MSc, CPEng | Oil & Gas Res. Eng. Consultant | Founder of CrowdField - The Resource Hub for the Reservoir Engineering Crowd.
Corporate training video teaches how to respond to shareholders when they ask why there was a reserves downgrade.
Alan Mourgues’ Post
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MSc, CPEng | Oil & Gas Res. Eng. Consultant | Founder of CrowdField - The Resource Hub for the Reservoir Engineering Crowd.
Good Decisions vs. Good Outcomes. A good outcome —or result— is 'a future state of the world that we prize relative to other possibilities.' A good decision is 'an action we take that is logically consistent with our objectives, the alternatives we perceive, the information we have, and the preferences we feel.' In an uncertain world, good decisions can lead to bad outcomes and vice versa. Making Good Decisions, R. B. Bratvold
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MSc, CPEng | Oil & Gas Res. Eng. Consultant | Founder of CrowdField - The Resource Hub for the Reservoir Engineering Crowd.
Two of the best papers I have ever come across in my career are: - "Gas Condensate PVT - What's really important and why", by Curtis Hays Whitson, Øivind Fevang, and Yang - "Guidelines for choosing compositional and black-oil models for volatile oil and gas condensate reservoirs", by Øivind Fevang, Singh, and Curtis Hays Whitson With a crystal-clear, pragmatic focus, these papers do away with the fluff and discern the noise from the signal. Absolute must-reads!
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MSc, CPEng | Oil & Gas Res. Eng. Consultant | Founder of CrowdField - The Resource Hub for the Reservoir Engineering Crowd.
Excel DCA Tool - Full Version Public Release Watch tutorial here: https://lnkd.in/gyBJ5etc
Senior Reservoir Engineer at Baker Hughes D18 Alliance
1moAlso how to respond to higher management when they ask about history matching project timeline 😀