• Class and Course


    This course will discuss SPE PRMS guidelines (June 2018 version). SEC regulations will also be summarized by comparing important definitions with PRMS. Resources classification and categorization will be given on a framework along with a guideline for the application of these definitions.

    The course will also update G&G and reservoir engineers with the current deterministic and probabilistic reserves estimation methods.

    • Overview of Resource Classification System in view of SPE PRMS latest guidelines
    • Reserves Estimation Methods: Analogy
    • Reserves Estimation Methods: Volumetric

    • Reserves Estimation Methods: Material Balance Analysis

    • Reserves Estimation Methods: Decline Curve Analysis

    • Reserves: Link to Project Economics and Valuation

    • Basic Probability Theory
    • Expected Value
    • Probabilistic Reserves Estimates

    Individuals with both geoscience and engineering backgrounds

    Geoscience and engineering background

    Upcoming Classes

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