Type curves used in the forecasting of reserves and production is not a new phenomenon in the oil and gas industry. However, it has become a critical tool in the reservoir engineer’s tool kit because of the development of shale oil and gas plays and the re-development of traditional plays through horizontal drilling and multi-stage fracing. Sproule’s 2 day seminar is an introduction into the science behind type curves and their evolving use in today’s oil and gas industry. The seminar will present concepts on probabilistic reserves determinations, why type curves should be used, the theory behind using multi-segment curves, how they are generated and factors affecting type curves. Resource and reserves definitions appropriate to plays evaluated by type curves will also be discussed. The seminar will focus on the Alberta Cardium oil play plus other tight light oil pays and the BC Montney gas play and will provide insights into how type curves should best be applied. The seminar will also identify some of the challenges behind understanding the production story and reserves assignments derived from type curves.
Seminar Break Down
The course is divided into a day of lecture and a day of lab time. However, there is a maximum of 9 seats per lab session, so the third day is used flexibly to accommodate all registrants if necessary.
The seminar will be presented by Sproule’s senior engineering staff including Cameron Six, P.Eng., Senior Vice President, Unconventional and Director and Art McMullen, P.Eng, Manager Asia Pacific and Partner each with over 30 years of industry experience. This seminar is ideally suited for engineering and geoscience professionals who may currently or in the future be involved in oil & gas plays where type curves are primarily used to determine future production and reserves
This seminar will be presented in partnership with Energy Navigator Inc. and will be held in their offices at 777 8th Ave SW, Calgary. The first day of the seminar will focus on the technical presentation through a lecture format. The second day of the seminar will be dedicated to working through a number of workshop problems utilizing Energy Navigator's Val Nav software.
Who should attend
This seminar is ideally suited for engineering and geoscience professionals who may currently, or in the future, be involved in oil & gas plays where type curves are primarily used to determine future production and reserves.
Class size is limited to 18 participants for the lecture portion of the seminar and 9 participants per workshop portions (there will be two) of the seminar. Group A for the first workshop will attend class on November 8 and 9; Group B will attend class on November 8 and 10. A basic understanding of Val Nav is required to ensure success with the course material.
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