What is a Reserve Report?

In our 2020 Vision series on reserve evaluations, we’ve talked about production quality, porosity, and saturation. Oil & Gas Reserve Reports have become standard nomenclature for hiring a 3rd party Reservoir Engineer. Many times, we get a request to “do a...

Garbage In – Garbage Out

To kick off our 2020 Reserves 101 series, this post will address the subject of well data.    By well data, we mean production volumes (oil, gas, water) along with header information (completion data, formation, operator, etc).  There are two types of production...