Certification Process

The certification process becomes of strategic importance. Producers will work with a handful of highly specialized certification companies that analyze fields and reservoirs for commercial viability. The certification process is an independent audit process carried out by teams of geoscientists, petroleum engineers, and other experts aimed at assessing a given geologic structure for hydrocarbon potential.

The certification process utilizes technology that will measure fluid flow, pressure, and temperature under various conditions. The audit process will utilize three-dimensional (3-D) seismic and sophisticated reservoir simulation and computer modeling that will enable scientists to model a reservoir. The certification ...

Get Investing in Energy: A Primer on the Economics of the Energy Industry now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.