Professional Documents
Culture Documents
2 Key Questions
2 Key Questions
Are any commercial O & G
Are any commercial O & G
Are any commercial O & G
fields present
fields present
fields present
?
?
?
best fit
best fit
is obtained
is obtained
P. 2-40
2005 PetroSkills LLC, All Rights Reserved INSERT FILE NAME Insert on Master Slide
Prospect Volume Elements
Prospect Volume Elements
Trap volume
Trap volume
Reservoir thickness
Reservoir thickness
Reservoir thickness
Areal extent
Areal extent
Areal extent
Reservoir properties
Reservoir properties
Reservoir properties
Net/gross ratio
Net/gross ratio
Net/gross ratio
Average porosity
Average porosity
Average porosity
Average HC saturation
Average HC saturation
Average HC saturation
Recovery factor
Recovery factor
Recovery factor
50
50
P. 2-42
2005 PetroSkills LLC, All Rights Reserved INSERT FILE NAME Insert on Master Slide
P. 2-43
ML
ML
School
School
Answer
Answer
Min?
Min?
Max?
Max?
P. 2-35
2005 PetroSkills LLC, All Rights Reserved INSERT FILE NAME Insert on Master Slide
Prospect Volume Elements
Prospect Volume Elements
Trap volume
Trap volume
Trap volume
Reservoir thickness
Areal extent
Areal extent
Areal extent
Reservoir properties
Reservoir properties
Reservoir properties
Net/gross ratio
Net/gross ratio
Net/gross ratio
Average porosity
Average porosity
Average porosity
Average HC saturation
Average HC saturation
Average HC saturation
Recovery factor
Recovery factor
Recovery factor
Reservoir thickness
Reservoir thickness
Reservoir thickness
Areal extent
Areal extent
Areal extent
Reservoir properties
Reservoir properties
Reservoir properties
Net/gross ratio
Net/gross ratio
Net/gross ratio
Average porosity
Average HC saturation
Recovery factor
Recovery factor
Recovery factor
Reservoir thickness
Reservoir thickness
Reservoir thickness
Areal extent
Areal extent
Areal extent
Reservoir properties
Reservoir properties
Reservoir properties
Net/gross ratio
Net/gross ratio
Net/gross ratio
Average porosity
Average porosity
Average porosity
Average HC saturation
Average HC saturation
Average HC saturation
Percent of trap filled (HC fill)
Recovery factor
Recovery factor
Recovery factor
Reservoir thickness
Reservoir thickness
Reservoir thickness
Areal extent
Areal extent
Areal extent
Reservoir properties
Reservoir properties
Reservoir properties
Net/gross ratio
Net/gross ratio
Net/gross ratio
Average porosity
Average porosity
Average porosity
Average HC saturation
Average HC saturation
Average HC saturation
397
397
200 BCFG
200 BCFG
V
V
381
381
Mean reserves Mean reserves: :
120 BCFG 120 BCFG
Adequacy Adequacy: : 0.20 0.20
Risked Reserves Risked Reserves: :
24 BCFG 24 BCFG
Play Economics
Play Economics
:
:
100 miles offshore
100 miles offshore
Minimum
Minimum
Economics
Economics
:
:
30 BCFG
30 BCFG
2005 PetroSkills LLC, All Rights Reserved INSERT FILE NAME Insert on Master Slide
Cumulative Curve Exercise
Cumulative Curve Exercise
Write exceedance chances
Write exceedance chances
Plot pairs
Plot pairs
Plot additional intermediate
Plot additional intermediate
points
points
Calculate a mean value for the
Calculate a mean value for the
distribution
distribution
Plot a risk
Plot a risk
-
-
discounted curve
discounted curve
P. 2-62
2005 PetroSkills LLC, All Rights Reserved INSERT FILE NAME Insert on Master Slide
Swanson
Swanson
s Rule
s Rule
P
90
___________ x 0.3 = ____________
P
50
___________ x 0.4 = ____________
P
10
___________ x 0.3 = ____________
SUM = MEAN _________
P. 2-62
Medi an
645
Mean
689
Ri sked Mean
345
1.0
.05
0.0
200
600
1000
1400
Max
2202
P. 15-3