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Oil and gas reserves and resource quantification

Oil and gas reserves and resource quantification refers to the process of estimating the quantities of hydrocarbons present in subsurface accumulations and assessing the portion that can be economically recovered. In the petroleum industry, a distinction is made between resources, which represent the total estimated volume of hydrocarbons in place, and…

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Estimation techniques

In placeSTOIIPGIIPRecovery factorExtraction
18 related topics

Quantification

Mineral resource estimationSubsurfaceUncertaintyAppraisalProduction
12 related topics

Reserves and resource reporting

AccumulationsHydrocarbon explorationOil & gas companyBalance sheetAsset value
7 related topics

Unconventional reservoirs

Tight oilOil shaleKerogen
3 related topics

Topics to explore

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Overview

Quantification

Reserves and resource reporting

Estimation techniques

Unconventional reservoirs

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Oil and gas reserves and resource quantification

Nodes56
Edges55
Triples0
Avg. degree1.96
Density0.035714
Components1

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Important terminology

reserves oil gas resource production volumes reservoir resources estimates accumulations data recoverable may used proven uncertainty subsurface companies volume economic

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc

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