Since 2005, the economic recoverable oil and gas reserve, a new category of reserve
indicator, has been established in China. The process of the newly increased economic …

The upstream sector of the petroleum industry is divided into two stages--exploration and
development. The geological reserves proven in the exploration stage only reflect the …

The exploration-production integration is one of the contents of cost reduction, efficiency
increase and petroleum system management reform. The exploration shall make full use of …

The past petroleum resource assessments concerned the evaluation of in-place resources
in China, so it was difficult to calculate the recoverable resources using the in-place …

Reserve is the core in overseas oil and gas asset acquisition. Due to the different standards
applied by various resource countries, the reserve evaluation results vary greatly, which will …

China's proven and undeveloped oil reserves increase with time but the undeveloped rate
does not change significantly. As of the end of 2013, the undeveloped reserves in the …

Remaining recoverable reserves, remaining recoverable reserves-production ratio and
remaining recoverable degree are key indices for judging the current development status of …

This paper provides a new method to estimate recovery factors of oil resources. The China
National Petroleum Assessment (2003–2007)(CNPA 2007) evaluates in-place oil resources …

China's proven but undeveloped natural gas reserves account for 36 percent of the country's
total proven reserves for gas fields. Accelerating development of the undeveloped reserves …

The SEC standard for proven reserves has been followed by oil companies listed in the
securities markets of the United States. In conclusion, this standard has ten key aspects …