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SPE Live Podcast: OGRC Advancing Global Consistency in Reserves Reporting Through PRMS Training

The Reserves Education Subcommittee (RES) within the Oil and Gas Reserves Committee (OGRC) is a global group of subject-matter experts advancing PRMS education. The RES were recently mandated by the OGRC to update, design, and prepare a reserves education framework in modular presentations. The initiative resulted in the development of thirteen (13) modular presentations encompassing core PRMS principles, reserves classification, maturity distinctions, evaluation methodologies, commerciality/economic criteria, and common areas of misinterpretation observed in industry. The modules form the…

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