Petroleum reserves
The three featured papers illustrate how emerging computational methods—ranging from gradient-based optimization to data-driven proxies—are reshaping reservoir characterization, uncertainty assessment, and real-time decision support across diverse subsurface applications.
Latest 5-year assessment puts undiscovered technically recoverable gas resources on the US Outer Continental Shelf at 218 Tcf.
Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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This paper will examine ways in which Chance of Development (CoD) can be defined better, methods for its estimation, and its appropriate application along with common misuses. -
Members of SPE continue to share valuable and useful information through the more than 90 papers on reserves and asset management presented at various meetings, symposiums, and workshops this past year.
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The Guidelines for Application of the Petroleum Resources Management System (AG) document was issued in November 2011.
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Reserves- and resources-evaluation methods in unconventional reservoirs are different from those for conventional reservoirs.
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