Skip to main content

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.

Comments

Popular posts from this blog

How to check and deal with water in your fuel tank

For those living in the UK, primarily in North Wales and Shropshire - you’ll be acutely aware of the sheer volume of rainfall that we are exposed to annually. Living rurally in these areas can mean that you use heating oil to heat your homes, and they’ll be likely to have a fuel tank outside of their property. This means that extra precautions and care need to be taken when it comes to preventing water from getting into the fuel tank, this is something oil distributors Shropshire are familiar with.  Having water in the fuel tank can create a lot of problematic issues; such as reducing the quality of the fuel, which then goes on to affect the efficiency of the fuel in the tank. If the fuel tank has got water inside it, the primary sources are likely to be rainwater or condensation.  Rainwater can make its way into the fuel tank if openings in the tank are left open by mistake, if the seals are faulty or damaged, or if the overall integrity of the tank has been compromised

Piping Expansion Joints: What Are They?

Having problems with the same pump failing again? If at your manufacturers, you are experiencing the same pump failing over and over again even though it has been properly repaired, aligned and installed, it may still be experiencing chronic vibration issues.  A closer look could determine that the vibrations causing these issues may not be the pump, but it could be the vibrations from other equipment as it travels down the pipe. What can be done to stop this from affecting the pump? Pipe expansion joints might help this.  What is a pipe expansion joint? Pipe expansion joints, also known as bellows, are made up from one or more convolutions, that are designed to move or expand to relieve stress from the pipe.  An expansion joint is installed into systems for a few reasons. They can be used to absorb shock and vibrations, and they are also used to relieve anchor stress, reduce any noise, and they compensate for any misalignment. Certain models are also designed t

Why Epoxy Resin Is A Great Choice for Floors

Finding a suitable solution for your business’s floors can be a difficult decision. Factors such as the cost, and how long it will take for the floor to be installed all affect the choice. Epoxy resin flooring and resin flooring can be a great solution, based on its safety, durability, longevity, and a lot more.  Firstly, to help determine which flooring is best for you need to consider a few things: 1.     Do you need your surface to withstand heavy vehicles? 2.     Will there be lots of people standing on it at a time? 3.     Does it need to be exposed to extreme temperatures? 4.     Will it need to be slip, moisture or chemical resistant? 5.     Do you need it to meet a certain standard? Unfortunately, to cut the cost, lots of businesses opt for a type of flooring that doesn’t fully support their requirements. This can result in hazards for everyone who enters the building, and would need repairs. This damage could be severe, and could even mean n