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A well-known and long-standing SPEE publication based on an in-depth survey of reserves and acquisition professionals. Results are presented annually at the SPEE Annual Meeting and then published annually in late spring or early summer.
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The SPEE Annual (2024) Survey of Parameters in Property Evaluation is now available online!
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Monograph 5 presents a comprehensive technical analysis of Type Well Profiles (TWPs), including preparation, use, uncertainty analysis, recognition and management of bias, documentation, and validation. The monograph provides an in-depth analysis and comparison of two TWP construction methods: the production averaging method and the parameterization method.
While TWPs have been used in the industry for decades, there are ways in which TWPs can be improperly generated and/or the results of those TWPs can be misapplied for the intended purpose. Published TWPs frequently fail to adequately disclose important aspects of the construction methodology or the quality and quantity of the underlying data. Furthermore, uncertainty is inherent within TWPs. Monograph 5 investigates this uncertainty, identifying key sources and setting out robust methods to quantify the impact. Validation using hind-casting techniques can provide valuable feedback to evaluators preparing and using TWPs, provided that inherent uncertainty is considered. These issues are examined in detail within Monograph 5, with recommended practices subsequently presented for consideration.
Hard-Bound Copy: US – $150.00
Digital Version: US – $75.00
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Our convenient digital edition provides seamless access to Monograph 5: A Practical Guide to Type Well Profiles. This electronic version offers a user-friendly, searchable document designed for online and offline reading through our dedicated platform.
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The recent growth in unconventional oil and gas production in North America has been followed by the realization estimation methods for conventional reserves are often inadequate for these reservoirs. The industry has responded by developing several methods for unconventional reserves evaluation. Focusing on shales, tight sands and carbonates, and coals, this publication assesses current methods to forecast performance of wells in unconventional reservoirs (UCR’s) given different reservoir types, different completions and different well maturities.
US – $145.00
SPEE Monograph 3 addresses the issues of determining Proved, Probable, and Possible undeveloped reserves in Resource Plays. The publication presents a practical and useful guide to help the evaluator answer several important questions. Questions like:
1. How do I know when a reservoir is a Resource Play?
2. How can I use probabilistic reserves in a Resource Play?
3. What locations are Proved in a Resource Play?
4. What are ways to approximate Proved reserves in a Resource Play if I need a quick estimate?
Evaluators of Resource Plays designed Monograph 3 to share practical evaluation methods and included many example problems illustrating how to use these methods.
Monograph 3 Errata.PDF
US – $70.00
A useful tool both in avoiding ethical challenges, and in addressing the ethical dimension of your day to day practice of petroleum reservoir evaluation.
US – $5.00