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What Is Oil and Gas Reservoir Evaluation?

Oil and Gas Reserves and Resources Evaluation is a series of technical studies which are intended to add value to an oil and gas company’s operations pertaining to a particular prospect – as well as highlight issues which may prevent the prospect coming into fruition.

Typically, an oil and gas reserves and resource evaluation consists of various technical studies, which tend to take place from an early exploration stage, onward to development planning and even utilised in project execution. Some of these technical studies are as follows.

Seismic Processing and Imaging is taken on both pre and post stack processing sequences. Furthermore, there are a series of regional sedimentlogical, sequence-stratigraphic and structural exploration technical audits to carry out. Essential geological information such as sedimentology, facies, burial history, diagenesis and mineralogy is also taken into consideration in order to find the best possible evaluation result.

All-in-all, the act of oil and gas reservoir evaluation is an all-encompassing affair which relies on the reservoir engineering, facilities engineering and well engineering in order to provide the information for geophysicists and petrophysicists to analyse.

The act of oil and gas reserves and resource evaluation is not a one-time affair. Typically, a prospect will need evaluation throughout its field lifespan, covering the subsurface aspects, well aspects, as well as engineering aspects.

Typically oil and gas reserves and resource evaluations are something which will be performed throughout the duration of a prospect’s field life, therefore it is important to seek out a specialist company which have adequate experience throughout a variety of explorations – both in marine and land-based prospects. ERCe is a UK-based oil and gas reserves and exploration company which utilises a multi-disciplinary approach, meaning that none of this vital work is outsourced.

The fact that the services are kept in-house at ERCe allows them to cover all subsurface, well and engineering aspects in your prospects, from exploration through to development and production – onto a successful abandonment.

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