Unconventional Reservoirs: Reserves and Resources Estimation Fundamentals

7:06 Hours
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.

01-01 – Course Overview
01-02 – Reserve Reporting Principles & Guidelines (27 min.) 
01-03 – SPE-PRMS (Petroleum Resources Management System)
01-04 – Discovered vs. Undiscovered Reserves
01-05 – Contingent & Prospective Resources

02-01 – Risk vs. Uncertainty
02-02 – Resource Classification Workflow

03-01 – Unconventional Reservoir Types
03-02 – Global Unconventionals
03-03 – Unconventional Geoscience
03-04 – Post Depositional Changes
03-05 – Core Measurements

04-01 – Workflow Design
04-02 – Picking Tops & Source Rocks
04-03 – Unconventional Petrophysics
04-04 – TOC Calculations
04-05 – Porosity Estimation
04-06 – Mapping Thermal Maturity

05-01 – Time & Money: NPV & IRR
05-02 – Cashflows
05-03 – Oil & Gas Price Forecasting
05-04 – Costs, Royalties , Taxes & Burdens
05-05 – Capital Costs
05-06 – Sensitivities

06-01 – TBA

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