RMR is a structured approach used to assess the quality of the reservoir management being employed in the recovery of hydrocarbons from a particular reservoir. It is comprised of a unique presentation of metrics, indices and quality measures and it addresses the key reservoir management elements of design, value enhancement and performance monitoring.
By providing a numerical assessment of critical reservoir performance parameters, essential questions and risk factors, RMR can quantify the quality of a complex process as well as evaluate the quality of alternative solutions in a standardized and internally consistent manner.
The RMR score can be used to benchmark and improve both field development designs and working operations.
QRI’s RMR approach has had a substantive impact in increasing production and reserves for our clients, as evidenced by arrests of production decline, reversals in excess gas production, and stabilization of reservoir pressures.