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SPE PRMS Reserves and Resources
Reporting Workshop

Thursday, 14 November 2013 • 0900–1700 hours • Meeting Room M1

Application of the Petroleum Resources Management System (PRMS)

AUD 160 per person (SPE Member)
AUD 260 per person (Nonmember)

Workshop Description:

The PRMS is the recognised global standard of petroleum resource classification, accepted by E&P companies and external organisations such as stock exchanges.

This 1-day workshop is intended to bring together a focused group of professionals who are experts in unconventional gas development, reserve and resource assessment, as well as brokering and investment specialists who rely on reserve estimates. The workshop is a unique opportunity to converse with peers and experts who seek to both improve and provide clarity to the accuracy, reliability and utility of the PRMS. The focus will be reserve and resource estimation practice associated with coal seam gas and shale gas resources. 

The application of PRMS requires dialogue between industry, regulators and investors to ensure that it remains relevant.

Workshop Objectives:

  • Provide an overview of the key elements of PRMS
  • Overview of analysis methods
    • Deterministic and probabilistic methods
    • Decline analysis
  • Impact of technology
    • Current and future technology
    • Impact on recovery
  • Best practices and application to unconventional resources including:
    • Coal seam gas
    • Shale gas
  • Reserves reporting prospective from:
    • Investment banking industry
  • Network opportunities
    • Unconventional gas experts
    • Financial specialists
    • Reserve auditors

Who Should Attend:

Recommended participants for this workshop are those who are involved in estimation and reporting and analysis hydrocarbon reserves and resources. This is a limited attendance workshop, and registration will be based on first-come, first-served basis.

For further information, please contact the workshop coordinator:

Don McMillan
Tel: 61.7.3374.4312
Email: don.mcmillan@oilgascbm.com.au

Jenny Chong, SPE Senior Event Manager
Tel: 60.3.2182.3122
Email: jchong@spe.org