Introduction to the Petroleum Resources Management System and the implications for the geophysical community
2012
The Petroleum Resources Management System (PRMS) is designed to provide consistency in estimating natural occurring petroleum quantities, evaluating projects to commercially extract and market derived products, and present results within a comprehensive classification framework. PRMS is the latest result of international efforts to standardize the definitions of petroleum resources and how they are estimated that began in the 1930's.
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