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In Pursuit of the Common Code – Classification and Reporting Petroleum Resources using SPE Standards

The Society of Petroleum Engineers (SPE) has been actively involved in developing classification systems for oil and gas resources assessment and reporting since 1965.  The current version, labelled the Petroleum Resources Management System (PRMS), was published in 2007. PRMS provides guidance for classification of petroleum projects from early exploration through to mature production phases and categorization of the associated resource quantities based on assessment of uncertainty. This webinar reviews the PRMS major principles and guidelines. PRMS is now accepted internationally as the primary reference by petroleum producers, stock market regulators, financial analysts, government agencies and industry consultants.

John Etherington

Consultant, Petroleum Resources Assessment and Reporting

Mr. Etherington is a Calgary-based consultant advising industry on petroleum resources assessment and reporting since 2000. He previously spent 32 years with Mobil Oil in Canada, USA, and international Exploration and Producing assignments including five years in Mobil’s central resources audit group. John served on the SPE Oil and Gas Reserves Committee with primary responsibility for drafting the 2007 Petroleum Resources Management System (PRMS).

He was an SPE Distinguished lecturer in 2006 and has conducted training on resources assessment using PRMS and SEC guidelines for over 1600 geoscientists and engineers from 46 countries. John represented the SPE on the Technical Advisory Group to United Nations resources classification committee and is a member of the SPEE Reserves Definitions Committee.

He is a registered petroleum geologist with the AAPG and the Association of Professional Engineers and Geoscientists of Alberta. He holds BSc and MSc degrees in geology.

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11/16/2017 at 10:30 AM (EST)   |  90 minutes
11/16/2017 at 10:30 AM (EST)   |  90 minutes
0.15 CEU/1.5 PDH credits  |  Certificate available
0.15 CEU/1.5 PDH credits  |  Certificate available