Guidelines for the Evaluation of Petroleum Reserves and Resources

Petroleum reserves and resources are important to both companies and countries. Numerous regulatory bodies around the world have developed regulations relating to the evaluation and external reporting of reserves. The individual evaluator continues to be responsible for ensuring that the rules are fully met within a specific region or country.

TOC
Chapter 1—Introduction - Claude L. McMichael
Chapter 2—Petroleum Resources Classification and Definitions - James G. Ross
Chapter 3—Operational Issues - Claude L. McMichael and Allan Spencer
Chapter 4—Current Economic Conditions - H. David Crossley
Chapter 5—Probabilistic Reserves Estimation Procedures - Sigurd Heiberg and Wim J.A.M. Swinkels
Chapter 6—Aggregation of Reserves - Wim J.A.M. Swinkels
Chapter 7—Application of Geostatistics in the Petroleum Industry - Kathryn Gibbons
Chapter 8—Seismic Applications - James D. Robertson
Chapter 9—Reserve Recognition Under Production-Sharing and Other Nontraditional Agreements - Claude L. McMichael and E.D. Young
Appendix A—SPE/WPC Petroleum Reserves Definitions
Appendix B—SPE/WPC/AAPG Petroleum Resources Classification and Definitions

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