Resources and Reserves Definitions – The Relevant Terminology Used for Analyzing Oil and Gas Companies
To help clarify the different resources and reserves definitions used in analyzing oil and gas companies, this page serves as a reference for understanding the relevant terminology. 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 (SPEE) have agreed … Read more
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