Assignment Individual Research Business Memo

Imagine you are now employed by an oil and gas company in your preferred area of expertise. You have just completed a brilliant industry short course that has demonstrated that your company can improve its profitability by “integrating reservoir management.” Write a succinct business memo to management that justifies the move to Integrated Reservoir Management. You will need to show management both the theoretical and practical benefits of integration.

Remember that the oil and gas industry is a business and therefore the recommendation will need to be economically as well as scientifically driven.

Expectations

• It is expected that you will choose your preferred area of expertise from one of the following:

• Reservoir Geology and Geophysics
• Formation Evaluation
• Fluid Evaluation

• Material Balance and Decline Curve Analysis
• Reservoir Drive Mechanisms and Recovery Factors

• Drilling and Completions
• Surface Facilities

• It is expected that you will show the research depth of your proposal by using, at a minimum, five published technical papers (including both case studies and theory – excluding the basic reading list).
• It is expected that your memo will be short and Managers hate reading immaterial small talk but love pictures, diagrams, tables and appendices. Why not search the internet to see what a succinct business memo looks like!