Resources and Reserves Definitions – The Relevant Terminology Used for Analysing Oil and Gas Companies
In order to distinguish the different resources and reserves definitions I have created this page as a reference for understanding the relevant terminology used for analysing oil and gas companies. The Society of Petroleum Engineers (SPE), the American Association of Petroleum Geologists (AAPG), the World Petroleum Council (WPC) and the Society of Petroleum Evaluation Engineers … Read more