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Oil Reserve Estimation Methods Quiz

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Questions and Answers

What are the three classifications of reserves mentioned in the text?

Certain, Feasible, Likely

Measured, Indicated, Inferred

Certified, Hypothetical, Potential

Proved, Probable, Possible (correct)

Which method is NOT mentioned as a way of estimating reserves?

Statistical Extrapolation Method (correct)

Numerical Simulation Models

Volumetric Method

Material Balance Method

What is the focus of Chapter Three in the text?

Calculation of reserves (correct)

Overview on Reserve Estimations

Factors Affecting Decline Behavior

Advantages and Disadvantages of Production Decline Curve

Which type of reserves is based on specific geological and engineering data?

<p>Proved Reserves</p> Signup and view all the answers

What are the three methods of estimating reserves mentioned in the text?

<p>Volumetric Method, Material Balance, Numerical Simulation Models</p> Signup and view all the answers

Oil Reserve Estimation Methods Quiz

Choose a study mode

Podcast

Questions and Answers

What are the three classifications of reserves mentioned in the text?

Which method is NOT mentioned as a way of estimating reserves?

What is the focus of Chapter Three in the text?

Which type of reserves is based on specific geological and engineering data?

What are the three methods of estimating reserves mentioned in the text?

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