SPE Online Education
Petroleum Resources Management System Courses
2018 PRMS - A review of Changes and Differences of : Commercial vs. Economic and EUR vs. TRRContains 4 Component(s), Includes Credits
With the 2018 update to PRMS, the evolution of this important document continues with clarifications of existing terms and concepts as well as introductions of new terms. One constant has been the requirement of “commerciality” as an element of reserves. To ensure PRMS users distinguish “commercial” from “economic”, this online training course explains both terms. Also, related terms, like “economic limit”, are explained along with some FAQs on economic topics.
PRMS 2018 Update, Examples, and Usage: Excerpts from HEESContains 2 Component(s), Includes Credits
With excerpts taken from the 2018 Hydrocarbon Economics and Evaluation Symposium, this course provides an overview of the key changes in the 2018 Update, practical examples for interpreting common issues, and usage of the PRMS in regulatory environments.
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