Stewardship

Strategic Partner Program

QRI forms strategic alliances with Clients from across the globe. These partnerships take different forms including; technical advisory to NOC/IOC, research assistance with academia, and investment analysis for large oil & gas investment funds. Clients include IOCs, NOCs, Independents, & Investment Firms.
QRI uses basic building blocks or modules to form a Reservoir Management Framework that assures value creation in the field. 

Our Reservoir Management Framework

The framework is comprised of four major components:

Reservoir Management Program: A program that provides a strong technical basis for increasing value to client’s field through proper operation and development of the oilfield. Our RCAA™ Reservoir Management Tenets will be utilized to promote greater speed and depth of analysis and provide a comprehensive understanding of reservoir mechanics.  These tenets will provide the over-all philosophy providing for proper reservoir management practice thus ensuring the achievement of the goals.

RCAA™ utilizes metrics that are composed of both leading and lagging indicators.  Leading indicators are critical to diagnosing issues early and assuring that performances are headed to positive results.  Many of these indicators are unique to the Industry and provide the insight needed for optimal well design, placement, construction and operation.  Metrics will create long-term excellence in achieving ultimate recovery and production sustainability while meeting short-term goals.

Reserves Appreciation Program: A systematic, integrated, scientifically structured program will be used to validate reserves. This will ensure and increase 1P reserves.  Moreover, a re-assessment of 2P and 3P reserves will be performed on the basis of state-of-the-art technologies and continual assessment of field performance.  Cutting-edge lab experiments, field measurements, and detailed reservoir characterization and recovery mechanism studies will be employed using leading Industry experts and institutions.

Surveillance Master Plan:  An integrated, modern, scientifically-based program for the timely collection and analysis of field data will be instituted. This program will ensure the integrity of the depletion and operating plans and assure the recovery of the 1P reserves.  It will initially involve standard in-situ rate, pressure and saturation measurements that will evolve to support a "control room" structure for the integration of sub-surface monitoring and management with surface systems.

Development & Operating Plans: An annual development and operating program with recommendations that incorporate conformance, reserves and surveillance studies that maximize economic oil recovery efficiency and establish an optimal production plateau.  Reservoir mechanics should be leveraged through RCAA™ leading and lagging metrics to optimally distribute production and injection.