Content Tagged: "reserves"

Carbon capture, utilization, and storage (CCUS) is experiencing rapid growth and the ability to classify and compare projects across the globe is of i

PRMS is a system developed for consistent and reliable classification and categorization of hydrocarbon resources according to technical uncertainty a

Evaluation of Naturally Fractured ReservoirsDiscusses the origin and classification of natural fractures, and outlines methods for detecting and characterizing them. Discusses how the properties of fractured formations affect reservoir engineering considerations. Outlines general approaches to modeling fractured reservoirs, illustrating these approaches with several case studies. Reservoir Management of Mature FieldsIntroduces the concept of synergism in reservoir management, stressing an interdisciplinary approach as key to maximizing a field's potential. Outlines data requirements and methodology for evaluating a mature reservoir. Discusses applied reservoir management from the standpoint of increasing reserves and monitoring performance, with special emphasis on waterflooding and enhanced oil recovery projects.

Optimize reservoir management and control decisions using surveillance techniques, information systems, technical indicators and financial guidelines. Upon completion of this module, the participant should be able to do the following: manage available resources (e.g., reserves, assets, personnel, budget) in order to maximize hydrocarbon reserves and minimize recovery cost and make appropriate reservoir management and control decisions with the aid of surveillance techniques, information systems and technology applications to generate pressure and production histories, maps and other key reservoir data.

Upon completing this Learning Module assignment, the participant should be able to access the applications used to generate MEM maps in official format and generate a map using the applications. the learner will also be able to elaborate and update from the maps generated during the modeling of the reservoir, the maps required by the Ministry of Energy and Mines in official format, for the administration and control of the reserves.

Learn the technical and management steps that are followed to move an exploration opportunity from play to a prospect by applying a series of progressively expensive data collection steps beginning with aerial or satellite imaging, then gravity and magnetic surveys, seismic surveys, exploration and appraisal well drilling, reservoir characterization, resources estimation and economic analysis. Upon completion of this module, the learner will be able to: learn the progressively more expansive data collection and analysis steps that are applied to an exploration opportunity from the negotiation of a host country agreement to the request for funds to move to Field Development Planning, learn how the exploration process involves making decisions to acquire data under conditions of uncertainty (value of information), learn how exploration and appraisal wells are located to delineate a prospect, learn how resources are estimated using the SPE system under conditions of uncertainty, generate prospect economics based on estimated reserves and project economic indicator, and learn how to assess geological risk.

Develop a strategic scenario and budget for implementing a reservoir development scheme and producing actual reserves. Upon completion of this module, the participant should be able to use reservoir studies to develop a resource base (drilling plans, future improved recovery, information acquisition, application of new technologies, facilities and infrastructure)and evaluate reservoir exploitation schemes through the use of corporate management indicators.

Optimize reservoir management and control decisions using surveillance techniques, information systems, technical indicators and financial guidelines. Upon completion of this module, the participant should be able to do the following: manage available resources (e.g., reserves, assets, personnel, budget) in order to maximize hydrocarbon reserves and minimize recovery cost and make appropriate reservoir management and control decisions with the aid of surveillance techniques, information systems and technology applications to generate pressure and production histories, maps and other key reservoir data.

Use electromagnetic, radioactive, acoustic and other logs to infer stratigraphic and structural characteristics of subsurface formations.

Upon completing this assignment, the participant should be able to identify primary reservoir drive mechanisms (solution gas drive, water drive, gas cap drive) by observing production and pressure trends, estimate original hydrocarbons in place, using both volumetric and material balance methods, develop a range of estimates for technical recovery factors and reserves, and identify and interpret production mechanisms to predict the behavior of oil, gas and gas condensate reservoirs.

This topic reviews the categories of unconventional oil and gas resources such as shale reservoirs, tight gas sands, coal bed methane, and heavy oil.

Introduces reserves estimation methodologies and the industry definitions used to categorize reserves.

Dynamic data, acquired using wireline formation testing or well testing techniques, are used by operators to address uncertainties associated with res

The share of multistage fractured wells in unconventional, hard-to-recover oil and gas reserves is constantly expanding. As s

In this SPE Tech Talk, SLB discusses how to integrate new developments in the area of reservoir evaluation, acid, and diversion chemistry, as well as modeling techniques to deliver superior production performance in a more sustainable manner.