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Reserve Calculations

The AWT International team has a very good understanding of the resource categories under the SPE PRMS and the ‘growth’ of 1P and 2P reserve in unconventional reservoirs as exploration and appraisal drilling/testing progress.

The team provides a complete due diligence and reserve/resource analysis service.

AWT International has a comprehensive strategy for assessing the potential reserve of assets, using state-of-the-art industry software (Kingdom - (seismic), EarthPaK and Petra (well logs/cross-sections), Petrosys (Mapping)).

AWT International engineers use comprehensive Production and Reservoir Engineering software like the FAST CBM, Eclipse and other simulators to generate the gas production forecast from conventional and CSG projects.

Also, AWT International has a comprehensive strategy for assessing technical risk (or chance of success (COS)). The company employs a software package by Logicom – Reserves Estimation Program (REP), which is a Monte-Carlo simulator used widely in the oil and gas industry.