RESERVES EVALUATION
Reserve estimations provide a measurement of current
asset potential and value. IWFS can assist clients to
estimate proved, probable and possible oil and gas asset
reserves following U.S. Security Exchange Committee
(SEC) and Society of Petroleum Engineers (SPE) and
Canadian NI 51-101 methodologies.
















Guidelines for the Evaluation of Petroleum Reserves and
Resources - Reserves Definitions SPE/WPC/AAPG

SEC petroleum reserves definitions (Ryder Scott)

SEC reserves booking principles and amendments

SEC oil & gas compliance and disclosure interpretations in
Reg S-X and S-K

Calculating Oil and Gas Reserves: Simmons & Company

The SEC Perspective - Avoiding Reserve Writedowns: SPE
LAFAYETTE APRIL 2007