SOCAR Starts Estimating Reserves of 27 Fields in the Caspian According to SPE-PRMS Classification
SOCAR (State Oil Company of Azerbaijan) has started estimating reserves of 27 fields in the Azerbaijani sector of the Caspian Sea according to the SPE-PRMS classification. “Within the framework of cooperation with DeGolyer and MacNaughton, the calculation (reserves -IF) of 27 fields in the Azerbaijani sector of the Caspian Sea …
RussNeft: Reserves Addition Amounted to 13.8 Million Tons in 2020-2021, According to the SPE-PRMS Classification
The increase of 2P reserves of PJSC “RussNeft” under SPE-PRMS amounted to 13.8 million tons in 2020-2021. Compensation of the production of the reserves of categories АВ1С1+В2С2 according to the Russian classification in the reporting year amounted to 100%. At the same time, the share of hard-to-recover reserves in the …
Tatneft Announces the Results of its Crude Oil and Gas Reserves Audit as of Year-End 2020
Based on the audit by an independent oil and gas consulting firm Miller & Lents, Ltd. net recoverable oil and gas reserves of Tatneft in accordance with the standards of the Petroleum Resources Management System prepared by the Oil and Gas Reserves Committee of the Society of Petroleum Engineers (SPE-PRMS) …