Reserves calculation for CBM and shale gas is major specialty of Austar Gas. Reserve calculation is the process by which the economically recoverable hydrocarbons in a field, area, or region are evaluated quantitatively. Gas reserve represent that part of resources which are commercially recoverable and have been justified for development, while contingent and prospective resources are less certain because some significant commercial or technical hurdle must be overcome prior to there being confidence in the eventual production of the volumes.
For reserve calculation, Austar Gas professionalise at all common used methodologies including volumetric, material balance, decline analysis, deterministic and probabilistic and simulation.