Post on 21-Feb-2018
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HYDROCARBON RESOURCESAND RESERVES
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Hydrocarbon Resources
RESOURCES < RESERVES (certainty)o ContingentResources (subject to chance)o ProspectiveResources (expecting to be the specified thing in
the future)
resource nu!ber !ay be assigned to an undrilledprospect or an unappraiseddisco"ery#
Resource gets appro"ed
$e%ineating &e%% Seis!ic sur"ey
'eads to project sanction if commerciall via!lea!ounts of hydrocarbon reser"oir is found#
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hy do &e exp%ore
*ea+ po&er shortage a%ready stands at approx# "#$
O"er %&& million of the country,s popu%ation areyet to recei"e their first e%ectricity connection#
$e!and expected to rise by '()$ annuall-ndian Energy .ix/
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$e!and for Hydrocarbon other than coa%
$i!inishing econo!ic co!petiti"eness of coa% $o!estic coa% production stagnant# -!ported coa% 0123455 per tonne# $o!estic coa% 042362 per tonne#
O"era%% cost effecti"eness d"ance!ent in techno%ogy !a+es coa% obso%ete#
-ndustria% app%ication
78 is in de!and fro! industries %i+e petroche!ica% toferti%i9er
'o& en"iron!enta% i!pact
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ssessing options for procure!ent
-ndia,s do!estic sha%e gas potentia%
8as in p%ace
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Resources to Reser"e
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Sha%e resources
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Hydrocarbon reser"es
or%d&ide / "o%u!es that &i%% be co!!ercia%%y reco"ered in thefuture
7ationa%/o *ro"ed :reasonab%e certainty: of being reco"ered#o
*robab%eo *ossib%e
Reser"es !ust satisfy four criteria/
(a)$isco"ered; (b) Reco"erab%e;
(c)Co!!ercia%; and
(d)Re!aining#
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*
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+
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P R O V E D R E S E R V E S A R E , H E H - . H E S , V A / U E D
C A , E . O R Y 0 P R O V E D R E S E R V E S H A V E A1 R E A S O N A B / E C E R , A - N , Y 1 O 2 B E - N . R E C O V E R E D 34 H - C H 5 E A N S A H - . H D E . R E E O 2 C O N 2 - D E N C E, H A , , H E V O / U 5 E S 4 - / / B E R E C O V E R E D 0
S O 5 E - N D U S , R Y S P E C - A / - S , S R E 2 E R , O , H - S A SP 6 & 3 - 0 E 0 3 H A V - N . A 6 & $ C E R , A - N , Y O 2 B E - N .P R O D U C E D 0
, H E S E R E S E R V E S A R E , H O S E 7 U A N , - , - E S O 2 O - /A N D . A S 3 4 H - C H 3 B Y A N A / Y S - S O 2 . E O S C - E N C EA N D E N . - N E E R - N . D A , A 3 C A N B E E S , - 5 A , E D 4 - , HR E A S O N A B / E C E R , A - N , Y , O B E E C O N O 5 - C A / / YP R O D U C - B / E 0
PROVED RESERVES
https://en.wikipedia.org/wiki/Proved_reserveshttps://en.wikipedia.org/wiki/Proved_reserveshttps://en.wikipedia.org/wiki/Proved_reserves7/24/2019 Hydrocarbon Resources and Reserves
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"&
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*ro"ed Reser"es can be subdi"ided into DEVELOPED
UNDEVELOPED.
(a)DEVELOPED/ $e"e%oped reser"es are expected to bereco"ered fro! existing &e%%s inc%uding reser"es behind pipe#
-!pro"ed reco"ery reser"es are considered de"e%oped on%y after thenecessary e=uip!ent has been insta%%ed; or &hen the costs to do so arere%ati"e%y !inor#
$e"e%oped reser"es !ay be sub3categori9ed as PRODUCING orNON-PRODUCING.
PRODUCING:Reser"es subcategori9ed as producing are expectedto be reco"ered fro! co!p%etion inter"a%s &hich are open andproducing at the ti!e of the esti!ate# -!pro"ed reco"ery reser"es are
considered producing on%y after the i!pro"ed reco"ery project is inoperation#
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NON-PRODUCING8 Reser"es inc%ude shut3in and behind3pipe reser"es# Shut3in reser"es are expected to be reco"eredfro!
(4) Co!p%etion inter"a%s &hich are open at the ti!e of theesti!ate but &hich ha"e not started producing;
(>) e%%s &hich &ere shut3in for !ar+et conditions or pipe%ineconnections;
(6) e%%s not capab%e of production for !echanica% reasons#
UNDEVELOPED: Unde"e%oped reser"es are expected to bereco"ered/(>) fro! ne& &e%%s on undri%%ed acreage;
(>)fro! deepening existing &e%%s to a different reser"oir;(6)&here a re%ati"e%y %arge expenditure is re=uired to reco!p%etean existing &e%%#
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P R O B A B / E R E S E R V E S A R E V O / U 5 E S D E 2 - N E D A S 1 / E S S
/ - 9 E / Y , O B E R E C O V E R E D , H A N P R O V E D 3 B U , 5 O R EC E R , A - N , O B E R E C O V E R E D , H A N P O S S - B / E R E S E R V E S 1 0S O 5 E - N D U S , R Y S P E C - A / - S , S R E 2 E R , O , H - S A S P * & 3- 0 E 0 3 H A V - N . A * & $ C E R , A - N , Y O 2 B E - N . P R O D U C E D 0
2 O R E : A 5 P / E - 2 A N O - / C O 5 P A N Y B E / - E V E S , H A ,, H E R E - S D E S C E N , C H A N C E O 2 A S U C C E S S 2 U / D R - / / - N .O P E R A , - O N 3 , H E Y 4 O U / D C / A S S - 2 Y , H O S E R E S E R V E S
A S 1 P R O B A B / E 0 1
P R O B A B / E R E S E R V E S V A R Y 2 R O 5 P O S S - B / E R E S E R V E S 34 H - C H O N / Y H A V E A " & $ C H A N C E O 2 2 U / /E : , R A C , - O N 0
PROBABLE RESERVES
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Reser"es in an area of the for!ation that appears to beseparated fro! the pro"ed area by fau%ting and the geo%ogicinterpretation indicates the subject area is structura%%y higher
than the pro"ed area#
Reser"es attributab%e to a future &or+ o"er; treat!ent; re3treat!ent; change of e=uip!ent; or other !echanica%procedures; &here such procedure has not been pro"edsuccessfu% in &e%%s &hich exhibit si!i%ar beha"ior in ana%ogous
reser"oirs#
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P O S S - B / E R E S E R V E S A R E R E S E R V E S 4 H - C H A N A / Y S - S O 2
. E O / O . - C A / A N D E N . - N E E R - N . D A , A S U . . E S , S A R E/ E S S / - 9 E / Y , O B E R E C O V E R A B / E , H A N P R O B A B / ER E S E R V E S 0 S O 5 E - N D U S , R Y S P E C - A / - S , S R E 2 E R , O , H - S
A S P " & 3 - 0 E 0 3 H A V - N . A " & $ C E R , A - N , Y O 2 B E - N .P R O D U C E D 0
R E S E R V E S - N 2 O R 5 A , - O N S , H A , A P P E A R , O B EP E , R O / E U 5 B E A R - N . B A S E D O N / O . A N D C O R E A N A / Y S - S
B U , 5 A Y N O , B E P R O D U C , - V E A , C O 5 5 E R C - A / R A , E S 0
, H E , E R 5 " P - S 2 R E 7 U E N , / Y U S E D , O D E N O , E P R O V E DR E S E R V E S ; # P - S , H E S U 5 O 2 P R O V E D A N D P R O B A B / ER E S E R V E S ; A N D % P , H E S U 5 O 2 P R O V E D 3 P R O B A B / E 3 A N DP O S S - B / E R E S E R V E S 0
POSSIBLE RESERVES
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Reasons for c%assifying reser"es as possib%e inc%ude
"arying interpretations of geo%ogy; reser"ed notproducib%e at co!!ercia% rates; uncertainty due toreser"e infi%%(seepage fro! adjacent areas)andprojected reser"es based on future reco"ery !ethods##
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THANK YOU