DEDICATED SESSION RESERVES - Summary: “Reclassifying Proved reserves as Probable, establishing commercial maturity for undeveloped reserves categories rather than for a project, and disclosing proved undeveloped reserves under the five year time limit in a way that may not fully meet SEC requirements, are some of the topics that seem to have developed in the industry in the last few years. The presentation will address these issues, existing standards, regulations and best practices. The presentation will provide an opportunity to exchange views on the above mentioned issues, which will benefit from further industry clarification to avoid certain approaches, not supported by existing standards or regulations, from further spreading.”


Article metrics loading...

Loading full text...

Full text loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error