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PRMS and SEC Reserves and Resources Regulations (Live Online)

August 8 8:00 AM - August 11 5:00 PM CDT

$1,440.00

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SCA PRMS and SEC Reserves and Resources Regulations (Live Online - 4 Half-Day Sessions / August 08-11, 2022)
$ 1,440.00
30 available

INSTRUCTOR: W. John Lee, PhD
DISCIPLINE: Engineering
COURSE LENGTH: 4 Half-Day Sessions, 8:00AM – 12:00PM CT (16.0 Hours)
August 08-11, 2022
AVAILABILITY: Public, In-House, & Live Online

 
WHO SHOULD ATTEND: Reserves analysts, geologists, geophysicists, reservoir engineers, and managers.

COURSE DESCRIPTION: This course will provide a detailed description of the 2018 PRMS update, including resources classes, categories, and status; resources assessment methods; key changes in the 2018 update (compared to the earlier 2007 PRMS); and navigating in the PRMS document itself.

We will also provide a full description of the modernized SEC reporting regulations, including definitions, reporting requirements, and guidance provided by the SEC staff.

Class time will consist largely of lectures, complemented with topics for group discussion by participants.

LEARNING OUTCOMES:

Following PRMS guidelines, participants will be able to:

  • Place resources into appropriate classifications.
  • Place resources into appropriate categories within classes.
  • Place reserves into appropriate statuses.
  • State key changes in the 2018 PRMS update.
  • Find and use key section of the PRMS document.

 
Following SEC regulations, participants will be able to:

  • Place reserves into appropriate categories.
  • Place reserves into appropriate statuses.
  • Summarize key reserves reporting requirements.
  • Interpret reserves guidance issued by SEC staff.

 
COURSE CONTENT:

  • Fundamentals of PRMS
  • Overview of resources classes and categories
  • Details of resources categories and classes
  • Resources assessment methods
  • Key changes in 2018 PRMS update
  • Navigating in the PRMS document
  • SEC reserves definitions
  • SEC disclosure requirements
  • SEC reserves guidance

 
SAMPLE TOPIC FROM THE CLASS:
“The SEC’s ‘Reliable Technology’ Rule: Where Are We Today?”

“New PRMS Regulations”

Details

Start:
August 8 8:00 AM CDT
End:
August 11 5:00 PM CDT
Cost:
$1,440.00
Event Category:

Venue

Online Course
Phone:
7137892444
Website:
scacompanies.com

Organizer

SCA
Phone:
713-789-2444
Email:
training@scacompanies.com
Website:
scacompanies.com

REGISTRATION POLICY

REGISTRATION should be made at least one month before the start of a course. It is recommended that participants register early due to limited seating. However, we will accept paid registrations up to the last business day before the class, provided there are seats available. Registrants will receive a confirmation email within 48 hours of registration and will receive complete venue information two weeks prior to the first day of class.

As a reminder: your seat in a course is not confirmed until payment is received.

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