Services | Dynamic Reservoir

Unconventional Reservoir Data Analytics

Dynamic Reservoir Engineering Analytics Consulting specializes in the advanced data analysis and interpretation services, helping clients navigate the complex world of the reservoir management. Clients get help in maximizing their production, optimizing horizontal drilling in the unconventional assets, identifying value creation opportunities, improving efficiency, minimizing their costs through the innovative solutions and cutting-edge technology, and ultimately making informed decisions faster and more effectively. The workflows and procedures in place predict the statistical, quantitative, and visual models while interpreting the geological targets of various quality and complexity. The latest technology and software are used to deliver accurate and reliable results to clients. The final presentations summarize and present the key engineering assumptions, data interpretation approaches, technical findings and implications, potential risks, conclusions and recommendations of the forward plans and scenarios.

Reserves Evaluations

Evaluating an asset or investing in an opportunity starts with a reliable reserve report and responsibility to professionally access the hydrocarbon volumes. The reserves evaluation is a process of forecasting the estimated petroleum volumes, often called future production profiles, anticipated to be commercially, economically, and technically recoverable from the producing and planned wells in known oil and gas accumulations. The oil and gas reserves are classified as proved, probable, and possible. The proved has the highest certainty level that an estimate of ultimate recovery will be reached or exceeded. The probable and possible have relatively lower confidence levels, respectively. The corporate reserve reports are evaluated in accordance with U.S. Securities and Exchange Commission (SEC), Society of Petroleum Engineers Petroleum Resources Management System (SPE-PRMS), and Canadian National Instruments 51-101 Standards reserve guidelines. Past projects include due diligence process associated with initial public offering (IPO) filings, property acquisitions and divestments, financial lending qualifications, bank reports, and court testimonies.

Integrated Reservoir Studies

Clients can rely on the integrated work with geological, geophysical, and engineering concepts and principles to achieve solutions to both routine and complex reservoir problems such as improving well productivity, increasing reservoir recovery, optimizing field development plan, extending field production rate plateau, and maximizing present value of the oil and gas assets. The traditional reservoir evolution determination applications include the decline and type curve analysis, volumetric approach, material balance, PVT data analysis (fluid composition and characterization), core data evaluation (relative permeability curves, capillary pressures), frontal advance theory calculation (fractional flow curves), well test analysis, and rate and pressure transient analysis. Past projects include the field depletion forecasting, infill vertical or horizontal development drilling, identification of workover and behind pipe opportunities, implementation of artificial lift and compression using Nodal modeling, multiple field gas deliverability studies, pattern water-flood and EOR evaluation, dynamic reservoir modeling (Eclipse, CMG), project feasibility studies, and exploration evaluations. Evaluations have been accepted and withstood the technical challenges of clients, buyers/sellers, outside third-party consultants, worldwide financial institutions, and SEC engineers.