Foundation of SPE PRMS
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For PEA Members Only
This foundation workshop teaches you SPE PRMS, the oil and gas industry's standard system for classifying and reporting reserves. You'll learn why hydrocarbons in the ground aren't reserves, why every reserve must be tied to a real project, and how volumes move from discovered to commercial to booked. We use ultra-heavy oil field as a real-world case study to show how it all plays out.
Built for engineers, geologists, and finance teams who work with reserves.
Workshop Objectives
By the end, you'll be able to:
Explain what PRMS is and why it exists
Tell the difference between volumes in place, recoverable volumes, and actual reserves
Apply the four tests every reserve must pass: discovered, recoverable, commercial, remaining
Classify volumes across Prospective Resources, Contingent Resources, and Reserves
Spot the common mistakes that lead to overbooking and lost credibility
About the Presenter
Mr. Biswajit Choudhury is a seasoned Reservoir Engineering Consultant with over 40 years of experience across some of the world's most respected oil and gas organizations, including Shell International, PDO (Petroleum Development Oman), BG Group, and Oil India Limited. A graduate of IIT (ISM) Dhanbad, he has authored 12 peer-reviewed journal publications and has worked across exploration, development, and production phases in multiple global basins.
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For PEA Members Only
Data Science and Applied Machine Learning for Reservoir & Production Engineering
Learn how to apply data science and machine learning techniques to solve real-world reservoir and production engineering challenges using Python. This hands-on workshop is designed for oil and gas professionals looking to work smarter with their data.