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

Journal Article · · JPT, Journal of Petroleum Technology; (United States)
DOI:https://doi.org/10.2118/25828-PA· OSTI ID:6374683
;  [1];
  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), Journal Name: JPT, Journal of Petroleum Technology; (United States) Vol. 45:9; ISSN 0149-2136; ISSN JPTJAM
Country of Publication:
United States
Language:
English