What is a Produce-the-Limit Review?

Although I mention Produce-the-Limit in this blog, it may be useful to describe the layout of the event.

The Produce-the-Limit is a 2-week event.  Primary participants are Reservoir Engineering, Production Engineering and Facilities Engineering, plus Operations. We normally have between 8 and 15 people participating.  The event begins with a some sessions in which we build a cartoon of the asset, outlining all the important information, concerns and opportunities of which the team is aware. Then we brainstorm additional opportunities together.  We also build a Limit Diagram of the current constraints in the asset.  Next, we split into two teams.  The subsurface team works on a well and reservoir review for opportunities while the surface team works on a review of surface opportunities.  We come back together to integrate the information, create scenarios, run economics and create a plan.  The last few days are spent refining the plan and creating documentation and a final presentation.  The outcome is presented to senior leadership for the asset. 

Here is my 'fancy brochure' with some more information.