This workshop provides practical knowledge of reserves evaluation, covering methods used to estimate, classify, and report oil and gas reserves. Participants will learn industry-standard practices for reliable assessments that support asset valuation, field development, and investment decisions.

Workshop Objectives

  • Understand the principles and classifications of oil and gas reserves.

  • Learn key methodologies for reserves estimation and reporting.

  • Apply evaluation techniques to support field development planning.

  • Strengthen decision-making through accurate reserves assessment.

  • About the Presenter

    The presenter is an industry professional in reserves evaluation, reservoir engineering, and resource management. Combining technical with practical industry knowledge, the presenter equips participants with tools to enhance the accuracy and reliability of reserves assessments.

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    Material Balance Modeling
    November 28, 2026 - November 29, 2026
    Material Balance Modeling

    Material balance is one of the most direct methods available to a reservoir engineer for estimating hydrocarbons in place, identifying the drive mechanism and forecasting reservoir performance. It requires far less data than a full numerical model, and when it is set up correctly it produces results that can be defended in technical reviews and reserve audits.This workshop covers the complete material balance workflow as it is applied on producing assets. It begins by placing the reservoir within the integrated production system, then moves through data preparation and quality control, tank model construction, drive mechanism identification, and the use of analytical and graphical diagnostic tools. Participants work through the classical diagnostic plots, including Dake and Campbell, and learn how to read what each plot indicates about depletion, gas cap expansion and water influx.The second part of the workshop addresses history matching using both analytical and graphical techniques, determination of STOIIP, aquifer identification and sizing, and running prediction cases to generate production forecasts and recovery estimates. Results are compared against volumetric and simulation-based estimates so that participants understand where material balance is reliable and where a numerical model becomes necessary.The workshop is delivered at an advanced level and is intended for engineers who already work with production and pressure data and want a structured, repeatable method for in-place volumes, drive mechanism evaluation and performance prediction.