Proved Undeveloped Reserves Review demo
Reserves engineers test undrilled locations against their development deadline the morning a rig plan or budget moves, not at year-end. 1:24
What the demo shows
Tests proved undeveloped locations against adopted plans and the five-year rule, year-round.
Agents read each plan change, re-test every location against its five-year line the moment the reading is confirmed, look for free rig days and draft the reasons. A reserves engineer decides, the committee chair checks a sample and signs, and the controller signs second; any keep past the line needs a written reason for each location.
Transcript
- Proved Undeveloped Reserves Review tests undrilled locations against the five-year rule.
- Each location has a clock, slip a rig, and it resorts.
- Emica confirms the new rig schedule.
- Rig three stops for two quarters.
- Agents retest 642 clocks.
- 47 locations, 38.2 million barrels, slide past the line.
- Emeka moves pad 8 onto Rig 4's 140 free days, Katarjina funds it, and Sanjay keeps the 9.
- The other four pads have no rig in time, so they move out.
- Helene, the chair, reads the memo and four sampled records, each with its decision, numbers, and source, before she can sign.
- She signs, then the controller opens it and signs second.
- Eight weeks before year-end, 604 locations, 184.9 million barrels.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.