This standard specifies the definitions and classification of the petroleum resources/reserves (herein after referred to as resources/ reserves).
This standard is applicable to estimation, auditing and statistics of resources/reserves, and is also applicable to the approvals of domestic concessions and development plans, transfer of mineral ownership, and the resources/reserves evaluations conducted by third parties for fundraising and financing activities during the petroleum exploration and development.
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Published: 10/01/2004 Number of Pages: 16 File Size: 1 file , 320 KB