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Introduction to the Petroleum Resources Management System (PRMS) Application Guidelines

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Course Credit: 0.15 CEU, 1.5 PDH

The previous version of the Guidelines for Application of the PRMS was published in 2011 following the release of the Petroleum Resources Management System, or PRMS, in 2007. When the PRMS was updated in 2018, it was incumbent upon SPE’s Oil and Gas Reserves Committee (OGRC) to undertake a revision of the Application Guidelines (also referred to as the AG). However, the 2022 AG is not merely a refresh of the 2011 AG, but a complete re-write by contemporary subject matter experts.

This webinar presents a background on the history of, and the need for, resources definitions and their application, with a brief overview of the updates between the 2007 and 2018 versions of the PRMS. A more thorough discussion highlights the redesign of the 2022 AG relative to its prior edition, with emphasis on its five major updates:

Expanded scope
New chapters
Cross-referenced chapters
Additional examples
Revised glossary
Additionally, the webinar demonstrates example applications and highlights new terminology.

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 1 chapter
  1 downloadable resource

Course Chapters

  • 1Introduction to the Petroleum Resources Management System (PRMS) Application Guidelines - Chapter 1
    Media Type: Video

Credits

Earn credits by completing this course0.15 CEU credit1.5 PDH credits

Speakers

Charles Vanorsdale
Steve McCants