Reservoir Description & Dynamics:
Petroleum Reserves Estimation Workshop: Sharing the Vision
Workshop Lunches Sponsor
Welcome Reception
and Coffee Breaks
Audio-Visual Equipment
10-11 September 2009
Transcorp Hilton Hotel
Abuja, Nigeria
Members of the SPE Oil and Gas Reserves Committee and industry experts will gather in an open forum to discuss the revised classification, definitions, and guidelines included in the 2007 SPE/WPC/AAPG/SPEE Petroleum Resources Management System (PRMS). It is an opportunity to
- Examine the new system in detail
- Identify key changes and the reasoning behind these changes
- Discuss the impact of implementing the new system
- Gain high-level direction on practical application
- Discuss the future directions in reserves and resource evaluation and reporting
The petroleum industry is a major component of the global economy. It requires a common standard for reserves and resource development project evaluations to support the internal asset management, regulatory approval, project financing, and external disclosures. The 2007 system builds on previous guidance to achieve a high level of consistency in estimating reserves and resource quantities; it incorporates applicable best practices identified in other international petroleum and minerals classification systems.
This is one of a series of workshops planned at selected sites worldwide to familiarize users with the new system and discuss implementation issues.
Format
This workshop includes two days of presentations and informal discussions on key issues. Each session concludes with a panel discussion based on questions posed by the audience.
SPE workshops are content driven and emphasize sharing of recent experiences, expertise, and practices. Attendees are encouraged to take this opportunity to compare approaches to specific resource assessment problems with their peers, whether during the sessions, lunches, or the Wednesday evening reception. Presenters are strongly encouraged – but not required – to provide public versions of their materials for distribution so all participants can speak openly and candidly about the issues while still respecting project confidentiality.
Dress is business casual.
Who Should Attend
The workshop will be of interest to all who are concerned with the generation and reporting of reserve and resource estimates and their use in business operations.
