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Conference Proceedings

Estimation and Statement of Mineral Reserves, Sydney

Conference Proceedings

Estimation and Statement of Mineral Reserves, Sydney

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Good Data-A Requirement For A Good Reserve

Quite often the reserve assessor becomes enamored with the numbers gen- erated and forgets the basis for his assessment. The quality of the assess- ment can only be as good as the quality of the input data. The use of seismic data from the Gippsland Basin in assess- ing Esso/BHP's oil and gas reserves is an excellent example of this principle._x000D_
By significantly improving the quality of seismic data, a much more reliable estimate of a field's reserve potential can be made. In addition, it provides the basis for further delineation drill- ing which, as recent experience in Gippsland has shown, often leads to increased reserves.
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  • Published: 1979
  • PDF Size: 0.572 Mb.
  • Unique ID: P197902027

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