Nov. 11 - Nov. 12, 2009


Description

This course is designed to teach compliant estimation and documentation of petroleum reserves under the new SEC Modernization of Oil and Gas Reporting and the 2007 SPE-PRMS reserves guidelines.  The course also covers in detail the requirements that must be met to classify reserves as proved, probable, or possible. Following a review of reserves definitions the course presents and discusses the main reservoir engineering and geoscience methods that are used to estimate reserves and how reserves definitions affect such estimates. Case examples will be presented to illustrate estimation methods along with typical errors associated with reserves estimates and how to avoid them. In addition, the course covers supplemental estimation techniques such as reservoir simulation and probabilistic methods to estimate reserves and how to properly apply such techniques.

Registration for this event is closed.

Featured Speakers

Speaker Bob Wagner
Ryder Scott Bob Wagner has over 37 years of reservoir engineering experience with one major, two aggressive independent oil companies, and a leading engineering consulting firm. Reservoir engineering, integrated reservoir studies, field development studies, reserve determinations, SEC reserve documentation and compliance, and economic evaluations are among Mr. Wagner’s many areas …


Ryder Scott


Bob Wagner has over 37 years of reservoir engineering experience with one major, two aggressive independent oil companies, and a leading engineering consulting firm. Reservoir engineering, integrated reservoir studies, field development studies, reserve determinations, SEC reserve documentation and compliance, and economic evaluations are among Mr. Wagner’s many areas of expertise. In addition to vast experience with application of traditional reservoir engineering techniques including performance curve analysis, volumetric analysis, material balance calculations, swept volume analysis, PVT analysis, nodal analysis, gas deliverability, and other aspects of reservoir engineering, Mr. Wagner has routinely worked with geologists and geophysicists on projects that require integration of various types of data to optimize results and achieve project goals. Mr. Wagner has justified and directed capital programs totaling over 300 MM$ for offshore drilling and development programs, large scale infill drilling programs, and redevelopment programs in mature fields, and conducted a multitude of oil and gas economic evaluations for use in SEC reports, IPO filings, bank reports, acquisition and divestiture transactions, court testimony, state and federal regulatory applications, pipeline justification, project evaluation, and various other end uses. He has been involved with over 8 billion dollars of completed acquisitions and mergers. He is the author numerous schools dealing with SEC reserve reporting compliance and engineering applications in building a compliant case.


Mr. Wagner received a B.S. in Petroleum Engineering from The University of Texas, and is a member of SPE, Tau Beta Pi and Pi Epsilon Tau. He is also a Registered Professional Engineer in Texas.

Full Description



Organizer

Chiwila Mumba-Black


Date and Time

Wed, Nov. 11

-

Thu, Nov. 12, 2009

8 a.m. - 5 p.m.
(GMT-0500) US/Central


Location

SPE Houston Office Training Centre

10777 Westheimer Suite 1075
Houston, TX 77042-3455
USA