This is written theory. No calculations are included. The material has been written in my own words and for the purpose of improving my knowledge of exam based topics in the Master of Science in Petroleum Engineering semester one course – Reservoir Engineering 1 at Heriot Watt University.
Reserves Definition: It is important to get this definition correct close to word-by-word. Reserves are those quantities of materials that are anticipated to be
economically commercially recoverable from known accumulates from a specific date forward. (more…)