Oil & Gas Glossary

Reserves estimation and analytics​

Confused by multitude of oil & gas data and analytics terms? Get easy-to-understand definitions in our glossary.

What is Reserves estimation and analytics?

the process of quantitatively assessing and analyzing the potential recoverable resources in subsurface reservoirs. It involves the application of various techniques, models, and data analysis methods to estimate the volume of hydrocarbons that can be economically extracted from a given reservoir.
 
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