Reserve Estimation Unconventionals: REU Canada 2013
Organization: Hanson Wade
|Event Date/Time: Jun 03, 2013||End Date/Time: Jun 06, 2013|
Are you accurately estimating the vast potential of unconventional wealth in Canada?
Limited production data, discrepancies in measurement methodologies, variable changes in porosity, poor reservoir modelling techniques and a lack of information on compliance guidelines can all result in over-aggressive or over-conservative estimations.
REU Canada 2013 will allow you to overcome these barriers in order to accurately forecast production.
Highlights from this year’s technical agenda:
- Demonstrate Economically Viable Production: Find how to drastically improve reserve estimation accuracy even with limited production data and how to use early time data to predict a longer range forecast for production
- Determine Resource Or Original Oil In Place: Investigate the impact of variable changes on actual recovery, determine porosity cut offs for recoverable resources and understand the impact of water saturation on reservoir estimations
- Explore The Analysis Methodologies That Will Improve Accuracy:Evaluate the most effective reservoir techniques, revisit probabilistic methodology and scrutinize the role of the decline curve in reliable production forecasting
- Improve MultiStage Fracking Efficiency: Explore the most profitable techniques, improve the design of the frac, determine long term consequences and adjust well spacing to enhance recoverability
- Comply With Reporting Requirements: Ensure regulatory compliance and manage differences between the SEC and the ASC to avoid restatements, loss of credibility & poor financials