Practical Application of PRMS (Petroleum Resources Management System)
This course allows an overview and in-depth look at the framework, classifications and applications of SPE’s Petroleum Resources Management System (PRMS). Participants will gain a solid understanding of this valuable resource management tool.
- Defining the project and evaluating risk and uncertainty
- Incremental projects and unconventional resources
- Entitlement and recognition
- Review of resource assessment methods
- The resource management processes
- Integrating internal and external reporting
At the end of this course, participants should have an understanding of:
- Resource tracking and reconciliations
- Special classification and categorization issues
- Hybrid deterministic and probabilistic methods–class exercise
- Quality assurance and quality control
- Coordinating international standards
PRMS is a powerful management tool that is widely used in the industry. If your job includes any aspect of resource management, this course will enhance your skills.
Who Should Attend
This course is for anyone who works closely with the generating and reporting of reserves, and for those who make or use resources estimates for business decisions.
1.6 CEUs (Continuing Education Units) awarded for this 2-day course.
All cancellations must be received no later than 14 days prior to the course start date. Cancellations made after the 14 day window will not be refunded. Refunds will not be given due to no show situations.
Training sessions attached to SPE conferences and workshops follow the cancellation policies stated on the event information page. Please check that page for specific cancellation information.
SPE reserves the right to cancel or re-schedule courses at will. Notification of changes will be made as quickly as possible; please keep this in mind when arranging travel, as SPE is not responsible for any fees charged for cancelling or changing travel arrangements.
We reserve the right to substitute course instructors as necessary.
Full Regional cancellation policies can be found at the “Cancellation Policy” link on the SPE Training Course Catalog page: http://www.spe.org/training/catalog.php.
Rawdon Seager (Course Instructor) is a reservoir engineer with over 45 years of experience in the international oil and gas arena and has carried out numerous field studies, reserve assessments, and asset evaluations. He has also given expert testimony during arbitration hearings. Throughout his career, Rawdon has been deeply involved with the proper evaluation and reporting of oil and gas reserves, a subject on which he now provides clients with advice and training. Rawdon has spoken at various industry events as well as presenting in-house and public courses to clients on matters relating to reserve estimation, classification and reporting. He is currently based on in Houston, Gaffney, Cline & Associates’ western hemisphere headquarters, where he is Chief Reservoir Engineer as well as Global Director of Quality Assurance.
Rawdon began his career in 1972 as a Petroleum Engineer with Shell International in Malaysia, Brunei, the Netherlands and Australia. In 1980 he joined Roy M. Huffington, Inc. in Indonesia where he became Petroleum Engineering Manager, before joining GCA in 1985 with whom he has held senior positions in the United Kingdom, Singapore, Argentina, Venezuela and the USA.
He has a BSc (Honors) in Physics from Bristol University, England and an MSc (Distinction) in Petroleum Reservoir Engineering from Imperial College, London. Rawdon is a member of the SPE (Past-Chairman of the Oil and Gas Reserves Committee), SPEE (on the Board of Directors), the American Association of Petroleum Geologists and the UK Energy Institute, and he is a Chartered Petroleum Engineer in the UK. He is also registered as a European Engineer with FEANI.
John Etherington (Course Author) is managing director of PRA International Ltd., a Calgary-based consulting firm advising industry on resources assessment and reporting since 2000. Etherington holds BS and PhD degrees in geology. He previously spent more than 32 years with Mobil Oil in Canada, the US, and international assignments. Etherington served on the SPE Oil and Gas Reserves Committee with primary responsibility for the 2007 PRMS project. He also coordinated SPE’s interface with the United Nations Framework Classification and the International Accounting Standards Board’s Extractive Activities projects. He was an SPE Distinguished Lecturer in 2005–2006, has presented papers on resources evaluation issues at AAPG, EAGE, and SPE conferences, and has conducted training for more than 1200 geoscientists and engineers from 46 countries.