NOC Subsurface Organization Transformation to Boost Its Resource Base and Secure Country's Energy Needs

UkrGasVydobuvannya (UGV) is an E&P organization of the National Oil Company (NOC) of Ukraine – Naftogaz Group. UGV's existing gas fields represent one of the largest reservoir portfolios in the Eastern Europe; however, the current depletion level of the company's fields is also among the highest; the bulk of the fields have depletion levels between 70 and 90%. The E&P Company (UGV) has created a resource base development strategy to plan and deliver exploration activities and reservoir management based on industry best practices to maintain and grow the company's production and bookable reserves for years to come. The subsurface transformation program (including both exploration and reservoir management domains) addresses the actions taken to ensure success for the Strategy. Actions consider not only increase in exploration acreage or acquiring new fields and prospects, but also the organizational, cultural, technological and process level changes across the subsurface domain in the company. The program is still in the early implementation phase; however, the first material results are confirming the validity of the program: Organization re-design per industry standards: asset development teams were established and aligned with the portfolio priorities; Digital database of subsurface data is being created and systemic reservoir surveillance is being executed; Growth source secured: Black Sea, new onshore unconventional and conventional licenses; Modern exploration practices, including risk-based probabilistic exploration drilling decisions and launching of Petroleum Systems Analysis and Basin modeling; Reshaping the obsolete rigid structure of the research institute into a modern R&D center; and, Professional development program tailored to build-up the modern skills and competencies of company's subsurface teams. These and other important steps of the transformation will ultimately help the company to ensure a healthy reserves replacement ratio and increase the production share of greenfields in its portfolio. This case study can serve as a blueprint for any medium-sized subsurface organization (especially in NOCs) that faces similar resource base challenges and wishes to improve its production performance.

Practical Application of Integrated Simulation Technologies for Asset Development and Surface Facilities Design of Gas Fields

The main goal of this paper is to describe the automation process for asset design solutions assessment in accordance with the expected production levels in dynamics. The integrated model contains embedded sub-models (various assessment elements, such as pipeline networks, compression facilities, gas treatment units, reservoir simulation models for production profiles simulation and an economic model to obtain an instant investment estimate). A continuous data flow between all the component models provides a quick assessment of different variables influence on the final efficiency of the integrated asset development option; this approach makes possible the rapid expansion of options range as well as the increase in analysis depth. We describe this approach on the example of the gas assets group development project, which includes the integration of following part of surface facilities: pipeline networks (gathering system) for well pads with the corresponding booster compressor stations and transport network to deliver well product to gas process unit. The work shows the recommendations about how to set up the optimal configuration of an integrated model (type and composition of sub-models, linking algorithms, data exchange directions, etc.) to solve various issues of long-term planning. In addition, we show the example of standardizing the process of managing the sub- models to provide the integrated model fast update when new production data arrives or when the surface facilities concept is changed and to make the approach transfer to other close projects easier. The novelty of the work lies in the creation of a unique approach to solve the issues of conceptual design by flexible configuration of an integrated model for specific tasks. This approach includes processing of production data different formats, the ability to connect an economic model to obtain the instant investment assessment of surface facilities option within comprehensive analysis. In addition, it includes the ability to connect detailed models of the gas-processing unit and booster compressor station with prospective economic efficiency assessment in accordance with the production profiles updates. The integrated model example and overall approach that we provide in this paer is unique due to the following factors: – "flexibility" of the model, which changes its appearance depending on the tasks. – prompt update of the economic indicators of the project. – clear accounting of transport and process facilities (use of detailed models for pipeline and processing systems (including booster compressor stations).

An Improved Methodology for Gas-Condensate Cluster Evaluations under Uncertainty

A decision to buy oil and gas assets requires a project evaluation (PE) aimed at integrated calculation of numerous possible scenarios of asset development, based on the uncertain resource values, variety of geological exploration program events, the most preferable decisions about the oil field development in the current economic conditions. The vast amount of calculations determined by the probabilistic nature of the PE and specific timeframes require optimization of the current approaches based on the balance between accuracy and time. This issue is particularly relevant for the evaluation and analysis of gas or gas-condensate field cluster as the profitability of the project can be concentrated in the asset integration into one production cluster. Such option as well as proposal to gather separate fields to the common infrastructure, sequence of fields development with different geological and physical characteristics, calculations of a large number of synergy options, etc. require the multi-disciplinary team to think outside the box while searching for a business case. Thus, this paper is aimed to improve current approaches and the current tools adaptation which will be used to drastically automate cross-functional probability estimate of gas field cluster with technical and economic justification of sustainable integrated solutions. The results were successfully validated within PE of several perspective gas condensate projects focused on the possibility of integration of the fields into a single cluster that creates additional value from the optimization of the project solutions (exploration, development strategy, gathering and transportation of hydrocarbons, monetization of the products) equal to tens of billions of rubles in a limited period of time.

Application of Interventionless Single Point Entry Technology to Improve Proppant Placement Control and Well Production

The hydraulic fracture treatment (HFT) and its effectiveness to enhance wellbore drainage directly correlate with each well’s overall production performance and underlining economics. This paper will discuss the potential of ultra high stage count Single Point Entry (SPE) sleeves and their ability to increase control over proppant placement and isolation during the HFT as a method for optimizing well performance, economics, and reduce non-uniformity between treatments and wells. To address the limitations of current completion methods, full ID single point entry systems have been developed for open hole and cemented applications. These systems provide unlimited frac stage count with lower frac tortuosity, provide increased control over proppant placement and well production, reduce or eliminate over- flush and formation damage, and achieve higher efficiency during and after frac stimulation than previous conventional plug-and-perf (PnP) and sleeve systems, thereby reducing costs. While the ball-and-seat completion technique revolutionized the efficiency of multi-stage single point entry fracturing, its vast array of limitations (primarily ID restrictions), limited stage count, and compatibility with cemented liners quickly sidelined it in place of PnP. PnP offers increased surface area contact through additional entry points compared to sleeve systems of the past and remains the accepted method for achieving zonal isolation and initiation during stimulation. However, the time intensive operations of PnP present challenges in maintaining efficiencies due to variability in wireline during deployment and coiled tubing during millouts. The increase in number of clusters per stage and number of stages per well achieved with PnP often results in higher stimulated rock volumes (SRV) however, due to the number of multiple clusters open simultaneously, this method gained a "pump-n-pray" reputation due to the uncertainty of cluster efficiency and its unpredictability. The lack of cluster control over the years has created a series of challenges in terms of parent-child well relationships and spacing, economical asset development, and loss of potential production. With over 4,000 stages fracture stimulated across US, Canada, and Asia, some wells containing 220 individual stages, this paper will address the differences in production in terms of bbl of oil equivalent (BOE) for direct and indirect offsets in trials, compare capital efficiency with spud to put on production (POP) timelines, demonstrate economical completion optimization for lower commodity pricing of oil, and carbon intensity reduction measures to lower greenhouse gas emissions.

SUKUK WAQF FOR THE DEVELOPMENT OF ISLAMIC EDUCATIONAL INSTITUTIONS

Education becomes an urgency in improving the quality of human life. Improving the quality of education is one of the goals of maqashid shariah, waqf as the property of the people whose benefits are intended for the continuity of the benefit of the people becomes one of the potential to be associated as a source of provision of educational institutions to improve the quality of human resources, considering that man is the caliph fil ardl and as an agent of change. The purpose of this study will explain about sukuk waqf in the development of Islamic education. In this study, the authors used qualitative research types using descriptive analysis. Information and data obtained from various sources from related aspects related to research issues with the source of books, journals, or other sources relevant to the discussion with the aim to reach conclusions about the benefit of sukuk waqf in the development of Islamic educational institutions. Waqf and sukuk integrated will be two phenomenal financial instruments by combining modern schemes of waqf asset development with securities that produce sukuk waqf. In integrating sukuk wakaf, educational institutions can use innovative product waqf models by using sukuk issued by waqf institutions as nadzir, as well as istitusi as third parties. This paper is limited by the scope of discussions related to waqf and Islamic educational institutions, as well as sukuk waqf that can be used as one of the innovations in the development of waqf assets in educational institutions. This research is expected to be used by practitioners of waqf, wakif, nazir, to be used as material in the management and development of productive waqf, especially in Islamic educational institutions.

Traditionalism Nazhir Kyai On Waqf Asset Development In Bangkalan Madura

<p><em>This research aims to identify the model of waqf asset management by religious leaders (kyai) in Madura, which serves to support and optimize asset waqf utility nationally, which has not been well empowered. This study focuses on (1) knowing the management and development of waqf capital assets by Kyai as Nazhir in Bangkalan, and (2) determining the analysis of the waqf asset development model in order to increase the benefit of waqf assets in Bangkalan</em><em>. </em></p><p><em>A qualitative approach was used in the present study. Data retrieval techniques with documentation and in-depth interviews on the management of waqf assets in Bangkalan using component analysis on waqf core principles standards.</em></p><p><em>The results of the research showed that waqf assets managed by kyai were transferred to posterity without going through the changing nazhir process, which impacted on the unfulfilled aspects of waqf development, which is based on aspects of knowledge, training recruitment, rewards, and aspects of coaching and supervision.</em></p>

Digitalization in the development of human resource management in the Republic of Belarus

Relevance. Digitalization has led to a global transformation in the field of human resource management. Modern HR professionals view their roles not as mere administrators but as strategic enablers for key organizational decisions. In this scenario, there is a need to describe a digital system for efficient HR management (HRM) which is able to improve the skills of the employees. Research objective. The purpose of this study is to analyze the current state of the labor market in the Republic of Belarus and assess how digitalization affects human resource management strategies Data and methods. The article used the method of comprehensive data analysis in the study of the labor market in Belarus. The systemic approach was used to describe the strategy of HR digitalization. The official data of the Statistical Committee of the Republic of Belarus are used as the source of information. Results. The article analyzes the labor market in the Republic of Belarus. The factors that should be taken into account in the formation of human resource management strategy have been identified. The introduction of information and communication technologies in the country's enterprises was assessed and conclusions about the prospects of digital technology in human resource management were made. This work explains a strong relationship between the technological progress and HRM in organizations and companies. The paper shows how innovation can lead to a more proficient administration in HRM and improve the overall performance of the workforce. Several main zones of digitalization and its effects on human asset development are described. Conclusion. HRM has been changed by the advancement of the digital era. HR professionals no longer have to engage in manual procedures or deal with overwhelming volumes of data. With modern innovative solutions that enhance human resource management and growth, HR teams have greater freedom to shape organizational culture and productivity. The introduction of technology in human resource management offers great opportunities to optimize company resources and maximize results.

Implementation of Value Engineering in Optimizing Project Cost for Sustainable Energy Infrastructure Asset Development

The purpose of this study is to optimize costs by analyzing a case study of the Energy Utility Company (EUC) project in Malaysia and building the main electric distribution station (MEDS) project specifically. In order to achieve this objective, Value Engineering (VE) technique as one of the proven tools was selected, and three alternatives were applied. The first alternative was to reduce the room sizes of the building. The second alternative was to replace the plaster painting with normal painting, and the last one was to replace painting up to 1.5 meters with 1 meter of the high of walls from the floor. Results approved that the implementation of VE has successfully reduced the cost of the project without compromising the quality of the materials. For the first alternative, 17.1% of the cost was saved. Regarding the second alternative, 69.8% of the total cost for ceiling painting was saved, and for the third alternative, 41.6% of the total cost of walls from the floor was saved. The findings of this research may serve as a guide for engineers, scholars, and constructors to reduce the cost of the building project.

Application of Integrated Modeling in the Oil and Gas Industry

The present stage of the oil industry development is characterized by a growing share of hard to reach reserves, the amount of complicated well stock, oil production costs and increasing requirements to production accounting accuracy, implementation of energy-efficient and resource-efficient technologies for development and production, in conditions of the multifactorial evaluation of asset development prospects a problem of the asset intellectualization is a priority. Within this problem, automation and implementation of integrated approaches to production optimization, prevention and control of difficulties, effective asset development management both on operative and long-term levels are considered. At present, a complex and effective tool in resolving the problem is an integrated model, i.e. a model of a well production process (oil, gas, water), including all production chain elements in the form of consequential component models. An integrated simulation is effectively used in operational activities of LUKOIL-PERM LLC and is an optimal tool to solve multidisciplinary tasks in field development and technology of oil and gas production, transportation and processing (using software by Petroleum Experts company). Experience of implementing the integrated simulations suggests a synergetic effect related to a need in developing associated aspects manifesting themselves by improvement of skills of the specialists, improvement of input data quality and increase of input data volume, improvement of separate component quality during their integration. A set of actions developed and substantiated using the integrated simulations and their separate components resulted in obtaining some additional oil production over 21.9 thou. t.