SPE Online Education
Online Training Courses - Reservoir
Estimated Ultimate Recovery vs Technically Recoverable ResourcesContains 2 Component(s), Includes Credits
A new term, Total Resource Recovery (TRR), is introduced in 2018 PRMS to complement another previously used resource potential related term, Estimated Ultimate Recovery (EUR). The [presentation/talk/slide show] defines both terms and a new related term, Technical Forecast, to explain their meaning, use and the differences between these terms.
Commercial vs EconomicContains 2 Component(s), Includes Credits
With the 2018 update to PRMS, the evolution of this important document continues with clarifications of existing terms and concepts as well as introductions of new terms. One constant has been the requirement of “commerciality” as an element of reserves. To ensure PRMS users distinguish “commercial” from “economic”, this online training course explains both terms. Also, related terms, like “economic limit”, are explained along with some FAQs on economic topics.
PRMS 2018 Update, Examples, and Usage: Excerpts from HEESContains 2 Component(s), Includes Credits
With excerpts taken from the 2018 Hydrocarbon Economics and Evaluation Symposium, this course provides an overview of the key changes in the 2018 Update, practical examples for interpreting common issues, and usage of the PRMS in regulatory environments.
Stability and Rock Deformation ModelsContains 2 Component(s), Includes Credits
Upon completing this assignment, the participant should be able to identify the presence and orientation of fracture systems in the reservoir and generate a stability and rock deformation model.
Exploration ProcessContains 2 Component(s), Includes Credits
Upon complication of this module, the learner will be able to learn the progressively more expansive data collection and analysis steps that are applied to an exploration opportunity from the negotiation of a host country agreement to the request for funds to move to Field Development Planning, learn how the exploration process involves making decisions to acquire data under conditions of uncertainty (value of information), learn how exploration and appraisal wells are located to delineate a prospect, learn how resources are estimated using the SPE system under conditions of uncertainty, generate prospect economics based on estimated reserves and project economic indicator, and learn how to assess geological risk.
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