Petroleum and Natural Gas Engineering Capstone Design

Catalog description

PNG 490 serves as the capstone design experience for Petroleum and Natural Gas Engineering majors. As such, students will integrate knowledge acquired in other PNG courses and apply it toward the design of a field development plan. Working in teams, students will start by characterizing the target reservoir or geologic formation using available field data. The student teams will then design the drilling and completion of wells in the target formation, while considering technical and economic constraints. The overall field development plan will consider a variety of factors, including (but not limited to): the timing of drilling wells, the forecasted production from these wells, acquisitions and divestitures, surface facilities, and environmental and societal impact assessments. Candidate plans will be compared based on financial metrics, such as rate of return and net present value. The semester-long capstone experience will culminate in a final presentation and a final report.