Course Schedule

Hydrocarbon Resource Volume Estimation and Classification using SPE PRMS

This course will present the elements of hydrocarbon resource classification framework in accordance with the Petroleum Resources Management System (PRMS). The fundamental difference between “Classification” based on their probabilities of becoming commercial and “Categorization” based on their relative certainty of being produced will be illustrated. Special focus will be on “Reserves” and detailed guidelines for classifying a hydrocarbon resource as “Reserves” will be explained by means of industry examples. SEC proved reserves requirements will also be discussed. Application of principles with numerous discussion questions will be illustrated throughout the course

USD 350

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Description

Course Objectives

The aim of this course is to:

1. Enhance technical skills of participants to classify, categorize and estimate hydrocarbon resources in oil and gas assets.

2. To demonstrate PRMS is a powerful management tool that is widely used in the industry.

3. Familiarize the participants with the latest definitions of hydrocarbon resources of various categories as per PRMS.

4. Understand the process of hydrocarbon maturation as resources move from one class to another.

5. Understand how a resource within a given classification is placed in appropriate categories.

6. Provide some guidelines whether a hydrocarbon resource can be classified into “Reserves”.

7. Familiarize with SEC proved reserves requirements.

Course Outline

Definition of Hydrocarbon Resource

Importance of Estimation and Classification of Hydrocarbon Resource Volume

SPE PRMS – Basic Features

Classification of Hydrocarbon Resource Volume in SPE PRMS

Hydrocarbon Resource Volume Maturation

Hydrocarbon Reserves – Developed and Undeveloped Reserves

SEC Proved Reserves Requirements

Significance of Reserves Replacement Ratio (RRR), (1P/2P)EUR and Reserves to

Production Ratio (R/P)

Industry Examples on challenges related to hydrocarbon resource estimation and Classification.

Numerical Problems related to hydrocarbon resource estimation and maturation

Quiz

Who Should Attend?

This course is intended for technical staff who are or will be responsible for reporting of hydrocarbon resources in their Company or for external reporting including SEC. Technical disciplines may include:

• Reservoir Engineers

• Geoscientists

• Production Technologists

Students of Petroleum Engineering who want to have an understanding hydrocarbon resource volume estimation and classification will also find the course useful.

Prerequisites

Participants should be familiar with the upstream oil and gas business in general. Benefits of Attending the Course Understanding of hydrocarbon resource volume maturation process and the uncertainty associated with estimation of hydrocarbon resource volume is a critical skill for many personnel in oil and gas industry. Participation in this course delivered by a veteran in oil industry with four decades of experience in major IOC and NOC will go a long way in meeting this critical skill gap.

Instructor Biography

Biswajit Choudhuri is a Petroleum Engineer with about four decades of experience in major E&P companies including NOC and IOC. He was a technical authority in Reservoir Engineering in Petroleum Development Oman (PDO) and Shell. He has been extensively involved in estimation and classification of hydrocarbon resources as an Engineer, reviewer, and approver. He has delivered numerous training programs related to this subject in PDO and other entities over last decade.