Room Number: BHH - H125

Note: Meals are not guaranteed for individuals who register on the day of the event.

Abstract:

As auto-forecasting, data analytics, and high-performance computing are leveraged more and more for oil and gas evaluations, industry professionals are tasked less with the doing and more with the reviewing. Understanding the why behind the estimates has become increasingly important. Material balance principles form the basis for many tasks of reservoir engineers and reserve evaluators. This presentation revisits the fundamentals of material balance to refresh your understanding and connects it to decline curve analysis, simulation, and other applications. It is intended to be useful for engineers and non-engineers alike. 

Bio:

Tad Fielder is a Principal Engineer at Haas & Cobb Petroleum Consultants, where he specializes in reserves and resources evaluation, fair market value appraisals, and a broad range of petroleum engineering consulting services. He began his career in drilling and production engineering, but the majority of his 24+ years of experience has been focused on reservoir engineering.

Tad currently serves as President of the Society of Petroleum Evaluation Engineers, sits on the Board of the Texas Energy Council, and is a Certified Petroleum Engineer and member of the Society of Petroleum Engineers.