Evaluation of Reserves and Resources in Unconventional Reservoirs

$82.00

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Series
: Materials Science and Technologies
BISAC: SCI003000; TEC021000
DOI: https://doi.org/10.52305/JDPA5553

“This book fills an important gap in published information about unconventional reservoirs, synthesizing information scattered through many papers and other documents in the technical literature in one brief and readily accessible document. The authors, Cenk Temizel, Cengiz Yegin, and Shah Kabir, have considerable experience working with this energy source that has revolutionized the world’s energy supply. They ably draw on this experience they explore the key issues that resource evaluators and users must consider. The combination of clear definitions, resource classification, management practices, traditional and cutting-edge production forecasting techniques, and references to the literature provides evaluators an opportunity for “one-stop shopping” to broaden their skills in evaluating unconventional resources.” – Dr. W John Lee, DVG Endowed Chair and Regents Professor | Texas A&M University


Unconventional reservoirs have provided a great opportunity to the industry for assuring the continual production of hydrocarbons, particularly in North America. Despite the uptake of output in deep-water assets, the overall declining production trend in land operations from conventional reservoirs required a step-change in production output. Innovations over two decades in drilling and completion paved the way for commercial-scale field development in unconventional settings, starting in the Barnett play in Texas. Long-term performance prediction became a challenge given the steep initial rate decline trend in any individual well. Over time, evolving studies provided solutions to this obstacle, leading to more realistic performance predictions and reserve estimation.

This E-book attempts to address two significant points of interest while tackling an unconventional play. Chapter 1 defines reserve and resource and their estimation process in this context. Then, Chapter 2 reviews items related to regulatory guidelines about resource and reserve definitions and categorizations. Besides reserve reporting and standards, the detailed discussion entails operators, regulators, and lending institutions. Items such as tax royalty and PSC contracts, production sharing contracts, risk service agreements also became part of this chapter’s content to provide a holistic picture.

Chapter 3 delves into decline-curve analysis or DCA, a bedrock of reserve estimation process for an asset of any origin. Both empirical and analytical methods are discussed which have evolved well over a decade, followed by probabilistic DCA and rate-transient analysis. In this context, discussions appear on frac hits, enhanced recovery with cyclic CO2 injection, and anomalous diffusion in realistic settings. Overall, these and related items attempt to provide a holistic overview of available technology that is in play in the domain of unconventional reservoirs.

Table of Contents

Foreword

Preface

About the Authors

Acknowledgments

Nomenclature

Chapter 1. Overview of Unconventional Reservoir Systems

Chapter 2. Understanding Reserves and Resources

Chapter 3. Estimation of Reserves

References

Index


Author’s Bio

Cenk Temizel is a Senior Reservoir Engineer with Saudi Aramco. He is the recipient of the Aramco Unconventional Resources Technical Contribution Award and 2nd place at SPE Global R&D Competition. He holds a BS degree from Middle East Technical University and an MS degree from the University of Southern California (USC). He has published over 100 articles and 4 books. He was a research/teaching assistant at USC and Stanford University before joining the industry.

Cengiz Yegin is the co-founder and CTO of Incendium Technologies LLC. At Incendium, he has been developing and commercializing innovative materials for the oil and gas industry, as well as managing privately- and federally-funded projects. Cengiz holds a Ph.D. in Materials Science and Engineering and has more than 10 years of research experience with over 40 publications.

Shah Kabir has had four decades of experience in the oil industry, besides teaching at the University of Houston. He published over 130 articles and two books and became an Honorary Member of SPE/AIME in 2016. He currently has an advisory role at Incendium Technologies LLC.