An AAPG/DPA Event with JCORET-Certified Evaluator Training Class

Reserves Forum: Reserve and Resource Assessment Challenges

26-27 February 2015
  |  
Houston, Texas, United States
Sponsored By:

Join leading experts to learn about important new developments for developing rigorous, consistent and statistically valid reserve estimations. It has been 5 years since the SEC published “Modernization of Oil and Gas Reporting” which gave companies more flexibility and options for reserve and resource estimation. In that same period, unconventional activity has skyrocketed, resulting in new challenges for applying SEC guidelines. This forum will focus on what has changed over the past 5 years and how companies and PRMS are adapting to the change. Presentations will include talks on estimating reserves in unconventional reservoirs, applying reliable technology to accelerate P1 bookings, and PRMS challenges and issues. Come hear presentations on the following subjects:

  • Geoscience & Engineering: What new reserve challenges are facing earth scientists and engineers?
  • Unconventionals: How to approach reserve and resource estimation?
  • Reliable Technologies: What are they and how can they impact reserve bookings?
  • SEC & PRMS Standards, Guidelines, Challenges, and Issues: What is next?

This conference will be useful to earth scientists and engineers that are involved in reserve and resource estimation (from exploration discovery through to production) as well as anyone that manages oil and gas assets or the reporting of reserves.

Development Team Members
Want to be sure you do not have to write down your reserves?

Young Professionals
What is involved in preparing reserves estimates? How do we get the numbers right?

Executive Managers
Want to avoid an audit?
Then plan to attend the second annual AAPG/DPA Reserves Forum, a unique learning opportunity where we will engage these crucial topics as well as several others.

Goals
The Reserves Forum will focus on global reserve estimates; on making rigorous, consistent and statistically valid reserve estimations; on examining the engineering component of reserve assessment, providing information on compliance and reporting requirements.

JCORET Course – 27 February 2015

A JCORET-certified evaluator training class will be offered in conjunction with the DPA/AAPG Reserves Forum. Watch here for details.

26 February 2015

7:00 – 8:00: Registration and Breakfast

Introduction: 

8:00 – 8:15: Forum Introduction, “History of the Guidelines” - Ron Harrell (RSC)

Session 1:
Geoscience & Engineering

Chairs:

John Seid'le

Eleazar Benedetto-Padron


8:15 – 8:45: Rock and Fluid Properties for Commerciality and the Enhancement of Recovery Efficiencies - Thomas Harris
8:45 – 9:15: Volume Classification in Resource Play Evaluations - Eleazar Benedetto-Padron
9:15 – 9:45: What is the Financial Side Looking For in the Reserves Report? - Samatha Holroyd (SPEE)

9:45 – 10:00: Networking Break; Speakers Available for Discussion

Session 2:
Unconventional

Chairs:

Ron Harrell

Eleazar Benedetto-Padron


10:00 – 10:30: Estimating Reserves in Unconventional Reservoirs - John Seidle (MHAUSA)
10:30 – 11:00: Volume Classification in Resource Play Evaluations - Eleazar Benedetto-Padron
11:00 – 11:30: Which Numeric Methods Are More Reliable in Unconventional Reservoirs? - John Lee (UH)

11:30 – 12:45: Lunch 

During Lunch Pete R. Rose from Rose & Associates will be talking about "Perils of Professional Prediction"

Session 3:
Reliable Technologies

Chairs:

Sarah Saltzer

Leslie S. O'Connor


12:45 – 1:05: The Demonstration of a Reliable Technology for Estimating Oil and Gas Reserves - Rod Sidle (Sheridan)
1:05 – 1:25: Proving a Technology to be Reliable - Sarah Saltzer (Chevron)
1:25 – 1:45: Reliable Technology for Reserves Estimation in Offshore Horizontal Development Wells, UK North Sea Turbidite - Richard Smith (Maerskoil) 
1:45 - 2:30: Panel Discussion

2:30 – 2:45: Networking Break; Speakers Available for Discussion

Session 4:
SEC & PRMS Standards, Guidelines, Challenges, and Issues

Chairs:

Edith Allison

Margo Liss


2:45 – 3:15: SEC Vs PRMS - Dan Olds (RSC)
3:15 – 3:45: SEC Reserve Reporting Standards - John Hodgin (SEC)
3:45 – 4:15: What is Happening with United Nations and SPE-PRMS - John Vickers (Deloitte)
4:15 – 4:45: PRMS Futures Challenges and Updates - John Ritter (OXY)-John Etherington

Ethics Class 

4:45 – 5:45: Ethics "Buying and Selling Ethical Prospects" - Robert Pledger (IHS) Sandi Barber (IHS) 

Closure 

Forum Conclusion - Eleazar Benedetto-Padron (RSC)

Ice Breaker 

6:00-7:30 Happy Hour

27 February 2015

JCORET - Certified Evaluator Training Class

Norris Conference Center - CityCentre, Houston, TX
Norris Conference Center - CityCentre, Houston, TX
816 Town & Country Lane, Suite 210
Houston Texas 77024
United States
(713) 590-0950
No housing blocks have been reserved for this two-day event.

No refunds for cancellations after 29 January, 2015.

Includes workshop admission, program booklet (schedule, abstracts, presenter bios), workshop participant contact list, icebreaker cocktail reception, 1 lunch, 2 coffee breaks, 1 continental breakfast, sanitized PDFs of talks (with company permissions).

 

John Seidle MHA Petroleum Constulants LLC
Leslie S. O'Connor MHA Petroleum Consultants LLC
Ron Harrell Ryder Scott
Margo J. Liss DeGolyer and MacNaughton
Amy Amy Mahan Event Coordinator +1 918 560-9431
Norma Norma Briggs Manager, Office of Divisions +1 918 560 2613
Vicky Vicky Kroh Registrar, Education Department +1 918 560 2650 +1 918 560 2678
Susan Susan Nash, Ph.D. Director of Education and Professional Development +1 918 560 2604

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The American Association of Petroleum Geologists (AAPG) does not endorse or recommend any products and services that may be cited, used or discussed in AAPG publications or in presentations at events associated with AAPG.