+

Our Solutions

Over 45 years of successful international experience in E&P.

Beicip-Franlab provides solutions covering conventional and non-conventional exploration, reservoir characterization, enhanced oil recovery reservoir management, field development, production optimization, process and economics.

Home
 

Share

.
.
.
.

Search form

  • About us
    • Our company
    • Our Values and Mission
    • Our international presence
    • Governance
  • Our Solutions
    • Exploration
      • Regional evaluation
      • Offshore / Deep offshore
      • Compressive basins
      • Mature basins
      • Non conventional
      • Our methodology and proprietary technology portfolio
        • Seismic Reservoir Characterization
        • Basin modeling and Petroleum System Analysis
        • Stratigraphic modeling
      • Promotion studies, Advice to Ministries and Agencies
    • Field Development
      • Integrated field studies
      • Master Development Plan
      • Enhanced Oil Recovery
        • Prefeasibility studies
        • Integrated EOR feasibility studies up to pilot design
        • Pilot implementation and monitoring
      • From seismic attributes to rock properties
      • Carbonate fields
      • Fractured fields
      • Giant fields
    • Reserves evaluation, certification, unitization
    • Energy transition and Carbon Management
    • E&P Economics and Contracts
    • Downstream process
    • Unconventional Resources
  • consulting
    • Our offer
    • Our methodology
    • Our references
  • Software
    • Our Solutions
      • DionisosFlow
      • CougarFlow
      • EasyTrace
      • FracaFlow
      • InterWell
      • KronosFlow
      • PumaFlow
      • TemisFlow
      • Carbone
    • Latest Release
      • OpenFlow Suite 2022
      • EasyTrace 2021
      • InterWell 2021
      • Download software
    • Our services
      • Support
      • Training
      • Technical assistance
      • Custom Software Development
      • Cloud
    • Our Academic Program
  • Media Center
    • Events
      • Archives
    • News
    • Publications
    • Download
  • Careers
    • Working for Beicip-Franlab
    • Job Opportunities
    • Unsolicited applications
  • Contact us

You are here

  1. Home
  2. Our Solutions
  3. Reserves evaluation, certification, unitization
Share
Send
Print
Our Solutions

Reserves evaluation, certification, unitization

Beicip-Franlab provides consultancy and advisory services in Reserves Evaluation, Certification, Unitization and various Expert Opinions at each stage of the E&P process (exploration, appraisal, development, production) and for diversified assets portfolios (new, mature or redeveloped fields, prospects, plays & leads).

Our clients include international oil companies, national oil companies, governments, financial institutions and banks.

From Exploration to Production – Assets Evaluation / Expert Opinion – Know-how, Experience, Services

Beicip-Franlab offers assistance with the following activities:

  • Assistance and participation in data room

  • Assistance for farm-in, farm-out

  • Assistance for reserves & resources evaluation and valuation
    (after fiscal modeling & economic simulation)

  • Resources & reserves audit – certification

  • Expert opinion:

    • Unitization and/or arbitration

    • Competent person

    • Due diligence

  • Assistance during negotiations (for instance partners or banks)

  • Assistance to optimize the asset portfolio

  • Organization of workshops in Beicip-Franlab offices at the end of studies

Guidelines and classifications used

Our work can be performed following several guidelines and classifications such as:

  • Worldwide: Petroleum Resources Management System (PRMS)

  • United Kingdom: FSA Handbook, AIM Rules

  • U.S.A: Stock Exchange Committee (SEC)/ Code of Federal Regulations

  • Canada: Canadian Oil and Gas Evaluation Handbook (COGEH)

  • Norway: Guidelines to Classification of the Petroleum Resources on the Norwegian Continental shelf

  • Russia: Russian Classification

Typical Work proposed

  • Evaluate OOIP/OGIP

  • Assess plays, leads & prospects and associated risks

  • Estimate exploration success probabilities

  • Prospective contingent resources and reserves evaluation / valuation

  • Prospects ranking

  • Deterministic or stochastic approach

  • Decision tree analysis

  • Review and analyze the conceptual/preliminary/approved development plan

  • Analogy / statistical, volumetric & performance analysis
    (DCA, material balance, numerical simulation) for recovery factor

  • Field analysis: new field / mature field / redeveloped field (e.g. EOR screening & evaluation methods)

  • Capex / Opex estimation

  • Economic evaluation (fiscal & contract modeling)

Some selected references

  • Country:    Colombia

  • Client:     Mid-size company

  • Service:    Reserve evaluation & valuation

  • Assets:     Producing fields (10 fields)

  • Output:     Successful acquisition on Beicip-Franlab recommendations

  • Country:    Algeria

  • Client:     Gulf investor

  • Service:    Resource evaluation & reserve valuation

  • Assets:     Producing fields & prospects

  • Output:     Not acquired

  • Country:    Yemen

  • Client:     Mid-size company

  • Service:    Resource evaluation & reserve valuation

  • Assets:     Producing field

  • Output:     Block farm-in

  • Country:    Cameroon

  • Client:     Mid-size company + International Bank

  • Service:    Assistance in the economic evaluation

  • Assets:     Producing fields

  • Output:     Not acquired

  • Country:    Gabon

  • Client:     INDIAN oil company

  • Service:    Resource evaluation

  • Assets:     Prospects ranking

  • Output:     Drilling decision

​

Previous Pause Next
Guidelines & Rules for Reserves and Resources evaluation or certification

+

Guidelines & Rules for Reserves and Resources evaluation or certification

+

  • Exploration
  • Field Development
  • Reserves evaluation, certification, unitization
  • Energy transition and Carbon Management
  • E&P Economics and Contracts
  • Downstream process
  • Unconventional Resources

Careers

Internship in Python Programming applied to Reservoir Engineering
RP-2022-03
Specialist in geoscience software
2023-Geoscience-Software
Senior Petrophysicist
2023-Geoscience-Petro

More Informations

  • Site map
  • Legal notice
  • Contact us