PRMS – Practical Examples and Exercises for Business Use


Management and Information Reservoir Descriptions and Dynamics

Objective

This one-day course is specifically meant for practitioners, involved in petroleum resource estimation, classification and reporting. The presenters will highlight key aspects of the “Guidelines for Application of the Petroleum Resources Management System (PRMS),” using a series of interactive examples, exercises and quizzes. The contents will be focused on the practical application of the PRMS in the business. This course requires active participation from the attendees, which is also an excellent opportunity for networking and sharing of best practices and challenges.

Description

Examples will include:

  • Classification of volumes throughout field life cycle 
  • How not to report reserves—common mistakes when reporting reserves
  • Evaluation of uncertainty ranges
  • Changes of reserves categories with new information
  • Use of analogs
  • Water flooding
  • Gas monetization
  • Classification of EOR resources
  • Reserves entitlement under novel contracts

Participants are also encouraged to bring their own cases and problems for analysis and discussion

Cancellation Policy

  • A processing fee of USD 100 will be charged for cancellations received before the registration deadline, 21 September. For cancellations received after the registration deadline, 21 September, 25% refund will be made to the registrant.
  • No refund on cancellations received within seven (7) days prior to the workshop dates, i.e. on or after 14 October.
  • No refund will be issued if a registrant fails to attend the workshop.
  • For more details, please contact Julie Atkinson at atjatkinson@spe.org.

Instructor

Doug Peacock

Doug Peacock is a principal with Gaffney, Cline & Associates based in Singapore. Doug has over 29 years' experience in the oil industry in a variety of geoscience positions, during employment with service companies, operators, and consultancies. He has been involved with exploration, development and reserves estimation throughout his career with an increasing emphasis on unconventional resources.

Doug holds a BSc in Geological Sciences from Leeds University, UK, and a MSc in Petroleum Geology from Imperial College, London.  He is a member of the Society of Petroleum Engineers (SPE), Southeast Asia Petroleum Exploration Society (SEAPEX), Society of Exploration Geophysicists (SEG) and Petroleum Exploration Society of Great Britain (PESGB).

Randy Shepler

Norbert Dolle holds an MSc degree in petroleum engineering from Delft University of Technology. He worked in various roles with Shell International E&P, ranging from studies and operational reservoir engineering to asset management in The Netherlands, UK and Gabon. Currently, he is part of Shell’s internal resource assurance team, based in The Hague, with a specific focus on Non-Operated Ventures and the Middle East.