New Course Offering! Engineering Methods and Advanced PHDWin

DWAYNE PURVIS, P.E. is pleased and proud to announce the formation of a new partnership with PHDWin for the training of young professionals in the practical aspects of creating reserve analyses.

PHDWin offers one of the most used and respected software packages for reserves and economics. This kind of specialized software is much more efficient and reliable than spreadsheets, and PHDWin allows a deeper and better kind of engineering analysis than its major historical competitor (which will politely remain unnamed and which this engineer refuses to use on the basis its quality).

DWAYNE PURVIS, P.E. has over twenty years of experience in reserve estimation and field studies. Besides annual reserve reports, we have been responsible for or participated in acquisition analyses from thousands of dollars to billions. All that experience has convinced us that, though it is the most common reserve estimation method, decline curve analysis is commonly misunderstood and often implemented poorly. If you really want to see how grim results can be, check out the only SPE paper testing the forecasts of experienced estimators. Or you can read more about good decline curve analysis in a recent SPE paper.

Combining our strengths, we have teamed up to offer a new training course to improve the skills of engineers and the reliability of their work: Engineering Methods and Advanced PHDWin. This course will teach engineers both how to use the advanced features of PHDWin and, more importantly, how to perform the engineering procedures to obtain the most reliable results.

Topics include for instance

  • How to see what matters in the production history
  • How to recognize and predict reservoir dynamics
  • How to use advanced features such as custom graphs, reversions, rapid price updates, and imports from EXCEL
  • How to quality-control your data and your analyses
  • How to publish the results
  • How to update a report

For more information, you can read HERE about the course, it's timing and locations. We would also be pleased to present an in-house course upon request. Reserve season in approaching, and the first course offering is only a few weeks away.

I hope to see you there!