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DEFINITIONS OF OIL AND GAS RESOURCES (石油和天然气资源的定义)
DEFINITIONS OF OIL AND GAS
RESOURCES AND RESERVES
The Companion Policy to National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities sets out, in Part 2 of Appendix 1,
the reserves definitions derived from Section 5 of Volume 1 of the
Canadian Oil and Gas Evaluation Handbook (COGEH).
To further assist users of NI 51-101, Section 5 of Volume 1 of the
COGEH, Definitions of Resources and Reserves, is attached. (The
Society of Petroleum Evaluation Engineers, Calgary Chapter has
given the Alberta Securities Commission, and users of the Alberta
Securities Commission’s website, authority to reproduce or transmit
Section 5 of Volume 1 of the COGEH.)
The COGEH itself can be obtained from the Petroleum Society of the
Canadian Institute of Mining, Metallurgy and Petroleum, Calgary
Chapter at .
SECTION 5
DEFINITIONS OF RESOURCES AND RESERVES
5-2 Volume 1 — Reserves Definitions and Evaluation Practices and Procedures
TABLE OF CONTENTS
Section 5 DEFINITIONS OF RESOURCES AND RESERVES 5-1
5.1 Introduction5-3
5.2 Definitions of Resources 5-5
5.2.1 Original Resources 5-5
5.2.2 Discovered Resources5-6
a. Reserves 5-6
b. Contingent Resources 5-6
5.2.3 Undiscovered Resources 5-6
a. Prospective Resources 5-7
5.2.4 Discovered and Undiscovered Unrecoverable Resources5-7
5.2.5 Resources Categories 5-7
a. Classification of Resources 5-7
5.3 General Guidelines for Estimation of Resources 5-8
5.4 Definitions of Reserves 5-8
5.4.1 Reserves Categories5-9
a. Proved Reserves5-9
b. Probable Reserves 5-9
c. Possib
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