The In Situ Reserves and Resources Fundamentals course serves as a detailed introduction to all aspects of evaluating an in situ asset; from Geology to Engineering to Economics. Students will take away a straightforward and robust method to evaluate and prepare a business case for an in situ acquisition and divestiture opportunity from the ground up. As a group, students will then have the opportunity to put this method to work and evaluate an example property.
· Engineers, Geologists or any Geoscientists interested in learning about in-situ reserves and resources evaluation (geological and engineering-specific concepts will be presented at a high level suitable for all).
· Those with a finance background interested in the technical work that goes into an in-situ evaluation.
· Anyone who works in-situ and wants to learn more about the reserves process or in-situ assets
12:00 pm – 12:30 pm Complimentary lunch
12:30 pm – 4:30 pm Proper reserves and resource classification; type well creation (including estimating recovery factors); steam oil ratios
(SOR) and production profiles; in-situ project economics; development plan and corresponding production and economic forecast exercise
CHOA Members: $399 CHOA Non Members: $499
*For employees in transition or students, please call Jill Sugars (403-269-1755 ex. 300) for adjusted pricing – all investment levels include complimentary coffee and lunch