About this document
Petroleum Reserve Classification Guide by gorkemerkanli is a document available to read on EtoBox.
The document discusses definitions of reserve classifications from SPE and WPC. SPE definitions are deterministic and classify reserves as proved, probable or possible based on certainty. WPC definitions are probabilistic and define proved reserves as having 90% certainty, proved plus probable as 50% certainty, and proved plus probable plus possible as 10% certainty.
- Author
- gorkemerkanli
- Language
- EN