Skip to main content

SPE Logo 

SPE WORKSHOP
Navigating the Changing World of Reserves
and Resources in the Context of the PRMS

20–21 August 2024 | Brisbane, Australia

SPE Logo

SPE WORKSHOP
Navigating the Changing World of Reserves
and Resources in the Context of the PRMS

20–21 August 2024 | Brisbane, Australia

Schedule

Subpage Hero

Schedule

Loading
0750
  1. 60 mins
0900
  1. 30 mins

    Welcome Remarks:  Ray Johnson, Technical Services, Novus Fuel

    Keynote Addresses:

    • Rick Wilkinson, Chief Executive Officer, EnergyQuest
    • David Close, Director, Gas and Energy Transition Research Centre, The University of Queensland
0930
  1. 30 mins
1000
  1. 120 mins

    Session Managers: Suhaila Wahib, PETRONAS; Paul Lyford, Santos

    This panel session will feature a dynamic discussion on practical solutions and best practices, addressing both technical and operational aspects in the ever-evolving landscape of reserves and resources management, especially in the context of the Petroleum Resources Management System (PRMS). Panel speakers will delve into how operators navigate the complexities of PRMS, focusing on the implementation of its guidelines and standards. Gain insights into the latest industry perspectives and strategies for overcoming common obstacles, including regulatory compliance, technological advancements, and economic uncertainties.


    Panel  Speakers:

    • Rick Wilkinson, Chief Executive Officer, EnergyQuest
    • Handi Sukmanto, Commercial Planning & Strategy Sr. Analyst, PT Pertamina Hulu Energi
    • David Close, Director, Gas and Energy Transition Research Centre, The University of Queensland
1200
  1. 60 mins
1300
  1. 120 mins

    Session Managers: Simon Smith, Australia Pacific LNG; Rod Bresnehan, Energy Resource Development Pty Ltd; John Hattner, NSAI

    This session will provide an in-depth overview of the Petroleum Resources Management System (PRMS) framework. Attendees will learn the methodologies and best practices for estimating and classifying petroleum resources and reserves, assisting in preparing reasonable assessments complying with PRMS guidelines by using example case studies. This session will also cover the latest updates and practical applications of PRMS guidelines in real-world scenarios.

    Discussion Leaders

    • PRMS in Flowchart Form by Greg Horton, Independent Consultant and Paul Lyford, Santos
    • Prospective Resources (PRs) and Contingent Resources (CRs) per PRMS 2018 by Greg Horton, Independent Consultant
    • Conventional field – Prospective Resources to Reserves per PRMS 2018 by Greg Horton, Independent Consultant
    •  Technology, Technology Under Development, Currently available Technology PRMS 2018 concepts … for the Project by Barbara Pribyl, Hancock Energy and Greg Horton, Independent Consultant
1500
  1. 30 mins
1530
  1. 120 mins

    Session Managers: Simon Smith, Australia Pacific LNG; Suhaila Wahib, PETRONAS

    This session will explore the latest technologies and strategies for fostering innovation and maximising value in project development and portfolio management. Attendees will gain insights into assessing project feasibility, potential returns, risk assessment and leveraging on big data analytic to drive successful outcomes. This session will feature case studies and practical approaches to integrating advanced solutions into planning and execution.

     

    Discussion Leaders:

    • Economic v Commercial per PRMS 2018 by Greg Horton, Independent Consultant
    • How to determine Pd, “Chance of Development” by Greg Horton, Independent Consultant
    • From Data to Decisions: The Evolution of PETRONAS's Reserves and Resources Reporting by Elsie Sow Chia Shen, PETRONAS
    • How to Keep the Physics Guard Rails on a Black Box Production Forecasting Using Data Science, Machine Learning, and Automation in the Context Of PRMS Requirements by Colin Lyle Jordan and Don Merritt, Predico Software
1730
  1. 30 mins

    Poster Presenters:

    • New Technologies for Low Permeability Coals by Ray Johnson, Novus Fuels
1800
  1. 120 mins
0800
  1. 50 mins
0900
  1. 90 mins

    Session Managers: Elsie Sow, PETRONAS

    This session will delve into the emerging trends and market shifts driving advancements in energy storage and renewable energy, underscoring the increasing importance of sustainability that is redefining energy project frameworks. Through real world case studies, attendees will gain insights and learn best practice for adapting project definitions to align with current energy landscape while ensuring strategic relevance and sustainability.

    Discussion Leader:

    • Powering Decarbonisation: Shaping Carbon Capture and Storage (CCS) Development through Storage Resources Reporting by Hikma Qadreney M Raziff, PETRONAS
1030
  1. 15 mins
1045
  1. 135 mins

    Session Managers: Simon Smith, Australia Pacific LNG; Rod Bresnehan, Energy Resource Development Pty Ltd; John Hattner, NSAI

    This session will provide an in-depth overview of the Petroleum Resources Management System (PRMS) framework. Attendees will learn the methodologies and best practices for estimating and classifying petroleum resources and reserves, ensuring accurate and reliable assessments with real case studies. This session will also cover the latest updates and practical applications of PRMS guidelines in real-world scenarios.

     

    Discussion Leaders:

    • What is Discovery? An Unconventional Tale by John Hattner, NSAI
    • Unconventional Field – Prospective Resources to Reserves per PRMS 2018 by John Hattner, NSAI and Greg Horton, Independent Consultant
    • Clarifying Technology Under Development by Joseph Wolfe, NSAI
    • An Integrated “Model-Based” Methodology to Construct Type-Well Profiles in Unconventional Reservoirs by Diana Mancilla, Degolyer & MacNaughton
    • Challenges in Aligning CSG Reserves Estimation Using Drill Spacing Unit Methodology with The Spirit of The PRMS by Alistair Jones, Origin Energy
    • Coal Seam Gas Reserves Confidence Metric by Don McMillan, Oil Gas CBM Services PTY LTD
1300
  1. 60 mins
1400
  1. 90 mins

    Session Manager: Doug Peacock, GaffneyCline

    This open session will serve as a platform to address common questions and clarifications regarding the Petroleum Resources Management System (PRMS). Attendees will engage in an active and interactive dialogue, sharing experiences and insights to deepen their understanding of PRMS guidelines and applications and fostering a collaborative environment for learning and problem-solving.

1530
  1. 15 mins
1545
  1. 75 mins

    Session Manager: Greg Horton, Independent

    With the goal of collecting feedback on PRMS 2018 (Petroleum Resources Management System) for the Oil and Gas Reserves Committee PRMS Update Subcommittee, attendees will receive suggestions made to the OGRC for discussion and have the opportunity to comment and share their insights on the application of the PRMS with the Subcommittee. This interactive session will gather experiences from industry professionals, highlighting challenges and best practices. Attendees will discuss suggestions for improvements and share their perspectives on the effectiveness of PRMS in resource and reserve estimation.

Sign up for the newsletter