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UNITED STATES DEPARTMENT OF THE INTERIOR GEOLOGICAL SURVEYAssessment of undiscovered conventionally recoverable petroleum resources in Tertiary sedimentary basins of Malaysia and Brunei by Keith Robinson
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How to fill out assessment of undiscovered conventionally
01
To fill out the assessment of undiscovered conventionally, follow these steps:
02
Start by gathering all the relevant data and information related to the area under consideration. This may include geological maps, well data, seismic surveys, and any other relevant documents.
03
Familiarize yourself with the guidelines and methodologies used for assessing undiscovered conventional resources. These guidelines may vary depending on the regulatory framework and industry standards in your jurisdiction.
04
Identify the geological and geophysical parameters that are essential for the assessment. This may involve analyzing the reservoir properties, formation characteristics, and available geological models.
05
Use appropriate software or tools to perform the resource assessment. These tools may include statistical models, numerical simulations, or other applicable techniques.
06
Apply the selected assessment methodology to estimate the potential volume of undiscovered conventional resources. This may involve classifying the resources into different categories based on the level of confidence and geological certainty.
07
Document and record all the assumptions, inputs, and calculations used in the assessment process. This is crucial for transparency and reproducibility.
08
Review and validate the assessment results by comparing them with historical production data, well tests, or other available data sources.
09
Prepare a comprehensive report summarizing the assessment methodology, results, uncertainties, and any other relevant information. Ensure that the report adheres to the reporting standards and guidelines applicable in your jurisdiction.
10
Share the assessment report with relevant stakeholders, such as regulatory authorities, investors, or project partners, as required.
11
Periodically review and update the assessment as new data or information becomes available, or when significant changes occur in the area under consideration.
Who needs assessment of undiscovered conventionally?
01
Assessment of undiscovered conventionally is needed by various stakeholders involved in the oil and gas industry. These include:
02
- Exploration and production companies: They require assessments to identify and evaluate new exploration opportunities and determine the potential for future reserves.
03
- Government agencies and regulatory bodies: They use the assessments to manage and allocate natural resources, formulate policies, and monitor compliance with regulations.
04
- Investors and financial institutions: They rely on assessments to assess the economic viability and attractiveness of investment opportunities in the oil and gas sector.
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- Research institutions and academic organizations: They use assessments to study and analyze the geological potential of different regions and contribute to scientific knowledge and understanding.
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- Energy consultants and analysts: They utilize assessments to provide insights and recommendations to clients in the energy sector, such as market forecasts, risk assessments, and investment strategies.
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What is assessment of undiscovered conventionally?
Assessment of undiscovered conventionally refers to the estimation of potential oil and gas resources that have not yet been found using conventional exploration methods.
Who is required to file assessment of undiscovered conventionally?
Oil and gas companies and exploration firms are required to file assessment of undiscovered conventionally.
How to fill out assessment of undiscovered conventionally?
Assessment of undiscovered conventionally is typically filled out using geological data, seismic surveys, and expert evaluations.
What is the purpose of assessment of undiscovered conventionally?
The purpose of assessment of undiscovered conventionally is to provide an estimate of potential oil and gas reserves in a particular region.
What information must be reported on assessment of undiscovered conventionally?
Information such as geological data, seismic analysis, estimated reserves, and exploration methods must be reported on assessment of undiscovered conventionally.
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