Sentence examples for estimate reserves from inspiring English sources

In some modern reservoir simulators it is not necessary to use OIIP or RF at all to estimate reserves.

Empirical and analytical decline curve analysis models are used frequently to estimate reserves and to predict production in petroleum reservoirs.

The purpose of this study is to develop a stochastic method which analyzes production data to predict future performance and to estimate reserves probabilistically.

This work presents the results of a study to determine whether simple decline models can be used to forecast production and estimate reserves of both oil and gas in liquid rich shale (LRS) reservoirs with reasonable accuracy.

"It is clearly in the interest of energy companies to over estimate reserves and this is consistently a tactic they use to achieve government and public support," he said.

Australia and New Caledonia have the biggest estimate reserves (45% all together).

But the S.E.C. said that the companies, for reasons of trade secrecy, did not have to disclose precise details about the technology they used to estimate reserve sizes.

This method is an important tool to estimate reserve of oil and/or gas of a reservoir.

develop a model to estimate reserve and predict reservoir performance for multi-well reservoir system using production data analysis; demonstrate the applicability of the newly developed model by validating it with existing models and field data.

The field, which has estimated reserves of 9 billion barrels, now produces 261,000 barrels a day.

Last year's annual report disclosed the company had changed the way it estimates reserves.