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Keywords: reserves classification
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Proceedings Papers
PUD Reserves Converted in Practice: Impact of the SEC’s Final Rule
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 23–25, 2024
Paper Number: SPE-220797-MS
... development timing. These revisions provide a solution for booking reserves volumes within the existing SEC regulations. reserves classification modernized rule geologist asset and portfolio management geology reserves replacement sec operator five-year rule annual pud conversion rate...
Proceedings Papers
Principles for Managing Reserves and Resources in Albania via Petroleum Resources Management System
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 3–5, 2022
Paper Number: SPE-210165-MS
... judgments’ in managing and developing resources by ranking the most suitable investment opportunities. reserves evaluation complex reservoir bitumen natural gas storage albania upstream oil & gas reserves classification resource management system albanide hydrocarbon oil sand petroleum...
Proceedings Papers
Business-Oriented Reserves and Resource Management - Experiences from a Merger
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206322-MS
... intelligence reserves classification undeveloped reserves knowledge management asset and portfolio management business planning reserves replacement reserves evaluation banking & finance upstream oil & gas reconciliation information legacy company audit stakeholder independent evaluation...
Proceedings Papers
Gaussian Quadrature GQ Used to Accurately Approximate the Relative Weights of Reserves, Contingent Resources, and Prospective Resources Through A Cumulative Distribution Function
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206097-MS
... weight 10-point gq reserves classification direct comparison sm method well 6 probability cent increase moridis contingent resource Introduction Moridis et al (2019 ) presented the SPE PRMS resources classification framework (SPE, 2018) that characterizes Reserves and ROTR in a three...
Proceedings Papers
Solid Fast-Track Evaluation Methodology: Supporting the Decision-Making Process in the Development of Mature Assets
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206378-MS
... evaluation and meet the expectations. reservoir characterization log analysis asset and portfolio management enhanced recovery conformance improvement drillstem testing reserves evaluation optimization new well production control well logging reserves classification waterflooding fluid...
Proceedings Papers
Incremental Method vs Split Conditions: Discussing the Similarities Between Reserves Evaluation and a Madoff Scheme
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206104-MS
.... banking & finance upstream oil & gas scenario approach quantity reserves classification capex incremental method reserves replacement reserves evaluation categorization partition reservoir scenario proved scenario method cumulative production forecast evaluator low confidence...
Proceedings Papers
An Integrated Workflow for Reserves Evaluation in the U.S. Permian Basin Based on SPEE Monograph 3
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 21–23, 2021
Paper Number: SPE-206362-MS
... monte carlo simulation learning curve drilling operation reserves evaluation well performance production monitoring reserves classification complex reservoir upstream oil & gas well count trr resource play evaluator statistical distribution analogous well operator case study...
Proceedings Papers
Analysis of Reasons for Differences in Proved Reserves Estimates with PRMS and SEC Regulations
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 26–29, 2020
Paper Number: SPE-201583-MS
... readings of these regulations. asset and portfolio management reserves evaluation reserves classification pud reserves reasonable expectation the sec us government prm principle reserves replacement requirement disclosure circumstance quantity development plan regulation undeveloped...
Proceedings Papers
Application of United Nations Framework Classification for Hydrocarbon Reserves and Resources Volumes for a Mature Oil Reservoir in Kuwait
Available to PurchaseMohammad Al-Ghnemi, Amal Al-Sane, Prashant Dhote, Anup Bora, Mohammad Al-Bahar, Satiner Purewal, Jacob Walker, Balagopal Dharanidharan, John Hornbrook
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 26–29, 2020
Paper Number: SPE-201606-MS
... oil & gas reserves classification reserves evaluation unfc system feasibility oil reservoir reservoir characterization complex reservoir framework classification kuwait pilot reservoir reservoir environmental factor axis viability applicability quantity guideline hydrocarbon...
Proceedings Papers
The Effect of Margin and Reserves/Production Ratio on Oil and Gas Transaction Multiples
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 26–29, 2020
Paper Number: SPE-201348-MS
... includes commentary on how to correctly apply the multiples to asset valuation, equations to calculate the various multiples, and a discussion of pitfalls to avoid when performing multiples analysis. reserves replacement reserves evaluation production monitoring reserves classification production...
Proceedings Papers
Simple, Systematic Reserves Estimation for Unconventional Wells
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-195851-MS
... regression production data machine learning reserves classification interpretation society of petroleum engineers reserve ratio predictor variable forecast regression evaluator equation gas eur workflow predictive capability permeability Introduction Reserves estimation...
Proceedings Papers
Mexico Pilot Project to Classify Oil and Gas Projects Using United Nations Framework Classification UNFC
Available to PurchaseSatinder Purewal, Fidel Juárez Toquero, Eduardo Simón Burgos, Eduardo J. Meneses-Scherrer, Elaine A. Arellano Sánchez
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-196566-MS
... reserves classification reserves evaluation Hidrocarburo machine learning pilot project consideration application PRM classification system identification axis sustainability social responsibility CNH maturity subclass society of petroleum engineers classification assessment...
Proceedings Papers
Assessment of Government Incentives and Development Strategies to Revitalize Mature Heavy Oilfields in the Peruvian Jungle
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-196217-MS
... resource complex reservoir block 67 production forecast heavy oilfield Marañon Basin marañon basin reserves classification block 192 category Peruvian Jungle operator pipeline reserves evaluation pipeline revamp block 64 revamp incentive Introduction The primary recovery factor...
Proceedings Papers
A Novel Systematic Approach for the Identification and Evaluation of Environmental and Social Aspects in Oil and Gas Projects Mexico
Available to PurchaseSatinder Purewal, Francisco J. Pacheco-Roman, Mayelli Hernández Juárez, José A. León Mella, Guillermina Mera Avecias
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 30–October 2, 2019
Paper Number: SPE-195864-MS
... aspect sustainable development evaluation hydrocarbon exploration information identification matrix social impact assessment socio-organizational factor environmental factor systematic approach reserves evaluation society of petroleum engineers project management reserves classification...
Proceedings Papers
Transforming Natural Resource Management for a Sustainable Planet
Available to PurchaseDavid MacDonald, Julian Hilton, David Elliott, Sigurd Heiberg, Harikrishnan Tulsidas, Charlotte Griffiths
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 24–26, 2018
Paper Number: SPE-191537-MS
... moral benefit will depend on technological advances that can provide resources at an acceptable economic and environmental cost to the entire world and the manner in which this is managed. Artificial Intelligence sustainable development social responsibility reserves classification Framework...
Proceedings Papers
UNFC: Expanding The Influence Of PRMS Beyond Petroleum
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 26–28, 2016
Paper Number: SPE-181623-MS
... will discuss how the key principles of UNFC-2009, hence PRMS-2007, are being applied to the development of renewable energy classification and why this is of relevance to the petroleum industry in building a sustainable energy mix for future generations. reserves classification reserves evaluation...
Proceedings Papers
Offshore Project Risk Management Model (OPRMM) As a Tool for Efficient Field Development
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-174889-MS
... condition territory Kara Sea regime reserves classification stop option Introduction For the last decade oil and gas industry has shown a rapid technological progress, which was a result of past researches and new market conditions. The supermajors 1 understand that the value of company...
Proceedings Papers
Performance Evaluation of Automatically Generated Statistical Type Curves
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, September 28–30, 2015
Paper Number: SPE-174914-MS
... reserves classification Upstream Oil & Gas machine learning Artificial Intelligence reserves evaluation analogous well future production History percentile cross validation production history statistical type curve production monitoring production forecasting new well algorithm type...
Proceedings Papers
Lease Fuel, Fuel Gas or Fuel Consumed in Operations- Is it Reserves?
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 27–29, 2014
Paper Number: SPE-170612-MS
... in the continuous optimization of a project/lease/field operations and economics. This paper reviews the different reserves classification and disclosure practices, including whether or not fuel CiO is reserves. This paper also reviews existing standards and regulations and provides a rationale of why fuel CiO...
Proceedings Papers
Chance of Development: What is it? Can we estimate it? How should we use it?
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Annual Technical Conference and Exhibition, October 27–29, 2014
Paper Number: SPE-170747-MS
... assessment estimation contingency reserves evaluation discovery commerciality incremental project contingent resource gco reserves classification COD society of petroleum engineers commercial development criteria subclass development project accumulation commercial producing status...
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