Classifications & Categories

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Classifications & Categories

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Notice that to specify the Classification, Category, and Sub-Category for each case on the General Info tab, there is a drop-down menu to choose from, and users cannot type in anything in this field. The list available on this drop-down menu can be customized by going to the Database Settings Ribbon and clicking on Classifications and Categories. Sorting the Case List by Reserve Classification, Category, or Sub-category also mimics the order set up here.

html toggle_plus1 The Difference and Relationship between Categories, Classifications, and Sub-categories

Classification - This describes the commercial certainty of the case. The default classifications are Reserves, Contingent Resources, and Prospective Resources, which translate into Commercial, Sub-Commercial, and Potentially Commercial respectively. Each classification has its own set of categories that describe the technical uncertainty associated with the case. Details of the definitions of each classification, category and sub-category can be found in the PRMS report.

 

Categories - This describes how likely a well or case will be productive or contain hydrocarbons. For Reserves, the cumulative terms low/best/high forecasts are used to estimate the 1P/2P/3P reserve quantities, respectively. For reserves classification, the default categories are Proved, Probable, and Possible. These incremental reserve quantities are determined based on analysis of geoscience and engineering data.

Proved Reserves (P1) are those that "can be estimated with reasonable certainty to be commercially recoverable from known reservoirs and under defined technical and commercial conditions".

Probable Reserves (P2) are "those additional Reserves which are less likely to be recovered than Proved Reserves but more certain to be recovered than Possible Reserves".

Possible Reserves (P3) are "those additional Reserves that are less likely to be recoverable than Probable Reserves".

For Contingent Resources, the cumulative terms low/best/high estimates are used to estimate the 1C/2C/3C quantities, respectively. The terms C1, C2, and C3 are defined for incremental quantities of Contingent Resources.

For Prospective Resources, the cumulative terms low/best/high estimates also apply and are used to estimate the 1U/2U/3U quantities. No specific terms are defined for incremental quantities within Prospective Resources.

 

Database Setting - Classification and Categories  PRMS fig1-1

Resources classification framework from PRMS report.

html toggle_plus1 Where Do I Set Up the Available Classifications and Categories?

Go to the Database Settings Ribbon, click on Classifications and Categories, and click Edit to enter Edit Mode.

Database Setting - Classification and Categories

Adding and Editing the Categories

Some users prefer to classify Probable and Possible under a Blanket "Unproved" category. This could be achieved by adding a new category. To add new Classifications, Categories, and Subcategories, click on the Plus button button next to the available lists. Change the name or abbreviation by double-clicking on it to change it. To delete an item, Hover over the name of it and click on the x-delete icon. Be aware that any Category that is currently assigned to one of the cases in the database cannot be deleted.

Arranging the Categories

Ordering is important - the order of the Categories and Subcategories in the flyouts on the left is the same order that reports will print in when sorting by these fields. To organize the hierarchy of Categories and Subcategories under the Classifications, drag and drop the name of the Categories and Subcategories up or down on the flyout list.

Assigning Categories and Subcategories to a Classification

Use the lists on the left to add Categories and Subcategories to each classification on the right. The Subcategories allows users to choose whether or not to apply hurdles. First, drag and drop the available categories below the classification. Then, drag and drop any Subcategories below each category name.

Database Setting - Classification and Categories 2

To Delete Groups

Hover over the name of the group - click on the x-delete icon to delete. Be aware that any group that is currently in use cannot be deleted.