Synopses & Reviews
The exploration and appraisal of new reserves is the key for long term survival for a petroleum and natural gas companies. If done correctly, it will result in a windfall for the company but if done incorrectly or haphazardly, it will result in financial disaster. However, applying the concepts involved is a difficult and challenging task. Surveys must be analysed, leases and licenses acquired, and surveying done before an appraisal well is drilled and a reservoir
model constructed. All this activity can easily run into $100 of millions of dollars before onebarrel of oil reaches the surface. Written by a senior reservoir engineer with over 15 years of experience, evaluating fields in the North Sea, Gulf of Mexico, South America and West Africa, Reservoir Exploration and Appraisal is one of the first books to provide reservoir engineers with an insider s approach to the important workflow solutions needed to save time, capital, and human recourses during reservoir exploration and appraisal operations. In this book, the author provides expert workflow solutions for critical subjects such as Lease Sales, Bid Rounds, Farm-in/Farm-out analysis, and Exploration and Appraisal phases of pre -FID (final investment decision) projects in general. Amado provides the readers with guidance, workflow, and practical recommendations to solve this problem.
Sharpen the skills needed for the exploration and appraisal of new reservoirs
An Insider's approach to important workflow solutions
Learn how to build internal development plans and production functions
Provides the knowledge to run quick and simple evaluations using a minimal set of data
Brief and readable, Working Guide to Reservoir Exploration and Appraisal
is a prefect companion for engineers who need to sharpen their skills or experienced engineers who wish to further develop their knowledge of best practice techniques. Written by an engineer with over 15 years of experience in the North Sea, Gulf of Mexico, South America and West Africa, this book provides engineers with an "insider’s" approach to important workflow solutions for lease sales, bid rounds, farm-in/farm-out analysis, and exploration and appraisal phases of pre-FID (final investment decision) projects in general. By applying the techniques described in this book, readers learn how to build initial development plans and production functions that will feed the final economics of these opportunities even when little or no data is available.
- Sharpen the skills needed for the exploration and appraisal of new reservoirs
- An "Insider's" approach to important workflow solutions
- Learn how to build internal development plans and production functions
- Provides the knowledge to run quick and simple evaluations using a minimal set of data
Table of Contents
Preface Introduction Chapter 1: Project Framing and the V2V (Volume to Value) Evaluation Analysis Chapter 2: Setting the Scene: Plays, Leads and Prospects Chapter 3: Exploration and Appraisal Stages Chapter 4: Rock and Fluid Estimates Chapter 5: The Search and Use of Analogues Chapter 6: Volumes and Recovery Efficiencies Chapter 7: Wells and Production Functions Chapter 8: Facilities and Subsea Engineering Chapter 9: Capex and Opex Expenditures Chapter 10: Lease Sales, Bids and Farm-in Chapter 11: The Value and Gains of Technology Chapter 12: Examples and Real Cases Evaluations Chapter 13: Final Remarks and Evaluation Summary Sheet Index