Economic Evaluation (+2)
Economic Evaluation
- NPV/IRR Analysis: Project economics, sensitivity analysis
- Decline Curve Analysis: Arps equations, type curves
- Monte Carlo Simulation: Risk assessment, probabilistic forecasting
- Real Options Valuation: Investment timing, abandonment options
Technical Analysis
- Material Balance: Tank models, aquifer models, gas cap expansion
- Pressure Transient Analysis: Well test interpretation, skin factor
- Rate Transient Analysis: Production data analysis, EUR estimation
- Network Modeling: Integrated production system optimization
Software Tools
- Reservoir Simulation: Eclipse, CMG (IMEX/GEM/STARS), Petrel, tNavigator
- Production Engineering: PROSPER, GAP, PIPESIM, OLGA
- Python Domain Libraries: lasio (LAS files), welly (well logs), striplog (lithology)