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  2. Petrotechnical
  3. Reserves Evaluation (Foundation Level) Program

Reserves Evaluation (Foundation Level) Program

Level: Foundation | Type: Remote Instructor Led Series | Discipline: General Knowledge

This 3 days customized course will include the presentation of various reserve estimating methodologies, to include the difference between resources and reserves.  The classifications and definitions of these reserves and resources, along with a guideline for the application of these definitions will be covered.  PRMS, SPE, WPC, AAPG, SEC, and other regulatory authority guidelines will be discussed.

The course will update G&G and reservoir engineers with the newest and most accurate methods for obtaining the value of a reserve.  Following the completion of this course, all participants should be able to manage deterministic and probabilistic methods, with the aim of gaining a thorough understanding of various reserve levels and their equivalence in both systems.

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Reservoir engineers, production engineers, geoscientists

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