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Services
Disciplines and Capabilities Our staff are intimately familiar with the recognized industry reserve and resource definitions, specifically those set forth by (1) U.S. Securities and Exchange Commission Regulation S-X Rule 4-10(a), (2) the 2007 Petroleum Resources Management System approved by the Society of Petroleum Engineers, and (3) the Society of Petroleum Evaluation Engineers (Calgary Chapter) and Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society). We employ deterministic methods to estimate reserves for most evaluations and also utilize stochastic methods to determine probabilistic estimates of reserves for many exploration studies, early field development projects, and large field developments.
Our staff has extensive experience with complex structural and stratigraphic fields throughout the world, including many with unconventional reservoirs such as fractured basement, tight gas, and coalbed methane. Geological and geophysical maps are fully integrated with production and engineering data to ensure reliable estimates of reserve potential. NSAI has performed field characterization and reserve assessments that range from exploration areas and early appraisal drilling to fully developed fields. Our experience covers most producing basins in the world and a wide range of sedimentary depositional environments including continental, fluvial, deltaic, marine, and deepwater. Well log correlation with integrated petrophysical, production, and seismic data is integral to all our reservoir studies.
Our petrophysicists have performed petrophysical evaluations for wells located in most of the major petroleum provinces in the world. We have experience in the evaluation of a wide range of complex lithology in clastic and carbonate reservoirs, and have performed fractured reservoir analyses in clastic, carbonate, shale, and basement environments. Evaluations include full integration of all available well log, core, geological, and well performance data. NSAI can assist with the development of efficient well log and core analysis programs to meet the necessary formation evaluation requirements for the least cost.
NSAI is experienced in a full range of reservoir engineering services including reserve determinations, reservoir simulation, material balance, production analysis, well test analysis, wellbore inflow/outflow modeling, probabilistic modeling, fluid analysis, and economic evaluations. We also have engineers on staff who specialize in field operations, facilities planning and design, and drilling. We can assist with strategic programs to maximize net revenues, monitor development programs, recommend programs to reduce operating and development costs, and provide onsite facilities inspections.
Along with our detailed technical evaluations, we apply our skill and judgment to the economic analysis to deliver reports that are rooted in sound methodology and data. We deliver a full and fair inventory of reserves and cash flow. Our in-house proprietary economics system and industry-standard software are used to estimate future producing rates, future net revenue, and the present value of such future net revenue in accordance with industry standards and other applicable regulatory provisions. We can independently evaluate pricing, expenses, capital, and the reasonableness of future development plans.
Our professional staff employs a suite of proprietary and commercial software packages providing state-of-the-art tools for technical analysis and presentation. The primary software packages utilized by NSAI are: Landmark's geologic and geophysical software including OpenWorks (Oracle database), SeisWorks (2-D and 3-D seismic interpretation), PetroWorks (petrophysical analysis), Z-MAP Plus (mapping), and StratWorks (well correlation); Petrel (geologic modeling and integration with reservoir simulation); ECLIPSE (black oil and compositional reservoir simulation); SMT's 2d/3dPAK (seismic interpretation) and EarthPAK (geologic interpretation); PETRA and GeoGraphix (integrated software for cross-sections, mapping, and data management); GAP (full-field gas and oil deliverability modeling); MBal (reservoir material balance modeling); Prosper (wellbore inflow/outflow modeling); PVTP (fluid property analysis and simulation); and ECO/Presto (proprietary reserve and economic forecast modeling). Import and export capabilities between our systems and those of our clients can be provided. |
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| ©Copyright 2008. Netherland, Sewell & Associates, Inc. Questions or comments? Contact us at info@nsai-petro.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Netherland, Sewell & Associates, Inc. (NSAI) provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.
