Determination criterion and the estimation methods for the proved reserves under the US. SEC regulation

doi:10.7623/syxb201609007

Acta Petrolei Sinica ›› 2016, Vol. 37 ›› Issue (9): 1137-1144.DOI: 10.7623/syxb201609007

• Petroleum Exploration • Previous Articles Next Articles

Determination criterion and the estimation methods for the proved reserves under the US. SEC regulation

Wang Yongxiang¹, Duan Xiaowen¹, Xu Xiaolin², Wang Jingrong³, Yuan Zixue³

1. PetroChina Exploration & Production Company, Beijing 100007, China;
2. Langfang Branch, PetroChina Research I nstitute of Petroleum Exploration & Development, Hebei Langfang 065007, China;
3. PetroChina Research Institute of Petroleum Exploration & Development, Beijing 100083, China

Received:2016-06-11 Revised:2016-08-11 Online:2016-09-25 Published:2016-09-30

SEC准则油气证实储量判别标准与评估方法

王永祥¹, 段晓文¹, 徐小林², 王经荣³, 袁自学³

1. 中国石油勘探与生产公司北京 100007;
2. 中国石油勘探开发研究院廊坊分院河北廊坊 065007;
3. 中国石油勘探开发研究院北京 100083

通讯作者: 王永祥,男,1962年11月生,1984年获华东石油学院学士学位,1987年获石油勘探开发科学研究院硕士学位,现为中国石油勘探与生产公司教授级高级工程师,主要从事油气储量评估与管理工作。Email:yxwang@petrochina.com.cn
作者简介:王永祥,男,1962年11月生,1984年获华东石油学院学士学位,1987年获石油勘探开发科学研究院硕士学位,现为中国石油勘探与生产公司教授级高级工程师,主要从事油气储量评估与管理工作。Email:yxwang@petrochina.com.cn
基金资助:
国家矿产资源储量技术标准体系建设项目（CB2015-9-1）资助。

Abstract

Abstract:

The oil and gas reserves reporting rules of the US security and exchange commission (SEC) has become a major reference for many oil companies and interested parties in conducting reserves evaluation, booking and management. Evaluation, booking and disclosure of the proved reserves are mandatory requirements in many stock markets. Based on the author's long-term practice and experiences on reserves estimation work, the SEC oil and gas reserves rules have been highly refined and summarized in this article through the interpretation and comparison of the relevant documents issued by SEC and FASB, COGEH, SPE-PRMS and its application guidelines, international oil companies' estimation handbooks. In this article, the SEC oil and gas reserves classification system has been discussed, criterion of proved reserves has been proposed, and the reserves estimation methods of different exploration and development stages have been summarized. Based on estimation process and proved reserves contents, the basic elements and corresponding estimation methods for the new discoveries and extension, proved developed reserves and proved undeveloped reserves update are analyzed deeply, as well as the impact on the company's net reserves by the contract types and the related financial models. This article is not only a practical guide to carry out SEC oil and gas proved reserves evaluation, but also having a far-reaching influence on existing oil and gas reserves management in China.

Key words: proved reserves, reasonable certainty, development project, estimation methods, regulation, SEC, FASB, SPE-PRMS

摘要：

SEC油气储量准则已成为国际上许多油公司及其相关方进行储量评估、登记和管理工作的主要依据，证实储量的评估、登记与披露是许多证券市场的强制性要求。通过解读和比对SEC和FASB等机构历年发布的相关文件、加拿大油气储量评估手册、SPE-PRMS及其指南以及国际性油公司的评估指南，结合长期的储量评估实践经验，对SEC油气储量准则作了高度提炼和系统总结。探讨了SEC油气储量分类体系，提出了证实储量的判别标准，总结了不同勘探开发阶段储量评估方法；依据评估流程与证实储量的构成，深入分析了扩边与新发现、证实已开发和证实未开发储量更新的各项评估要素与评估方法，以及合同类型与财务模型对公司净储量的影响。本文是开展SEC准则油气证实储量评估的实用性指南，所揭示的证实储量内涵及其评估与管理要求对中国现行油气储量管理工作也将产生深远影响。

关键词: 证实储量, 合理确定性, 开发项目, 评估方法, 标准, SEC, FASB, SPE-PRMS

CLC Number:

TE155

Wang Yongxiang, Duan Xiaowen, Xu Xiaolin, Wang Jingrong, Yuan Zixue. Determination criterion and the estimation methods for the proved reserves under the US. SEC regulation[J]. Acta Petrolei Sinica, 2016, 37(9): 1137-1144.

王永祥, 段晓文, 徐小林, 王经荣, 袁自学. SEC准则油气证实储量判别标准与评估方法[J]. 石油学报, 2016, 37(9): 1137-1144.

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Determination criterion and the estimation methods for the proved reserves under the US. SEC regulation

SEC准则油气证实储量判别标准与评估方法

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