PRMS

The SRMS Guidelines include suggestions for the application of the SRMS with the intent of including details of the processes of quantification, categorization, and classification of storable quantities so that the subjective nature of subsurface assessments can be consistent between storage resource assessors.

A new dose of constraint may just be the best prescription for those making reserves estimates on prospective unconventional resources.

The authors write that the deterministic incremental reserve assessment method may mislead investors if used wrongly.

This paper presents a methodology that provides the upstream industry with a robust approach to petroleum inventory management.

This paper will examine ways in which Chance of Development (CoD) can be defined better, methods for its estimation, and its appropriate application along with common misuses.

The implementation of the PRMS has contributed significantly to the understanding of the hydrocarbon-maturation process in the Netherlands.

There are no reliable estimates of technically recoverable resources (TRRs) for unconventional reservoirs outside North Amercia, and many countries lack the advanced technology such as horizontal drilling and hydraulic fracturing necessary to develop unconventional resources.

The Guidelines for Application of the Petroleum Resources Management System (AG) document was issued in November 2011.