Comparative reserves definitions: U. S. A. , Europe, and the former Soviet Union

Journal Article · Wed Sep 01 00:00:00 EDT 1993 · JPT, Journal of Petroleum Technology; (United States)

DOI:https://doi.org/10.2118/25828-PA· OSTI ID:6374683

Grace, J D; Heather, D I ^[1]; Caldwell, R H

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1. Troika Energy Services, Dallas, TX (United States)

Reserves definitions in use in the Former Soviet Union (FSU) are described and discussed. The U.S. Securities and Exchange Commission (SEC) and SPE deterministic definitions and the 1983 World Petroleum Congress (WPC) probabilistic (1P, 2P, and 3P) definitions commonly used in Europe are compared with the A,B,C, and D system used in the FSU. The authors discuss the strengths and weaknesses of each system, the implication for quantification of reserves and resources in each area, and the translation difficulties between systems.

• OSTI ID: 6374683
• Journal Information: JPT, Journal of Petroleum Technology; (United States), Vol. 45:9; ISSN 0149-2136
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
PETROLEUM
RESERVES
PETROLEUM DEPOSITS
RESOURCE ASSESSMENT
STANDARDIZED TERMINOLOGY
ASSOCIATED GAS
CALCULATION METHODS
COMPARATIVE EVALUATIONS
ENERGY SUPPLIES
EUROPE
EXPLORATION
PRODUCTION
USA
USSR
ASIA
DEVELOPED COUNTRIES
ENERGY SOURCES
EVALUATION
FLUIDS
FOSSIL FUELS
FUELS
GASES
GEOLOGIC DEPOSITS
MINERAL RESOURCES
NORTH AMERICA
RESOURCES
020200* - Petroleum- Reserves
Geology
& Exploration
294002 - Energy Planning & Policy- Petroleum
292000 - Energy Planning & Policy- Supply
Demand & Forecasting