SPE's Petroleum Resources Management System (PRMS) 2018 - Highlights of Changes

ABSTRACT of Presentation

 

The Petroleum Resources Management System (PRMS) is a system developed for consistent and reliable definition, classification, and estimation of hydrocarbon resources. The Oil and Gas Reserves Committee has completed the revision of the PRMS and the SPE Board approved it in June 2018. The updated PRMS is a consensus of input collected from consulting and financial firms, government agencies, and E&P companies. 

The 2018 PRMS update maintains the foundation principles contained in the 2007 PRMS and addresses many of the points in need of clarification that have been collected over the years. This presentation will describe the key changes effective in the 2018 update and their impact on reserve evaluation work.  

 

 

MENU
MIXED GREENS WITH HOUSE DRESSING
HONEY CRUSTED ROASTED CHICKEN
 
If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the "Comments" section during the registration process.                                                                                                

Registration & Walk-ins 

All attendees are encouraged to register and pay online for this event.  This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster.  Walk-in space is available on a seat-limited basis at a fee $5 more than the on-line registration fee.

Parking for this event
 
The TOTAL Plaza building (1201 Louisiana Street across from the Houston Hyatt Regency Hotel) is connected to the downtown Houston tunnel system.  Using the tunnel system, those working downtown can walk to our meeting in air-conditioned comfort.
 
If you will drive to this meeting, the following summarizes available parking:
 Valet_parking_at_the_new_Petroleum_Club_location.jpg
The image above shows how to access the valet parking area at the new location of the Petroleum Club. Enter from Milam Street and exit onto Louisiana Street.  Parking fee for this valet parking is $15. Be sure to get discount parking sticker at registration table if you use this valet parking service.
 
Surface parking lots are available to the south of the TOTAL Plaza building (between this building and the former EXXON Building), including one surface lot adjacent to the TOTAL Plaza Building - pay at meter (cost ~ $9).  Other surface lots in the area cost $8 - $9 and they frequently are full by mid-morning.
 
Parking is also available in the Hyatt Regency Hotel parking garage across the street.  Prices vary depending on time in the garage.  Cost for 2 hours of parking is $12.  Parking is also available via valet at the Louisiana Street entrance of the hotel.  Cost is about $10. 
 
 
 

Location: Petroleum Club – Wyatt Suite
1201 Louisiana St, 35th Floor
Houston , Texas 77002

Date: Feb. 14, 2019, 11:30 a.m. - Feb. 14, 2019, 1 p.m.