Publisher's Synopsis
The estimation, classification and reporting of oil and gas reserves and related substances has always been a vital part of the oil and gas industry. In spite of a need for consistent methods of reserve determination and terminology, no standardized definitions have really existed.;Through the contributions of over 40 authors, several co-ordinators and numerous reviewers, this book is compiled to address the need for guidelines for the determination and classification of oil and gas reserves. The monograph covers all aspects of reserve determination, reviewing methodologies associated with calculating hydrocarbons in place, recovery factors and production forecasting. The book also provides a focus on other influencing factors, such as economics, markets, regulations and risk.;The authors contributing to this publication represent all segments of the industry, including government and regulatory agencies, financial institutions, oil and gas producers, service companies and consulting firms. The book was originally published in 1994 by the Petroleum Society of the Canadian Institute of Mining and Metallurgical Engineers.
