Oil and Gas Evaluation Handbook
For Engineers Under Development
The Calgary chapter of the Society of Petroleum Evaluation Engineers
(SPEE) is in the process of developing a Canadian Oil and Gas Evaluation
Handbook which will provide guidelines for petroleum evaluation engineers.
The first draft includes general guidelines for application of oil and
gas reserves definitions. Detailed guidelines are still being developed
and are expected to be completed during the next few months.
Use of the handbook is expected to lead to greater consistency and improved
procedures in evaluating and reporting oil and gas reserves and resources.
The guidelines would apply to both internal and independent evaluators.
APEGGA produces professional practice guidelines in a number of areas,
and last year began discussions with SPEE about how its guideline could
serve the needs of the professions through both organizations while also
addressing concerns of the Alberta Securities Commission. Further information
can be obtained by contacting Mike Brusset, P.Eng., Chairman of the SPEE
Standing Committee on Reserves Evaluation in Calgary(403-262-6100/fax
403-265-9807/e-mail firstname.lastname@example.org), or
APEGGA Director of Professional Practice Ray Chopiuk, P. Eng.