Join our waitlist today and be among the first to know when registration opens for this highly sought-after course.

By signing up, you will receive the following benefits:

  • Early access to course details and schedules
  • Exclusive discounts and promotional offers
  • Priority enrolment for limited spots

About this Training

PRMS (Petroleum Resources Management System) and SEC (U.S. Securities and Exchange Commission) reserves reporting regulations are two distinct frameworks used in the oil and gas industry for reporting hydrocarbon reserves and resources. This course will present the elements of the Petroleum Resources Management System (PRMS) and its resources classification framework, a systematic way of placing all petroleum initially in place in an accumulation into a convenient inventory. Resources are classified based on their probabilities of becoming commercial and placed into categories within classes based on their relative certainty of being produced. We will focus on economic criteria for classification as reserves. We will illustrate application of principles with frequent discussion questions about interpretation of PRMS. This course will also provide a full description of the modernized SEC reporting regulations, including definitions, reporting requirements, and guidance provided by the SEC staff.

    Submit your details




    Please send me more details








    By submitting this form, you hereby agree to the EnergyEdge website terms & conditions
    ** Due to personal privacy considerations, we only accept your business email


    Alternatively contact us on [email protected] or for more details about this course