Unconventional Reservoirs: Reserves and Resources Estimation Fundamentals Course

Laura Beierbach , Jodi Anhorn , Trisha MacDonald , and Warren Bindon

This course will guide the geoscientist, engineer and energy professional through key concepts of estimating reserves and resources for unconventional reservoirs.
Throughout the lessons in this course, GLJ will explore distinguishing features of an unconventional reservoir and connect the subsurface reservoir to future development through geological and engineering analysis.
Participants will dive into key data types and evaluation techniques, comparing deterministic, probabilistic, and statistical models with applications of fundamental analysis compared and contrasted between unconventional and conventional reservoirs.
GLJ will walk through existing development areas via case studies, illustrating specific components that may impact existing and future development, type curves and value.
Through successful completion of this course, the viewer will be able to successfully characterize their unconventional reservoir, build out estimates of future production, and properly classify their volumes as reserves or resources according to PRMS and COGEH.Read more...

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Course contents

    Chapter 1 - Introduction To Reserves & Resources

    01-01 - Course Overview (11 min.)  Sample Lesson

    01-02 - Reserve Reporting Principles & Guidelines (27 min.)

    01-03 - SPE-PRMS (Petroleum Resources Management System) - Part 1 (30 min.)

    01-04 - SPE-PRMS (Petroleum Resources Management System) - Part 2 (30 min.)

    01-05 - Contingent & Prospective Resources (23 min.)

    Chapter 2 - Categories & Classifications in PRMS

    02-01 - Category and Classification (27 min.)

    02-02 - Recap of PRMS – Class Example (17 min.)

    Chapter 3 - Defining Unconventionals

    03-01 - What are Unconventional Reservoirs? - Part 1 (19 min.)

    03-02 - What are Unconventional Reservoirs? - Part 2 (10 min.)

    03-03 - Unconventional Geoscience Fundamentals - Part 1 (14 min.)

    03-04 - Unconventional Geoscience Fundamentals - Part 2 (12 min.)

    03-05 - Core Measurements (18 min.)

    Chapter 4 - Geoscience Reserves & Resources Workflows

    04-01 - Workflow Design (18 min.)

    04-02 - Picking Tops & Source Rocks (13 min.)

    04-03 - Core Revisited - Petrophysical Measurements (12 min.)

    04-04 - TOC Estimation and Evaluation (11 min.)

    04-05 - Porosity Estimates (21 min.)

    04-06 - Mapping Thermal Maturity & Final Volumetric Outputs (8 min.) Quiz

    Chapter 5 - Petroleum Economics

    05-01 - Time & Money: NPV & IRR (21 min.)

    05-02 - Cashflows (20 min.)

    05-03 - Oil & Gas Price Forecasting (10 min.)

    05-04 - Costs, Royalties , Taxes & Burdens (22 min.)

    05-05 - Capital Costs (13 min.)

    05-06 - Sensitivities (6 min.) Quiz

    Chapter 6 - Key Data Considerations - Part 1

    06-01 - Data Sources (9 min.)

    06-02 - Major Sources of Data (8 min.)

    Chapter 7 - Key Data Considerations - Part 2

    07-01 - Models & Analysis (9 min.)

    07-02 - Volumetric Models (10 min.)