This course provides an overview of the classification, estimation and reporting of reserves and resources. The focus of the course is on the SPE-PRMS (2018), but other systems such as SEC and COGEH are also included. The course will outline the key definitions of each of the main classes and categories of reserves and resources. The estimation methods which can be used, together with how and when each should be used is also covered. The course is illustrated by a series of case histories, examples and exercises that show the practical application of the principles.
SPE Training Course: The Estimation, Classification and Reporting of Reserves and Resources
Monday, 19 August 2024 ● 0900–1730 hours
Your Instructor
Douglas Peacock has over 40 years of experience in the oil industry covering a variety of positions, during employment with service companies, operators and consultancies. He has been involved in exploration, development and reserves estimation throughout his career. Currently, he is Technical Director based in GaffneyCline’s Singapore office. He is a recent (2013-16) member of the SPE Oil and Gas Reserves Committee (OGRC) and was an SPE Distinguished Lecturer during 2010-11. He has authored numerous technical papers from 1989-2023. He has given many industry training courses and webinars, mainly on reserves and resources, both for SPE and GaffneyCline. Doug holds a B.Sc. in Geology from Leeds University and a M.Sc. in Petroleum Geology from Imperial College, London.