The 3 Essential Members of a Reservoir Engineering Team
The main role of a reservoir engineer is to develop a reserve report which gives an estimate of the remaining quantities of reserves expected to be recovered from an existing oil and gas property. There are many components that a reserve engineer and his team must consider when projecting the potential production of a well. These include, but are not limited to, historical production, rock properties, and all costs involved. Listed below are the three essential members of a reservoir engineering team with a short synopsis of what they do and how they interact.
1. Engineer – Engineers focus on aspects related to drilling, completion, and production. A reservoir engineer’s primary concern is to look at recoverable hydrocarbons and figure out how to get them out of the ground for a profit. By looking at the previous production of a well, the engineer can forecast its future production in order to evaluate the property’s economic worth.
2. Geoscientist – In order to forecast the production of a well, it is important to understand the geologic properties and production methodology of the area being assessed. The geologist will look at a reservoir’s characteristics, such as size and the porosity and permeability of the rock. They make depositional and tectonic considerations that delineate reservoir configurations. This role assists the engineer by giving their geological evaluation and interpretation of the area under study.
3. Engineering Technician/Analyst –The technician’s primary role is to support the engineer. Technicians use reserve and economics software to calculate how much oil or gas comes out of a well and what the reserves are worth. An engineering analyst considers pricing, expenses, and the historical production of a well before running the database to calculate the total value.