure to check your e-mail for the Q&A link.
Creating Template Files for Your Organization in V3
Joshua Neese | PHDwin Insider | Lead International PSC/PSA Consultant
2:00 pm – 2:20 pm
Accelerating Evaluations with PHDwin Settings and PHZ3 Templates
With the increased functionality and features of PHDwin Version 3, users have more options than ever for evaluating assets. As a result, some users might find creating new databases for quick evaluations to be more time consuming and difficult. This session will discuss ways users can take advantage of the features of PHDwin to remove many of the obstacles and allow users to quickly start new evaluations with little effort. We will discuss how to define graph options for all new databases in the SQL instance and how to use PHZ3 files as starting templates to include things such as available price and expense models or user-defined views to aid in evaluations. Discover how taking some time at the beginning to give users good stating files will improve the speed and quality of your organization’s evaluations.
Young Professional in the Reserve Evaluation Space
2:30 pm – 3:30 pm
Join Dwayne Purvis P.E. and Chase Proctor from a prominent financial institution as they discuss Chase’s career up to becoming a Vice President of energy lending at Commerce Bank.
The Cost of Wrong Decline Curve Analysis for Strong Water Drive Reservoirs
Marshal Wigwe Ph.D | PHDwin Insider
3:30 pm – 5:00 pm
See more in Featured Section details below.
9:00 am – 9:15 am
Daily Introduction | How to be Successful in A&D
Quick-Start | Running a New Price Deck and Output Cashflow and Oneliner
Erin Randolph | QED Managing Director
9:30 am – 10:00 am
Featured Speaker | Yue (Crystal) Cao | DeGolyer & MacNaughton
Impact of Oil Prices on Reserves
Q&A Session right after!
Tutorial | How to Evaluate an A&D Package in PHDwin V2.11
Jonathan Smith | PHDwin Insider
2:30 pm – 3:30 pm
Considerations for Using V3 for Better Reserves in 2.11
Jonathan Smith | PHDwin Insider
3:30 pm – 4:30 pm
PHDwin 2.11 is the most successful release in TRC’s history, and as the A&D market heats up there are many 2.11 packages flying around that need to be evaluated. Jonathan Smith will walk you through how to effectively use 2.11, and will highlight some of the key features and defaults changed for 2.11.
Managing Assets Effectively with PHDwin
9:00 am – 9:15 am
Quick-Start: Mastering the Fundamentals of PHDwin
Courtney Stephens | QED Founder & CEO
PHDwin Week Speaker Since Year #1 | Fourth PHDwin Week Engagement
9:30 am – 10:00 am
Featured University Speakers
Demetrius Maxey & Dr. Samuel Asante Afari | University of North Dakota
10: 00 am – 11:30 AM
Q&A Session right after!
Quick-Start | Tricks for Importing Data in PHDwin V2.11 and V3
Marshal Wigwe Ph.D | PHDwin Insider
2:00 pm – 2:30 pm
Oil and Gas Industry Outlook Panel
Demetrius Maxey | Blackstone Texas
Jonathan Smith | PHDwin
J. Lee Cummings | AUNIX
2:30 pm – 3:30 pm
BONUS University Speaker
Stella Eyitayo | Texas Tech University
3:30 pm – 4:30 pm
Q&A Session right after!
The Future of Energy and Reserves Software
9:00 am – 9:15 am
Quick-Start | How to Export the Cases You Want in PHDwin V3
Ipher Li | PHDwin Insider
9:30 am – 10:00 am
Ever since the release of 3.1.12, PHDwin V3 has had the most powerful merge feature in the industry. But did you know it’s also an export? Come learn how with Ipher Li and make sure the packages you send just have the cases you want. Can’t miss session for V3 users!
Engineer as Craftsman
Dwayne Purvis | Founder & Principal Advisor
Purvis Energy Advisors
PHDwin Week Speaker Since Year #1 | Fourth PHDwin Week Engagement
10:00 am – 11:30 am
Special Q&A right after!
Quick-Start | New Report Options in 2.11
Garrett Hoover | PHDwin Insider
2:00 pm – 2:30 pm
PHDwin 2.11 is the most successful release in PHDwin history, and some of the new powerful reporting features are why. Garrett Hoover will show off some of these new reports he helped develop, and he is going to show a secret trick in 2.11 related to reporting that your organization might need.
Deep Dive | V2Connect and V3Connect: How to Utilize them and What They Can Offer
Jonathan Smith |
PHDwin Insider & PHDwinConnect Developer
2:30 pm – 3:30 pm
PHDwin 2.11 is the most successful release in PHDwin history, and some of the new powerful reporting features are why. Jonathan Smith will show off some of these new reports he helped devolp, and he is going to show a secret trick in 2.11 related to reporting that your organization might need.
Special Closing Session | 3:35 pm
PHDwin Week Speakers & Jonathan Smith Conclude our Week with a Grand Announcement & Round of Prizes
Featured Oil and Gas Reserves Consulting Speakers
Marylena Garcia, P.E.
Vice President, Head of Sustainability
Yue (Crystal) Cao
Vice President, Senior Economics
Featured Sessions from QED Energy Associates
Courtney Stephens
Founder & CEO
Erin Randolph
Managing Director, Training
Frankie Delgado
Managing Director, Technical
Featured Sessions from University Petroleum Engineering Programs
David Rathgeber
Lab Director, Enviornmental / Petroleum Engineering | PHD Candidate 2023
Stella Eyitayo
Petroleum Reservoir Engineer | PHD Candidate 2024
Demetrius Maxey
Demetrius Maxey, President of Blackstone Texas |
PHD Candidate 2023
Dr. Samuel Asante Afari
Featured Interview
Featured Panel Discussion
Featured Internal PHDwin Insider
Predicting the future performance of oil and gas wells is one of the major tasks reservoir engineers must periodically perform to estimate remaining reserves. This is an important job that should not be relegated to a mere exercise in curve fitting. This is because an engineer needs to select the appropriate method from the suite of available reserve estimation techniques such as material balance, decline curve analysis, etc. Within the decline curve analysis (DCA) technique, there are available models that are suitable for different reservoir types and for different points in the history of the reservoir. Even for the Arps’ model, different reservoir drive mechanisms would require the use of different model types depending on the b factor.
In this presentation, we discuss the use of the Log(WOR) vs Cum Oil plot as an alternative DCA technique for strong water drive reservoirs. The technique is applicable to waterfloods or reservoirs with high water cuts in general. We discuss the theoretical bases for the technique, as well as that of Arps’ method. Both models are used to forecast the future performance of 5 high water-cut wells. The results are evaluated and compared. From our findings, we make recommendations regarding the suitability of each method for use in modeling the cases at hand and why one method is preferred over the other from a technical standpoint.
This discussion highlights why production forecasting is not just a curve fitting exercise and why the engineer is, and continues to be, an important piece in the reserve evaluation process. Good production forecasting needs an engineer with the education or appropriate training qualifications to make good engineering judgments based on that training and experience. The engineer also has a good understanding of applicable engineering principles to be able to screen available DCA techniques for use in specific applications. You can’t accomplish these with an autofit.
PHDwin Insiders
Jonathan Smith
Francisco Riveros
Director of Sales and PHDwin Week Innovator
Quality Control Petroleum Engineering Specialist
Marshal Wigwe, Ph.D.
Reservoir Engineer
Garrett Hoover
Consulting & Lead Report Developer
Ipher Li
International Sales
Website Developer & Marketing