Unconventional Reservoirs: Reserves and Resources Estimation Fundamentals Course

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

This comprehensive course on Unconventional Reservoirs focuses on the fundamentals of reserves and resources estimation tailored for geoscientists, engineers, and energy professionals. Participants will explore key concepts such as geological and engineering characteristics of unconventional reservoirs, comparing various evaluation models including deterministic, probabilistic, and statistical approaches. The course features case studies and hands-on examples to connect reservoir characterization to future development and production forecasting. Emphasis is placed on classification of reserves and resources according to industry standards like PRMS and COGEH. Through interactive content and expert insights from GLJ professionals, learners gain essential knowledge for practical application in unconventional reservoir assessment and economic evaluation.Read more...

Who Should Take This Course
• Geoscientists and engineers
• Energy sector professionals
• Business analysts in energy
• Reservoir and development specialists

What You Will Learn
• Production forecasting and type curves
• Reserves and resources evaluation models
• Fundamentals of unconventional reservoirs
• Classification by PRMS and COGEH standards

Why This Course Works
• To estimate future production and asset value
• To comply with international reporting standards
• To support business and economic decision-making
• To understand unconventional reservoir characteristics

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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.)