Woodford Production Optimization 2014

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The Woodford shale play is rapidly emerging as one of the major unconventional energy resources throughout the United States of America with companies including Marathon Oil, Devon Energy and Cimarex repeatedly announcing plans to expand drilling rigs and fracture operations in the play. Combined with this are recent production results from Woodford operators such as Osage Exploration, which announced a 123% year on year increase in boe produced in 2014, and Jones Energy which has seen a 28% increase from 2012. With large operators investing and others already seeing returns on production, it has never been more commercially critical to examine how to prolong the production cycles of Woodford wells to ensure the long- term commercial development of the play. Although validating the liquid resource and implementing the correct drilling and completion methods remain important in the Woodford shale play, if production professionals are unable to optimize recovery by using artificial lift techniques and mitigate failures by implementing the correct chemical treatment programs, then progress within the play will become severely limited. With liquid rich areas of the play still emerging and different areas posing unique challenges such as unidentified water and dissimilar reservoir characterizations, it is critical to examine the different ways in which production in the Woodford can be optimized to ensure maximum production rates and low cost operations. Using Best Practice Case Studies To Find Out Which Production Techniques Work Best In Different Areas Of The Woodford The Woodford Production Optimization Congress is the first and only congress designed specifically for production professionals within the Woodford shale play. No one expects a silver bullet to increase production proficiency overnight, but by bringing together VP's, Production Managers, Operations Managers and Artificial Lift Experts from across the play to share case studies and practical solutions on how to maintain the life cycle, optimize recovery rates and reduce costs, this congress will allow significant learning progress to be made and, ultimately, more oil recovered.

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1. OPTIMIZING ARTIFICIAL LIFT TECHNIQUES, PUMP SELECTION & CHEMICAL TREATMENT Using Best Practice Case Studies To Find Out Which Production Techniques Work Best In Different Areas Of The Woodford How Operators Are Selecting Optimal Artificial Lift And Chemical Treatment Programs To Increase EUR, Mitigate Failures And Reduce Production Costs On Woodford Wells: Optimizing Recovery Through The Eyes Of The Production Professional Key Issues To Be Discussed Include: August 27-28, 2014 | Oklahoma City | Oklahoma Expert Insight From Industry Professionals Including... M Follow us @UnconventOilGas www.woodford-production-2014.com Register By Friday June 27, 2014 SAVE $400 ARTIFICIAL LIFT TECHNIQUES: Comparing Different Artificial Lift Strategies Used By Woodford Operators To Determine The Most Cost Effective Methods With Which To Achieve Maximum Recovery OPTIMIZING PUMPING EFFICIENCY: Comparing ESPs, Rod Pumps And Jet Pumps To Establish Which Produces The Highest Recovery Rate At The Lowest Cost PUMPING THROUGH THE CURVE: Examining The Maximum Degree At Which Operators Are Pumping Into The Curve And The Methods And Techniques Being Applied CHOKE STRATEGIES: How To Tailor Choke Strategies In Specific Wells To Ensure Sustained Production And Identifying Which Restriction Leads To Maximum Recovery CHEMICAL TREATMENT PROGRAMS: Identifying The Correct Chemical Treatment For Specific Wells To Ensure Optimal Well Clean Out And Continual Flowback Rates WATER MANAGEMENT: Understanding How Operators Are Disposing Of Water Produced During The Hydraulic Fracturing And Production Processes And Identifying Where It Is Coming From INFRASTRUCTURE: Mapping The Current And Planned Surface And Gathering Infrastructure In Place To Ensure That Artificial Lift Procedures Can Continue To Run Stephen Harpham VP Engineering Dorado E&P Timothy Smith President Petro Lucrum Robert Firth President & CEO Caballo Energy Daryl Mazzanti VP Operations Evolution Petroleum Sid Anderson Managing Member Anderson Energy Group Alden McCall COO Nostra Terra Oil & Gas Company Michael Frow Operations Manager Vanguard Natural Resources Arge Mendez Artificial Lift Specialist Inter American Energy Inc. Organized by 2. Register By Friday June 27, 2014 SAVE $400OPTIMIZING ARTIFICIAL LIFT TECHNIQUES, PUMP SELECTION & CHEMICAL TREATMENT The Woodford shale play is rapidly emerging as one of the major unconventional energy resources throughout the USA with companies including Marathon Oil, Devon Energy and Cimarex repeatedly announcing plans to expand drilling rigs and fracture operations in the play. Combined with this are recent production results from Woodford operators such as Osage Exploration, which announced a 123% year on year increase in boe produced in 2014, and Jones Energy which has seen a 28% increase from 2012. With large operators investing and others already seeing the return on production, it has never been more commercially critical to examine how to prolong the production cycles of Woodford wells to ensure the long-term commercial development of the play. Although validating the liquid resource and implementing the correct drilling and completion methods remain important in the Woodford shale play, if production professionals are unable to optimize recovery by using artificial lift techniques and mitigate failures by implementing the correct chemical treatment programs, then progress within the play will become severely limited. With liquid rich areas of the play still emerging and different areas posing unique challenges such as unidentified water and dissimilar reservoir characterizations, it is critical to examine the different ways in which production in the Woodford can be optimized so as to ensure maximum production rates and low cost operations. Using Best Practice Case Studies To Find Out Which Production Techniques Work Best In Different Areas Of The Woodford: The Woodford Production Optimization Congress is the first and only congress designed specifically for production professionals within the Woodford shale play. No one expects a silver bullet to increase production proficiency overnight, but by bringing together VPs, Production Managers, Operations Managers and Artificial Lift Experts from across the play to share case studies and practical solutions on how to maintain the life cycle, optimize recovery rates and reduce costs, this congress will allow significant learning progress to be made and, ultimately, more oil recovered. The case studies will be looking at how Woodford operators are selecting different artificial lift techniques, and what results are being seen from Gas Lift, Plunger Lift, ESPs, Rod Pumps and Jet Pumps to determine the most cost effective method to implement. The congress will also deliver practical insight into the effective chemical treatment programs that can be applied to effectively clean out the well and remove debris. In addition, choke strategies, water management strategies and post production strategies will be discussed as part of the wider mission to ensure that costs are reduced while production is maximized. Skirvin Hilton Hotel 1 Park Avenue Oklahoma City OK 73102 Tel: +(1) 405 272 3040 Web: www.skirvinhilton.com Venue Information:Sponsorship And Exhibition Opportunities Available At The Congress Need to generate new sales leads, launch a new product, engage key decision makers, build new future business relationships in key markets, or simply educate the industry about a new product? Then you need to exhibit at the Woodford Production Optimization Congress 2014. Our busy exhibition area is an integral part of the Congress and is of genuine practical value to delegates, who are looking for new solutions and technologies. Exhibiting at the congress will help you position yourself as a market leader and centre of excellence to the key decision makers in the industry. For further information, please contact: info@american-business-conferences.com or + (1) 800 721 3915 www.woodford-production-2014.com (1) 800 721 3915 info@american-business-conferences.com 3. OPTIMIZING ARTIFICIAL LIFT AND PUMPING EFFICIENCY: Day 1 will deliver operational insight into the most cost effective artificial lift techniques used by operators in the Woodford to determine the technique which ensures the maximum production at the lowest cost Day 1 Wednesday August 27, 2014 8.30 Chairs Opening Remarks StephenHarpham,VPEngineering,DoradoE&P KEYNOTE PANEL: ARTIFICIAL LIFT SELECTION 8.40 Understanding How To Select The Optimum Artificial Lift Method For Woodford Wells Based On Cost, Durability And Flow Rates Examining which reservoir characteristics are being used to determine artificial lift selection in the Woodford Comparing the costs of different artificial lift methods specific to Woodford wells to determine which ones produce the maximum recovery with the lowest failure rate Evaluating how the depth of the well, bottom hole pressure and oil to water composition is being used to select the correct lift method Understanding how initial production rates of wells have been used to identify the optimum time at which to change production strategy StephenHarpham,VPEngineering,DoradoE&P ArgeMendez,ArtificialLiftSpecialist,InterAmericanEnergy Inc. TimothySmith,President,PetroLucrum MichaelFrow,OperationsManager,VanguardNatural Resources 9.10 Question & Answer Session ARTIFICIAL LIFT COMPARING DIFFERENT ARTIFICIAL LIFT STRATEGIES USED BY WOODFORD OPERATORS TO DETERMINE THE MOST COST EFFECTIVE METHODS WITH WHICH TO ACHIEVE MAXIMUM RECOVERY GAS LIFT ASSISTED ROD PUMP 9.20 Emerging Artificial Lift Technology: Using Gas- Assisted Rod Pump to Increase Yield Reviewing results to understand how GARP can be used to increase reserves and accelerate/increase production Utilizing GARPs gas separation techniques to enhance the effectiveness of rod pumping high GOR wells Assessing the effectiveness of GARP to lower bottom hole pressures Using GARP to enhance the placement of chemicals in the wellbore versus other forms of lift Daryl Mazzanti , VP Operations, Evolution Petroleum 9.50 Question & Answer Session 10.00 Morning Refreshments in Exhibition Showcase Area GAS LIFT OPTIMIZATION: CASE STUDY 10.30 Evaluating The Extent To Which Gas Lifts can Actually Reduce Bottom Hole Pressure Below What Is Achieved By Rod Pumps Or ESPs Benchmarking optimal tube sizing, pressure settings, locations and depths for gas lifts in Woodford wells Understanding how to optimize the reliability of surface equipment during gas lift operations Determining how long gas lifts can typically be run in Woodford wells before they need to be switched over to rod pumps Identifying solutions for sourcing a sufficient supply of gas for large volume application of gas lift Identifying different options for securing a reliable source of high pressure gas for gas lift in the Woodford ArgeMendez,ArtificialLiftSpecialist,InterAmericanEnergy Inc. 11.00 Question & Answer Session ROD PUMP: FAILURE PREDICTION 11.10 Applying A Global Model For Failure Prediction In Rod Pump Artificial Lift Systems Reducing lost oil production and downtime through early warnings about impeding failures Using a data driven approach to predict failures in rod pump systems Measuring multiple attributes for each rod pumped welt identify signatures in data before failures happen Training a model with examples of failures and normal operation data to use that models to make predictions Cleaning the data, extracting features and applying appropriate machine learning techniques to overcome challenges in oil field data like inconsistencies and missing data CauligiRaghavenda,Professor,UniversityofSouthern California 11.40 Question & Answer Sessio