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Capstone: OOIP → Drive → IPR/VLP → Decline → NPV
Inside this lesson
- Trace one narrative thread from geology and petrophysics (porosity, permeability, saturation) through to economics
- Connect volumetrics and material balance (OOIP, drive mechanism) to well inflow and the IPR/VLP nodal operating point
- Explain how decline-curve analysis converts the operating-point rate into a forecast rate profile and estimated ultimate recovery
- Describe how economics turns that forecast into NPV and payout to decide whether to develop, and stress that every step feeds the next and the decision loops back as data arrive
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- Interactive simulators for well-log interpretation, reservoir material balance, and nodal analysis.
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Educational content covering topics typical of an undergraduate petroleum-engineering curriculum. Not a substitute for accredited coursework, and not suitable for real well, reservoir, or field decisions without review by a licensed professional engineer. Well-control content is conceptual awareness only and is not IWCF/IADC training. References to reserves or resource classifications are descriptive context only, not regulatory disclosure or booking guidance.