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Reserves and Resources Evaluation: Bahrain

Esanda

Sunday, 18 November 2018 at 09:00 - Thursday, 22 November 2018 at 17:00 (Arabian Standard Time Bahrain Time)

Reserves and Resources Evaluation: Bahrain

Ticket Information

Ticket Type Sales End Price Fee Quantity
Standard admission 17 Nov 2018 £2,950.00 £0.00

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Event Details

Course overview

This is a course with the objective to provide a good understanding of evaluating and reporting oil and gas resources and reserves. The following areas will be covered in some detail: 

  • The different international systems for definition & classification of petroleum resources and resources
  • The difference between reserves, contingent resources and prospective resources
  • The different technical methods for estimating reserves and resources
  • The role of petroleum economics in reserves estimation
  • The project-based approach adopted for reserves estimation
  • The importance of determining the discovery status and commerciality in resources classification.
  • Reserves and resources from Incremental projects
  • Deterministic and probabilistic methods for reserves and resources estimation
  • Aggregation of reserves and resources

The course is designed for

  • Reservoir engineers
  • Production engineers
  • Geologists
  • Geophysicists
  • Facilities engineers
  • Economists
  • Commercial and asset managers
  • Other relevant commercial, technical and operational staff

Course outline

  • Petroleum Resources definitions and classifications (SPE PRMS, SEC, CIM, Russian Classification system, ……)
  • The different systems for reporting reserves and resources
  • Volumetric methods, Material Balance Equation, Reservoir simulation & Decline Curve Analysis as tools for reserves estimation
  • Basic petroleum economics, cash flow, oil price scenarios, and economic field limit
  • The definition of the project and incremental projects in PRMS  
  • Determination of project status and commerciality
  • Reserves reporting guidelines according to PRMS
  • Deterministic and probabilistic methods for resources and reserves estimation
  • Case histories for reserves and resources estimation and reporting
  • Different methods for aggregation of reserves and resources
  • The treatment of unconventional resources
  • Changes expected in PRMS in 2017.

Course terms and conditions

Do you have questions about Reserves and Resources Evaluation: Bahrain? Contact Esanda

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When & Where


Bahrain Investment Park
Building 775, Road 1510
Block 115
Hidd

Sunday, 18 November 2018 at 09:00 - Thursday, 22 November 2018 at 17:00 (Arabian Standard Time Bahrain Time)


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Organiser

Esanda

Esanda is a specialist training provider serving the global upstream oil and gas industry. Our course leaders are practicing industry specialists who develop our in house courses and work with clients to build bespoke training for their staff.  Our operations are supported by our UK and Australia offices.

We pride ourselves on being able to bring hundreds of man years of experience to the training sector and the positive feedback we receive from our satisfied clients.

Our courses have evolved over 20 years with a focus on Field Development Planning, which includes a strong emphasis on costing and economic analysis as well as concept selection for our clients. The range of clients includes those involved in Onshore, Offshore, Subsea, GTL, LNG and unconventional developments. This work and client training has allowed us to build strong expertise with practical and up to date knowledge of the subject areas.

For details of our course terms and conditions, click here.

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Reserves and Resources Evaluation: Bahrain
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