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All surveillance activities must be aligned with asset strategic intents and operational objectives. Every measurement, monitoring, and data-acquisition activity requires planning, human capital, and cash capital. It is, therefore, important that alignment with objectives be accomplished early in asset life. Continuous enhancement to the program must also be made to preserve the value proposition for any data-acquisition program.

Most companies face this justification dilemma. Experience suggests that when something goes wrong, most companies react positively and are willing to invest large capital to gather data necessary to determine the cause and overcome the problem. However, during routine course of events, data collection based on an uncertain probability of occurrence or value is difficult to justify. Usually short-range goals tend to undermine the original long-term objectives set forth during early field development. Our aim for this book is to provide the practitioner with tools to coherently assess and present the value of collecting reservoir surveillance data for risk mitigation and opportunity capture.

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