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Directive 065 - Energy Resources Conservation Board

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Requirements Comments<br />

vi) the scale of the log readings, and<br />

d) a tabulation of the interpreted net pay,<br />

porosity, and water saturation for each well<br />

in the pool, along with the cutoffs,<br />

methodology, formulas, and constants used.<br />

5) Data showing that the well is completed and<br />

capable of producing at an economic rate from<br />

the pool to which the common purchaser order<br />

is to apply.<br />

6) An evaluation of the oil and gas reserves for the<br />

pool and for your lands, including<br />

a) an estimate of the initial oil volume and gas<br />

volume in place,<br />

b) an estimate of the oil and gas recovery<br />

factors,<br />

c) a description of the methods used in<br />

determining (a) and (b) above (i.e., material<br />

balance, volumetric analysis, model study,<br />

a comparison of analog pools), and<br />

d) the supporting data used in determining (a)<br />

and (b) above and the sources of the data<br />

(i.e., pressure/volume/temperature [PVT]<br />

properties and source, pressure data and<br />

source).<br />

7) A discussion of drainage, including<br />

a) evidence showing that the reserves<br />

underlying your lands have been drained<br />

subsequent to the completion of your well<br />

in the pool,<br />

b) an estimate of the total amount of drainage<br />

that has occurred from your lands since<br />

your well was completed in the pool,<br />

together with details of how the drainage<br />

was calculated, and<br />

These data allow the ERCB to assess your<br />

mapping and reserves calculations requested in<br />

the following item. In addition, these data may<br />

be used to allocate production (see item 13).<br />

The reserves estimates confirm that there are<br />

reserves available for production.<br />

You should provide all data used in obtaining<br />

the reserves estimates so that your analysis can<br />

be duplicated.<br />

Drainage should be confirmed by summarizing<br />

at least two pressure tests obtained from the<br />

well.<br />

ERCB <strong>Directive</strong> <strong>065</strong>: <strong>Resources</strong> Applications / Common Purchaser (March 2012) • 1-9

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