“net & pay” – the petrophysicist’s · department of earth science & engineering,...
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“Net & Pay” – The Petrophysicist’sinput to quantifying the reserves
Dr Peter FitchDepartment of Earth Science & Engineering,
Imperial College London.( @peterophysics )
“Contentious ambiguity!”
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Outline
• STOIIP & Reserves – reminder
• Concepts of Net & Pay
• Defining cutoffs
• Application to LPS dataset
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STOIIP
Stock tank oil initially in place
STOIIP = GRV . Ø . (N/G) . (1-Sw) / FVF
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STOIIP
Stock tank oil initially in place
STOIIP = GRV . Ø . (N/G) . (1-Sw) / FVF
Gross rockvolume
Net to grossratio
Formation volumefactor
Porosity (1 - Water saturation)Oil saturation
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Reserves
• Prospective resources– Undiscovered / potentially recoverable
– Exploration
• Contingent resources– Discovered recoverable only
– Appraisal
• Reserves– Discovered, remaining, recoverable, & commercial
– Development
– Recovery factor(s) / Estimated Ultimate RecoverySensu. Worthington (2010)
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Qualitative example (LPS dataset)
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Qualitative example (LPS dataset)
410 ft.
238 ft.
Net / Gross = 238 / 410 = 58 %
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Qualitative example (LPS dataset)
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Qualitative example (LPS dataset)
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Qualitative example (LPS dataset)
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Qualitative example (LPS dataset)
410 ft.
238 ft.
Net / Gross = 238 / 410 = 58 %
112 ft.
Pay / Gross = 112 / 410 = 27 %
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Net & Pay – Definitions
• Net Sand
– Any rock within the gross interval that has useful reservoir properties
• Net Reservoir
– Any rock within the Net Sand that has useful reservoir properties and the capability to store and flow fluids
• e.g. is not tight (low porosity)
• (Net) Pay
– Intervals of Net Reservoir that contain hydrocarbons
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Pay
Gro
ss inte
rval th
ickness
OW
C
Non-reservoir
Non-reservoir
Non-reservoir
Non-reservoir
Low / no porosity
Low / no porosity
Low / no porosity
Low / no porosity
Low / no porosity
Low / no porosity
Hydrocarbon
Hydrocarbon
Hydrocarbon
Hydrocarbon
Hydrocarbon
Water
Water
Net & Pay – conceptsNet Sand Net Reservoir Pay
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HOW CAN WE QUANTIFY NET & PAY?
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What is a cut-off?
• Thresholds
• Limiting factors– Above or below
– Accept or reject
• Traditional cut-offs– Net Sand
– Net Reservoir
– Pay
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Sand cut-off
• Histogram: • Core calibration:
Shale volume (%)
Freq
ue
ncy
Vsh cut-off
Shale volume (%)
Vsh cut-off
Dep
th
Sed
ime
nta
ry lo
g
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Reservoir cut-off
• Histogram: • Permeability x-plot:
Porosity (%)
Freq
ue
ncy
Porosity cut-off
+ choice of Net Sand cut-off
Porosity (%)
Perm
eab
ility
(m
D)
Porosity cut-off
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Pay cut-off
+ choice of Net Sand & Reservoir cut-offs
• Histogram: • Percentiles:
Water Saturation (%)
Freq
ue
ncy
Saturation cut-off
Water Saturation (%)
Cu
mu
lati
ve F
req
ue
ncy
Saturation cut-off
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Dynamically conditioned cut-offs
(Modified from Worthington , 2010)
Porosity (%)
Shal
e vo
lum
e (%
)
Porosity (%)
Wat
er S
atu
rati
on
(%
)
Porosity (%)
RQ
I0.5
kRQI
Saturationcut-off
Vsh
cut-off
Porosity cut-off
Or might use kro(Swirr)
Lower limit of hydraulic behaviour
Repeat for different rock types...
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Quantitative example (LPS dataset), 1
• Establish
cut-offsCut-offs:
POROc = 17.5 %Vshc = 15.8 %Swc = 34.8 %
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Quantitative example (LPS dataset), 2
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Quantitative example (LPS dataset), 3
CountRatio to
Gross (%)Cumulative
Thickness (ft)
Gross 781 100.0 390.00
Net Sand 448 57.4 223.71
Net Res 412 52.8 205.74
Pay 196 25.1 97.87
9100
9150
9200
9250
9300
9350
9400
9450
9500
De
pth
(ft
)
Net Sand
Net Reservoir
Pay
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Alternative definitions & cut-offs
Egbele et al. Etris & Stewart Worthington & Consentino
Pfeffer Theory
Gross ThicknessNone
Gross ReservoirNone
Gross ReservoirNone
Gross RockNone
Net ReservoirVsh & Ø
Net ReservoirVsh
Net SandVsh
Gross ReservoirVsh
Gross PaySw & OWC
Gross PayOWC
Net ReservoirØ
Gross PaySw
Net PayBVW
Net PaySw
Net PaySw
Gross PaySw
Net PayBVW
Modified from Egbele et al. (2005)
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Summary
• Net Sand & Reservoir – Any rock within that has useful reservoir properties, & the capability to store and flow fluids
• (Net) Pay – Intervals of Net Reservoir that contain hydrocarbons
• Cut-offs are used as threshold values to quantify Net & Pay
• Many approaches for conventional cut-offs• Even more approaches for carbonates & unconventional
reservoirs• Some are company, individual or economically defined
• Key in constraining STOIIP and Reserves
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Suggested references
• LPS Seminar Publications (www.lps.org.uk)
• Egbele et al. (2005), Net-To-Gross Ratios: implications in integrated reservoir management studies. SPE 98808
• Jensen & Menke (2006), Some statistical issues in selecting porosity cutoffs for estimating net pay. Petrophysics, 47 (4), 315-320
• Worthington & Cosentino (2005), The role of cutoffs in integrated reservoir studies. SPE 95428
• Worthington (2010), Net Pay – What is it? What does it do? How do we quantify it? How do we use it? SPE 123561
@peterophysics !