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    • Class and Course
    1. NExT
    2. Petrotechnical
    3. Deterministic Resources Evaluation

    Deterministic Resources Evaluation

    • Skill
    • 5 Days
    • classroom1Classroom
      • Average client rating (based on 11 attendee reviews)

    This course will provide participants with a working knowledge of the classifications and definitions of reserves and resources, as well as guidelines for applications of these definitions. SPE-WPC-AAPG, SEC, and other regulatory authorities’ definitions, classifications, and guidelines will be discussed. Reserve estimation methods including analogy, volumetric, material balance, decline trend projection, production data analysis, and simulation will be covered.

    This course will also introduce cash flow analysis, both before and after tax, as the basis for establishing the value of reserves and reporting to regulatory authorities. International contracts, reserve recognition and booking will be discussed. The course will emphasize deterministic methods of reserves estimation and evaluation. Spreadsheets will be used to expedite computations.

    Petroleum engineers, geologists, reserves analysts, and anyone whose job responsibilities include the estimation of reserves.

    A basic understanding of geology and reservoir engineering and this is a pre-requisite for registering in the Probabilistic Resources Evaluation course offered by NExT

    Currently there are no scheduled classes for this course.

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    Petrotechnical

    Operations and Maintenance

    Energy Transition

    SLB Software

    Digital Technology

    Technical Challenges

    Health Safety and Environment (HSE)

    Business Management

    E&P Introduction and Fundamentals

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