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Petroleum Reserves
Learn about the types of reservoir reserves and discover methods to calculate current reservoir flow and to estimate future reservesPreview the first lesson free — get full access to all 4 lessons.
Essential Provider : KnowledgeCity 4 Lessons · 9m in Arabic, English
Course Description
There are innumerable components and processes involved in petroleum reservoir engineering. Some of the most important of these is understanding the type of reservoir you have and the potential products you can recover from it. It’s not enough, though, to be aware of the current situation of the reservoir; a successful, effective engineer will also be able to predict future flow and reserves.
In this course on Petroleum Reserves, we’ll explore the types of reserves and their classification categories that indicate economic and technical feasibility. We’ll also discuss the importance of shrinkage and formation volumes and how to calculate each, as well as explain the methods of estimating reservoir reserves. We’ll wrap up the lessons with instruction on one of the most important aspects of reservoir engineering, the recovery factor.
What You'll Learn
- Calculate the recovery factor and understand what it represents in reservoir engineering
- Identify the types of reserves and the classification categories that signal economic and technical feasibility
- Explain the role of shrinkage and formation volume on reserves and how to calculate each
- Estimate reservoir reserves using commonly accepted estimation methods
Key Takeaways
- Understanding the type of reservoir and the potential products that can be recovered from it is among the most important parts of petroleum reservoir engineering.
- An effective engineer must not only assess a reservoir's current situation but also predict its future flow and reserves.
- Reserves are organized into types and classification categories that indicate economic and technical feasibility.
- Shrinkage and formation volumes affect reserves and can be calculated as part of reserve analysis.
- The recovery factor is presented as one of the most important aspects of reservoir engineering.
Frequently Asked Questions
What does this Petroleum Reserves course cover?
The course explores the types of reserves and their classification categories that indicate economic and technical feasibility, the importance of shrinkage and formation volumes and how to calculate each, the methods of estimating reservoir reserves, and the recovery factor.
What will I learn about the recovery factor?
You will learn what the recovery factor is and how to calculate it, which the course describes as one of the most important aspects of reservoir engineering.
What topics are included in the lessons?
The lessons cover Recovery Factor, Shrinkage and Formation Volume, Estimating Reservoir Reserves, and Types of Reserves.
What skills does this course relate to?
The course relates to skills including Oil Fields, Petroleum Engineering, Petroleum Geology, the Petroleum Industry, and Petroleum Engineering Certification.
