文档介绍：PetroChina SEC Reserves Estimation Seminar
The Seminar
Introductions
Purpose and Overview
Agenda
SEC Reserves Estimation Seminar
PetroChina
Steve T. Keirstead
Vice President
Petroleum Geologist
Thomas A. Schob
Vice President
Petroleum Geologist
Charles F. Boyette
Vice President
Petroleum Engineer
Purpose of the Seminar
Types of Reserves Classification Systems
. Securities & mission (SEC)
SPE/WPC
. SEC Guideline Specifics
Focus on Reserves/Revenue Estimate Issues
Agenda of the Seminar
SEC Reserves Definitions and Guidelines
Economic Analysis and Reserves Value
Static Estimation Methods
Performance Estimation Methods
Case Studies
What Are Petroleum Reserves ?
Estimated Volumes of:
Crude Oil
Condensate
Natural Gas
Natural Gas Liquids (NGL)
Associated Substances
Reserves Seminar
Why does pany think reserves are important?
Why does pany want to know the reserves?
What will pany do with the reserves once you have determined them?
Reserves Seminar
Why not determine reserves and be done using that estimate?
Reserves change
Data changes
Reserves are produced
Uncertainty in the estimate pany plans change
Economics change
panies Need
Reserves Estimates
Companies are in business to make money and satisfy their investors?
Companies have to manage their assets and meet expectations.
Reserves are the assets of oil & panies.
Laws or regulations require certain disclosures of reserves information.
How Does pany Get Information Ready for the Public
Management
Technical Staff
Commercial Staff
Business Goals, Objectives, and Targets
Asset Plans, Opportunities, and Results