Abstract

Seismic technologies have been used in the industry in a rather restricted fashion in the context of assessing proved reserves. So far, limited additional application of seismic technology is seen under the new principle-based SEC guidelines. The applications are primarily confined to the use of seismic as a “reliable technology” as defined by the SEC (Sidle and Lee, 2010). An example of wider use of seismic technology as part of an integrated and holistic analysis to establish reasonable certainty required for proved reserves bookings by Shell is presented as a case study in this paper.

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