Petroleum reserves
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
This paper provides insight into existing tools, methodologies, and processes that can help any capital project or organization improve predictability of outcome while mitigating risks and exploiting opportunities effectively.
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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This study catalogs global gas/oil ratio data to identify currently produced light crude oils that could be rendered carbon neutral through the direct-air-capture mechanism. -
The FAQs present questions frequently received from industry with answers prepared by the FAQ Subcommittee and reviewed by the SPE Oil and Gas Reserves Committee and Petroleum Resources Management System (PRMS) co-sponsors. The FAQs address select topics on the interpretation and application of the PRMS on the evaluation and classification of petroleum reserves and re…
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We continue to live in volatile times. While there has been an easing of the global pandemic, geopolitical issues and conflicts have been increasing. There is also ever-increasing pressure to sanction and maintain oil and gas projects in a socially and environmentally sustainable manner. These projects can no longer be considered part of an isolated or independent pet…
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The Petroleum Resources Management System (PRMS) has long been recognized as the global standard reference for resources and reserves classification and definition. The newly published “2022 Guidelines for Application of the PRMS” is not merely a refresh of the 2011 version but a complete rewrite by contemporary subject-matter experts.
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The complete paper outlines adaptations of the SPE Petroleum Resources Management System to a company’s business processes.
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The complete paper builds on existing tools in the literature to quantify the effect of changing well spacing on well productivity for a given completion design, using a new, simple, intuitive empirical equation.
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This paper describes a development plan for an oil field discovered in a remote offshore environment in the Niger Delta that uses a probabilistic approach to estimate the STOOIP using low, mid, and high cases.
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The paper provides insight into managing reserves and resource information during a merger through description of a case study.
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The authors present a countrywide benchmarking of ultimate recovery factor for oil reservoirs in Kuwait.
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The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly.
