Geology topics

M.K. Verma

Publications and source records attributed to M.K. Verma.

5 recordsLinked to original sources

USGS2005

A new reserve growth model for United States oil and gas fields

Reserve (or field) growth, which is an appreciation of total ultimate reserves through time, is a well-recognized phenomenon, particularly in mature petroleum provinces. The importance of forecasting reserve growth accurately in a mature petroleum province made it necessary to develop improved growth functions, and a critical review of the original Arrington method was undertaken. During a five-year (1992-1996), the original Arrington method gave 1.03% higher than the actual oil reserve growth, whereas the proposed modified method gave a value within 0.3% of the actual growth, and therefore it was accepted for the development for reserve growth models. During a five-year (1992-1996), the USGS 1995 National Assessment gave 39.3% higher oil and 33.6% lower gas than the actual growths, whereas the new model based on Modified Arrington method gave 11.9% higher oil and 29.8% lower gas than the actual growths. The new models forecast predict reserve growths of 4.2 billion barrels of oil (2.7%) and 30.2 trillion cubic feet of gas (5.4%) for the conterminous U.S. for the next five years (1997-2001). ?? 2005 International Association for Mathematical Geology.

Natural Resources Research↗

USGS2005

Role of reservoir engineering in the assessment of undiscovered oil and gas resources in the National Petroleum Reserve, Alaska

The geology and reservoir-engineering data were integrated in the 2002 U.S. Geological Survey assessment of the National Petroleum Reserve in Alaska (NPRA). VVhereas geology defined the analog pools and fields and provided the basic information on sizes and numbers of hypothesized petroleum accumulations, reservoir engineering helped develop necessary equations and correlations, which allowed the determination of reservoir parameters for better quantification of in-place petroleum volumes and recoverable reserves. Seismic- and sequence-stratigraphic study of the NPRA resulted in identification of 24 plays. Depth ranges in these 24 plays, however, were typically greater than depth ranges of analog plays for which there were available data, necessitating the need for establishing correlations. The basic parameters required were pressure, temperature, oil and gas formation volume factors, liquid/gas ratios for the associated and nonassociated gas, and recovery factors. Finally, the re sults of U.S. Geological Survey deposit simulation were used in carrying out an economic evaluation, which has been separately published. Copyright ?? 2005. The American Association of Petroleum Geologists. All rights reserved.

American Association of Petroleum Geologists Bulle↗

USGS2004

Petroleum reserves and undiscovered resources in the total petroleum systems of Iraq: Reserve growth and production implications

Iraq is one of the world's most petroleum-rich countries and, in the future, it could become one of the main producers. Iraq's petroleum resources are estimated to be 184 billion barrels, which include oil and natural gas reserves, and undiscovered resources. With its proved (or remaining) reserves of 113 billion barrels of oil (BBO) as of January 2003, Iraq ranks second to Saudi Arabia with 259 BBO in the Middle East. Iraq's proved reserves of 110 trillion cubic feet of gas (TCFG) rank tenth in the world. In addition to known reserves, the combined undiscovered hydrocarbon potential for the three Total Petroleum Systems (Paleozoic, Jurassic, and Cretaceous/Tertiary) in Iraq is estimated to range from 14 to 84 BBO (45 BBO at the mean), and 37 to 227 TCFG (120 TCFG at the mean). Additionally, of the 526 known prospective structures, some 370 remain undrilled. Petroleum migration models and associated geological and geochemical studies were used to constrain the undiscovered resource estimates of Iraq. Based on a criterion of recoverable reserves of between 1 and 5 BBO for a giant field, and more than 5 BBO for a super-giant, Iraq has 6 super-giant and 11 giant fields, accounting for 88% of its recoverable reserves, which include proved reserves and cumulative production. Of the 28 producing fields, 22 have recovery factors that range from 15 to 42% with an overall average of less than 30%. The recovery factor can be increased with water injection, improved and enhanced oil recovery methods (IOR and EOR) in various reservoirs, thus potentially increasing Iraq's reserves by an additional 50 to 70 BBO. Reserve growth is a significant factor that has been observed, to some extent, in nearly all Iraqi oil fields. Historically, producing fields have shown an average growth of 1.6 fold (or 60%) in their recoverable reserves over a 20-year period (1981-2001). With periodic assessments of reservoirs, application of available technology, and an upgrading of facilities, increases in reserves are expected in the future.

GeoArabia↗

USGS2003

Modified Arrington method for calculating reserve growth; a new model for United States oil and gas fields

Reserve (or field) growth is an appreciation of total ultimate reserves through time and is observed throughout the productive lives of oil and gas fields in all petroleum provinces? but most especially in mature petroleum provinces (like many in the United States) when the rate of finding new discoveries reduces to a low level. The importance of forecasting reserve growth accurately in a mature petroleum province made it necessary to develop improved growth functions, and a critical review of the original Arrington method was undertaken. A modification of the pioneering Arrington (1960) method for estimating reserve growth suggests that, as a basis for optimum reserve growth functions, cumulative growth factor smoothing produces a better match with known volume data than does annual growth factor smoothing. Cumulative growth factor smoothing is thus the basis for the building of reserve growth functions in this study. Estimates of oil and gas growth during 1992?1996 based on the modified Arrington method are closer to the actual volumes than those based on the functions from 1995 National Assessment. The new growth functions predict an average annual reserve growth of 0.42 percent per year for oil and 0.90 percent per year for gas over a 30-year (1996?2026) period.

Bulletin↗

USGS2000

Oil and gas reserve growth-a model for the Volga-Ural Province, Russia

An understanding of reserve growth in known oil and gas fields has become a critical component of energy resource analysis. Significant statistical studies of reserve growth have been published in the U.S., whereas little information is available on other regions of the world. It may be expected that in many countries the magnitude of reserve growth is different from that in the U.S. because of differences in reporting systems and in exploration and production practices. This paper describes the results of a reserve growth study in a group of largest oil and gas fields of the Volga-Ural petroleum province, Russia. The dynamics of reserve growth in these fields shows rapid reserve additions during the first 5 years of field exploration and development, which results from intensive step-out and delineation drilling. Later reserve growth is slow and is related to improvements in recovery technologies and discoveries of new pools and extensions. These two stages of reserve growth are described by two different groups of empirical models. A comparison of these models with the models developed for the lower 48 states and Gulf Coast offshore of the U.S. demonstrates that the reserve growth in the Volga-Ural province is significantly lower than in the U.S. The proposed models may be used for assessment of future reserve additions in known fields of countries that presently have or recently had a centrally-planned economic system.

Conference Paper↗