This Open-File Report is based on a presentation delivered at the Fourth U.S. Geological Survey Workshop on Reserve Growth on March 10-11, 2008. It summarizes the results of a study of reserve growth of oil pools in Alberta Province, Canada. The study is part of a larger effort involving similar studies of fields in other important petroleum provinces around the world, with the overall objective of gaining a better understanding of reserve growth in fields with different geologic/reservoir parameters and different operating environments.
The goals of the study were to:
1. Evaluate historical oil reserve data and assess reserve growth.
2. Develop reserve growth models/functions to help forecast hydrocarbon volumes.
3. Study reserve growth sensitivity to various parameters ? for example, pool size, porosity, oil gravity, and lithology.
4. Compare reserve growth in oil pools/fields of Alberta provinces with those from other large petroleum provinces.