SEC, industry discussion illuminates reserves reporting issues

A recent industry meeting that attempted to clarify US Securities and Exchange Commission (SEC) reserves definitions focused on reservoir formation data and wireline flow testers as a substitute for full production tests, application of seismic to determine downdip hydrocarbon limits, pressure testing to determine gas-water contacts, and oil prices to use in nontraditional fiscal and operating schemes.

Jun 23rd, 2003
Th 126433
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Reserves