Wednesday, January 13, 2021

Volumetric Reserves: 2021 #14

A true vertical depth well log (all depths ss) shows a structure top at 7,980 ft and an OWC about 8,140 ft. The log also shows three porosity intervals 35 ft, 30 ft, and 30 ft thick, with porosity interval tops at 8,020 ft, 8,070 ft, and 8,100 ft, each separated by shale breaks. A true statement regarding calculating volumetric reserves in the above situation is (select any that apply):

This type of problem tests your knowledge of P2 and P3 reserves, logging data, and general oilfield knowledge. In the end, there is no shortcut to understanding the basics of logging data. So if it's not something you work with often, get familar with the applicable SPE Handbook and SPE Textbook material. The Guidebook has a good summary as well.

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