DE0351 : Reserves Estimation and Uncertainty

Course Description

This is practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. This course is designed to provide participants with a detailed and up-to-date overview of reserve estimation and uncertainty. It includes presentation of various reserve estimating methodologies and 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 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.

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

30 % Lectures
20 % Practical Workshops & Work Presentations
30 % Hands-on Practical Exercises & Case Studies
20 % Simulators (Hardware & Software) & Videos

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates	:	Only soft copy certificates will be issued
Training Materials	:	Only soft copy materials will be issued
Training Methodology	:	80% theory, 20% practical
Training Program	:	4 hours per day, from 09:30 to 13:30