Tag: SEC

  • Petroleum Reserves in Question

    By: John Mitchell

    Estimates of future production combine information and assumptions about economics, feasible technology and geology. To use reserve estimates sensibly in planning, policy and analysis it is necessary to have some understanding of how they are generated and to have confidence in the integrity of the estimating process. Strict conditions are applied by enterprises reporting ‘proven’ […]

  • Oil & Gas Reserves: Communication with the Financial Sector

    By: John Mitchell , Robert Arnott

    The debate surrounding oil and gas reserves estimates has been addressed by two new briefing papers jointly issued by the Oxford Institute for Energy Studies and the Sustainable Development Programme at Chatham House.  The papers, Petroleum Reserves in Question by John Mitchell and Oil and Gas Reserves: Communication with the Financial Sector by Rob Arnott, […]