Global Natural Gas Reserves – A Heuristic Viewpoint (Part 1 Of 2)

The following article was written for MEES. Rafael Sandrea is President and CEO of ITS Servicios Tecnicos, a Caracas-based engineering company he founded 30 years ago. He holds a PhD in petroleum engineering from Penn State University and has written more than 30 technical publications, including the book, Dynamics of Petroleum Reservoirs under Gas Injection, Gulf Publishing, 1974. (rafael@its.com.ve). Part 2 of his article will be published next week.

Part 1 – demonstrates the applicability of the logistic decline model to appraise proven conventional natural gas reserves in six of the world’s largest producing gas fields. The analysis is then extended to six major gas producing countries.

( Full article here )