white rose oilfield development application - Husky Energy

4.2.2.7 Reservoir ManagementReservoir simulation is being used to evaluate and optimize proposed development scenarios.Development well locations will be drilled based on this information, with updates as required with newdata obtained during development drilling. Once sufficient production history exists, the simulationmodel will be updated periodically to match field history and improve prediction of future performance.Specific reservoir management tasks that will occur include:• well tests - diagnosing problems or providing information about individual wells or the pool as awhole;• pressure surveys – evaluating reserves and monitoring voidage replacement performance;• fluid sampling – collecting surface fluid samples of oil, gas, and water during initial production fromeach development well; and• coring and logging – obtaining required information about Avalon Formation.4.3 Design CriteriaThe following are the key objectives/philosophies of the project to ensure that the value of the asset ismaximized, consistent with the wider business objectives of Husky Oil and co-venturer, Petro-Canada:• Safety is of prime concern and the project will provide a safe and healthy working environmentthrough the design and operation of the facilities for all personnel. Formal safety assessments andthe reporting of safety performance will be undertaken throughout the duration of the project.• Decision-making will be on a life-cycle basis.• Integrity of the project (in terms of personnel safety, environmental protection, property integrityand business interruption) is crucial. The project will employ risk management and valueengineering principles.• Sizing of tender parcels and equipment specifications will take into consideration Canadian andNewfoundland suppliers and contractors who can demonstrate appropriate experience and delivertechnical competence and commercial competitiveness.• Availability targets will be developed for each production and operations system.• A high priority will be placed on environmental protection and compliance with all pertinent lawsand regulations, and Husky Oil’s environmental management system. The project will be requiredto demonstrate that objectives are being met during regular performance review, supplemented byperiodic auditing.• As far as practical, the design will ensure that construction, testing, integration and precommissioningare performed at the quayside with offshore activities limited to hook-up and finalcommissioning.• White Rose production facilities will be designed for a target service life of 20 years.White Rose DA Project Summary • January 2001 Page 54