Petroleum Resources Management System (PRMS)

Approved by the SPE Board in March 2007, this system for defining reserves and resources was developed by an international group of reserves evaluation experts and endorsed by the World Petroleum Council, the American Association of Petroleum Geologists, the Society of Petroleum Evaluation Engineers, and the Society of Exploration Geophysicists. 

For the moment PRMS is being translated into Russian language. Please, monitor this webpage and you will manage to download the Russian version of PRMS as soon as it is translated.

Guidelines for Application of the Petroleum Resources Management System represent a collaboration of SPE, the American Association of Petroleum Geologists, the Society of Exploration Geophysicists, the Society of Petroleum Evaluation Engineers, and the World Petroleum Council. More than 40 subject-matter experts were involved in writing and review of the guidelines.

To find out more about PRMS and other SPE activities in terms of Petroleum Reserves & Resources Definitions, please visit SPEorg.