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  • 06 2011 RSC Conference Intro To SPE Monograph 3 Definition of A Resource Play Hall 11

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    Woodoo Oodoow
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    Resource plays must exhibit a repeatable statistical distribution of estimated ultimate recoveries (EURs) across multiple wells to be considered Tier 1. The performance of offset wells is not a reliable indicator of how probable undeveloped (PUD) locations will perform in a resource play. Resource plays require consistent performance across a field to be the most profitable.

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    06 2011 RSC Conference Intro to SPE Monograph 3 Definition of a Resource Play Hall 11

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    Resource plays must exhibit a repeatable statistical distribution of estimated ultimate recoveries (EURs) across multiple wells to be considered Tier 1. The performance of offset wells is not a reliable indicator of how probable undeveloped (PUD) locations will perform in a resource play. Resource plays require consistent performance across a field to be the most profitable.

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    © All Rights Reserved
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    8 views1 page

    06 2011 RSC Conference Intro To SPE Monograph 3 Definition of A Resource Play Hall 11

    Uploaded by

    Woodoo Oodoow
    Resource plays must exhibit a repeatable statistical distribution of estimated ultimate recoveries (EURs) across multiple wells to be considered Tier 1. The performance of offset wells is not a reliable indicator of how probable undeveloped (PUD) locations will perform in a resource play. Resource plays require consistent performance across a field to be the most profitable.

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    © All Rights Reserved
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    of 1

    Resource Play - Tier 1 Criteria

    Exhibits a REPEATABLE Statistical


    Distribution of EURs
    Offset Well Performance is Not a Reliable
    INDICATOR of PUD Performance

    10

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