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Houston 2019-11-06 SPEE Chapter Luncheon Meeting - Speaker: Neil Little
Neil Little, Vice President, Netherland, Sewell & Associates, will be speaking on "Well Spacing and Reserve Impact”.
When: Wednesday, November 6, 2019
Where: Petroleum Club - Aramco Room A
1201 Louisiana Street
Luncheon starts: 11:30am. (A plated lunch will be served.)
Presentation begins: 12:00pm
Online Registration Cost: A singular price of $35 per person will be collected for Members and/or $45 for Non-Members/Guests if paid by credit card in advance. If paying at the door, an additional $10.00 surcharge will apply to walk-ins or late registration.
Please RSVP by Noon CST Monday, November 4, 2019
The results from recent development wells in the horizontal resource plays has demonstrated the importance of understanding well spacing. Based on these results, oil and gas companies are dedicating significant technical time to understand their acreage, and how to best optimize the value of the acreage based on certain spacing assumptions. For the petroleum evaluation engineer, having a firm grasp on the demonstrated spacing and results, both inter-reservoir and between reservoirs, is key to appropriately assigning proved, probable, and possible reserves. We will present observations from well spacing tests in various plays, and discuss the principles to consider when assigning reserves when married with these companies' development plans.
Neil has been with Netherland, Sewell & Associates, Inc. (NSAI) since 2006 and has over 15 years of oil and gas experience. He was promoted to Vice President of the firm in 2014. Prior to NSAI, Neil was a Senior Reservoir Engineer with ExxonMobil Corporation, where he worked primarily in the Gulf of Mexico. Since joining NSAI he has been involved in hundreds of domestic projects. Neil’s extensive experience has given him an invaluable understanding of the important relationship that exists between the reserves evaluation consultant and the petroleum and financial industries. His areas of specific expertise include unconventional resources property evaluation (primarily in the Permian Basin and Eagle Ford Shale), probabilistic analysis of exploration prospects and new discoveries, and the application/ interpretation of industry reserves definitions and guidelines. Neil has an M.B.A. from the University of Houston and a B.S. in Chemical Engineering from Rice University.
No refunds are available if advanced registration is made online. However, if you are unable to attend, you may send someone else in your place. They must bring a copy of this receipt with them.
Special Meal Request: The Petroleum Club is now charging SPEE for special meal requests if made the day of our meeting. If you have special dietary restrictions (allergies, religious, etc.), please email BK at email@example.com with your special meal request on or before the registration deadline and we will include your request when we guarantee our attendance number with the Petroleum Club. If you request a special meal after the registration deadline, there will be an additional $20.00 surcharge for your registration.
Menu: Caesar Salad, Beef short ribs, Ice cream pecan ball with sauces
For additional information, please contact:
Houston, TX 77022
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