Course Schedule
Online Sessions:
Date Time Duration Location
14-Jul 2025 9 PM Indian Time
3 Hours Per Day
Zoom Online

Description


This comprehensive 30-hour training program on Hydrocarbon Resource Evaluation and Assurance is designed to equip participants with the knowledge and skills necessary to evaluate, classify, and manage hydrocarbon resources effectively.


Accurate resource evaluation and robust assurance practices are essential for making informed decisions that maximize value while minimizing risks. Through a combination of theoretical insights, practical applications, and real-world case studies, this program provides a solid foundation in the principles of resource estimation, classification frameworks (such as SPE-PRMS), and best practices for resource assurance.


Demo Class

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Course Description

Introduction


Understanding the accurate evaluation and assurance of hydrocarbon resources is a cornerstone of success in the oil and gas industry. This course delves into critical concepts, methodologies, and tools required to evaluate hydrocarbon resources effectively. From seismic interpretation to reserve classification, participants will gain a well-rounded understanding to enhance their technical and strategic capabilities.

Objectives


  • Equip participants with the knowledge and skills to evaluate hydrocarbon resources confidently.
  • Teach methodologies for accurate resource estimation and classification.
  • Introduce best practices for data quality assurance and probabilistic analysis.
  • Enhance participants' ability to integrate technical data with economic considerations for decision-making.
  • Provide insights into the latest trends and tools used in resource evaluation.
  • Training Methodology


    The course adopts a blend of interactive lectures, case studies, hands-on exercises, and group discussions. Participants will use industry-standard tools and software to apply theoretical concepts to practical scenarios, ensuring an engaging and impactful learning experience.

    Organisational Impact


  • Improved accuracy and reliability in resource evaluations.
  • Enhanced decision-making processes for exploration and production.
  • Increased confidence in strategic planning and risk management.
  • Greater alignment with industry standards and practices.
  • Personal Impact


  • Strengthened technical knowledge and analytical skills.
  • Enhanced career opportunities and professional growth.
  • Confidence in conducting and reviewing resource evaluations.
  • Access to industry tools and methodologies to apply in real-world scenarios.
  • Who Should Attend?


    1. Reservoir Engineers

    2. Geoscientists and Geologists

    3. Petroleum Engineers

    4. Asset Managers and Project Leaders

    5. Economists and Business Analysts in E&P

    6. Compliance and Reporting Professionals

    7. Decision-Makers in E&P Companies

    8. New Professionals and Graduates in the Oil and Gas Industry


    Course Outline


    Module 1: Overview of Hydrocarbon Resource Evaluation

    Module 2: International Resource Classification Standards

    Module 3: Resource Estimation Techniques

    Module 4: Probabilistic Methods and Uncertainty Analysis

    Module 5: Application of Decline Curve Analysis to Reserves Estimation

    Module 6: Common Errors in Decline Curve Analysis (DCA) and How to Avoid Them

    Module 7: Assurance Process in Resource Evaluation

    Module 8: Regulatory and Reporting Standards in Resource Evaluation

    Module 9: Resource Estimation for Development and Economic Decision-Making

    Module 10: Emerging Technologies in Resource Evaluation and Assurance

     


    Certificates


    On successful completion of this training course, PEA Certificate will be awarded to the delegates

    About The Trainer
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    Biswajit Choudhury is a Reservoir Engineer with about 40 years of experience in oil and gas industry. During his long career he has worked for Oil India Limited, BG Group, Shell International and Petroleum Development Oman. He was the technical authority in Reservoir Engineering function in Shell International and Petroleum Development Oman. Biswajit has presented several technical papers in international conferences and has 12 publications in international journals. 


    Currently as a Freelance Reservoir Engineering Consultant, he is associated with IMC Limited and Petroleum Engineering association (PEA). He delivers several technical courses both online and in face-to-face mode and is a guest faculty at IIT (ISM) Dhanbad and IIT (Madras). Biswajit has BS and MS degree in Petroleum Engineering from IIT (ISM) Dhanbad.