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Houston, United States

Arnold G.A.,Offshore Technology Conference | Cavalero S.R.,Offshore Technology Conference | Clifford P.J.,Offshore Technology Conference | Goebel E.M.,Offshore Technology Conference | And 5 more authors.
JPT, Journal of Petroleum Technology | Year: 2010

Traditionally, "reserves season" begins in the fall and occupies many manweeks of effort for most oil and gas companies worldwide. With the new US Security and Exchange Commission (SEC) guidelines for reporting reserves, this activity will become more complicated in the absence of new processes. The concept of continual reserves management is presented, in which reserves are reviewed continually and updated during the year.

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