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The Society of Petroleum Evaluation Engineers Fortieth Annual (2021) Survey of Parameters Used in Property Evaluation is now available online!
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Using Digital Rights Management software, we can provide secure subscription-based publications with the ability to view on multiple browsers and devices, capability to highlight text, annotate, bookmark, view offline and print based on the subscription selected.
As of now, only the 2020 and 2021 Survey of Parameters is available in electronic format, but we are working diligently to add previous editions of the surveys as well as the monographs.
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THE PUBLICATIONS BELOW ARE AVAILABLE FOR SALE THROUGH THE SPEE OFFICE:
MONOGRAPH 4: ESTIMATING ULTIMATE RECOVERY OF DEVELOPED WELLS IN LOW-PERMEABILITY RESERVOIRS
The recent growth in unconventional oil and gas production in North America has been followed by the realization estimation methods for conventional reserves are often inadequate for these reservoirs. The industry has responded by developing several methods for unconventional reserves evaluation. Focusing on shales, tight sands and carbonates, and coals, this publication assesses current methods to forecast performance of wells in unconventional reservoirs (UCR’s) given different reservoir types, different completions and different well maturities.
US – $145.00
SURVEY OF ECONOMIC PARAMETERS USED IN PROPERTY EVALUATIONS
A well known and long-standing SPEE publication based on an in-depth survey of reserves and acquisition professionals. Results are presented annually at the SPEE Annual Meeting and then published annually in late spring or early summer – reprints of all years are available.
Example Survey » Example Questionnaire »
US – $135.00 per year (pre 2019)
US – $250.00 per year (2019+)
DISCUSSION AND GUIDANCE ON ETHICS 2018: SPEE ETHICS DOCUMENT
A useful tool both in avoiding ethical challenges, and in addressing the ethical dimension of your day to day practice of petroleum reservoir evaluation.
US – $5.00
MONOGRAPH 3, GUIDELINES FOR THE PRACTICAL EVALUATION OF UNDEVELOPED RESERVES IN RESOURCE PLAYS
SPEE Monograph 3 addresses the issues of determining Proved, Probable, and Possible undeveloped reserves in Resource Plays. The publication presents a practical and useful guide to help the evaluator answer several important questions. Questions like:
1. How do I know when a reservoir is a Resource Play?
2. How can I use probabilistic reserves in a Resource Play?
3. What locations are Proved in a Resource Play?
4. What are ways to approximate Proved reserves in a Resource Play if I need a quick estimate?
Evaluators of Resource Plays designed Monograph 3 to share practical evaluation methods and included many example problems illustrating how to use these methods.
Monograph 3 Errata.PDF
US – $70.00
MONOGRAPH 2, PERSPECTIVES ON THE FAIR MARKET VALUE OF OIL AND GAS INTERESTS
A publication by The Society of Petroleum Evaluation Engineers (SPEE) released in the summer of 2002 at the Society’s annual meeting in Park City, Utah. Estimates of fair market value (FMV) are often required to satisfy financially oriented legal obligations such as estate tax settlements, to determine compensation for property condemnation, and other reasons. The value of oil and gas reserves is usually derived from the future expected or potential revenue to be gained from the sale of produced quantities. The document is geared toward bringing the market for such properties into proper focus. The document conveys perspectives based on observation of the marketplace.
US – $100.00
NO LONGER AVAILABLE - MONOGRAPH 1, GUIDELINES FOR APPLICATION OF PETROLEUM RESERVES DEFINITIONS, OCTOBER 1998
1998. A publication by The Society of Petroleum Evaluation Engineers (SPEE) released in October of 1998. The original Monograph 1 was published in 1988 and was designed to assist industry practitioners in the application of oil & gas reserves approved by SPE and SPEE. This 1998 update maintains the general form and content of the original. Although dated, it remains a useful document showing the reserves evaluation techniques and practices of that time, many of which are still applicable today.