This complete 5-day course is designed for technical oil & gas professionals and introduces the foundational components and techniques of evaluating global oil and gas properties.
- Category : Reserves Evaluations
- Length : 5 days
- Primary Instructor:
Organized and customized by Sproule , this complete 5-day course presents the foundational components and techniques of evaluating global oil and gas properties. By the end of this course, participants will fully understand the evaluation process, where to source the appropriate data, how to evaluate an oil and gas property, how to interpret evaluations done by others and, ultimately, how to make sound investment decisions. The course lecture material is supported by a number of workshop exercises.
This course is focused on the technical aspects of reserves determination and is designed for engineers, geoscientists, land professionals and technologists interested in understanding the process and results of evaluating oil and gas properties.
**This course is provided for organizations or individuals that need a customized training program based on peculiar needs. Contact Sproule directly for customized content, dates and rates
The material covered in the course is very practical, and includes many tips and insights in evaluating wells, groups of wells, properties and companies. Topics include:
- Petroleum geology and geophysics
- Estimating reserves and production
- Probabilistic methods
- Interests and royalties
- Capital and operating costs
- Time value of money
- Profitability indices
- Income taxes
- Oil, gas and product prices
- Resource and reserves definitions
- Use of evaluations
Senior Petroleum Engineer
Alexander MinevM.Sc., P.Geol.