SPE Online Education
Module 3: SEC Guidance for Reserves Reporting
Recorded On: 03/16/2018
The SEC has issued guidance intended to clarify reserves definitions and reporting requirements in documents it calls "Compliance and Disclosure Interpretations," or C&DI. The SEC staff issued guidance in 2009 and in 2013, and we will explain the guidance in this module.
To purchase this course as part of the series, go to: SEC Reserves Reporting Regulations Series.
Dr. W. John Lee
Von Gonten Chair in Petroleum Engineering, Texas A&M University
Dr. Lee holds BS, MS and PhD degrees in chemical engineering from the Georgia Institute of Technology. Early in his career, John worked for ExxonMobil and specialized in integrated reservoir studies. He later joined the Petroleum Engineering faculty at Texas A&M, and became Regents Professor of Petroleum Engineering. While at A&M, he also served as a consultant with S.A. Holditch & Associates, where he specialized in reservoir engineering aspects of unconventional gas resources. Professor Lee joined the University of Houston faculty in September 2011 and held the Cullen Distinguished University Chair until September 2015, when he rejoined the Texas A&M Faculty. He served as an Academic Engineering Fellow with the U.S. Securities & Exchange Commission (SEC) in Washington during 2007-2008, and was a principal architect of the modernized SEC rules for reporting oil and gas reserves. John and his team received the SEC’s Law and Policy Award in 2009. Professor Lee is the author/co-author of four textbooks published by SPE and has received numerous awards from SPE, including the Lucas Medal, the DeGolyer Distinguished Service Medal and Honorary Membership. He has received Distinguished Achievement and Honorary Life Member Awards from SPEE and is a member of the U.S. National Academy of Engineering and the Russian Academy of Natural Sciences.
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