Reserves Estimation
INSTRUCTOR: W. John Lee, PhD
DISCIPLINE: Geoscience, Engineering
COURSE LENGTH: 2 Days
CEUS: 1.6
AVAILABILITY: In-House
DISCIPLINE: Geoscience, Engineering
COURSE LENGTH: 2 Days
CEUS: 1.6
AVAILABILITY: In-House
ATTEND AN UPCOMING CLASS:
Check back in periodically for updated Public course dates! To schedule an In-House course, contact SCA’s Training Department at training@scacompanies.com.
WHO SHOULD ATTEND: Reserves analysts, geologists, geophysicists, reservoir engineers, and managers.
COURSE DESCRIPTION: This course will introduce commonly used deterministic and probabilistic reserves estimation methods, including analogy, volumetric, material balance, reservoir simulation, and production decline curves. The presentation format will be largely lecturing, including topics for class discussions.
LEARNING OUTCOMES:
- Be able to estimate reserves using analogy methods.
- Be able to estimate reserves using volumetric method.
- Be able to estimate reserves using material balance methods.
- Be able to describe applications of reservoir simulation to reserves estimation.
- Be able to estimate reserves using decline curves.
- Be able to estimate reserves using probabilistic methods.
COURSE CONTENT:
- Overview of reserves estimation methods
- Example applications of deterministic reserves estimation procedures
- Overview of probability distributions
- Probabilistic reserves estimation procedures
- Capen’s alternatives to Monte Carlo Simulation