The Petroleum Resources Management System (PRMS) is a system developed for consistent and reliable classification and categorization of hydrocarbon resources according to technical uncertainty and project maturity and commerciality.

The SPE Oil and Gas Reserves Committee (OGRC) is committed to continuing to provide relevant resources framework to the industry as technology and business drivers change and has received feedback from the public to support the update of the current 2018 PRMS. This SPE live will give an overview of PRMS utilization and its ongoing update.

Speaker: Herman G. Acuña, President at Ryder Scott Company

Moderated by Dan Olds, Managing Senior Vice President at Ryder Scott

What makes SPE membership truly worthwhile? Technical resources, professional development, global networking, and industry recognition—SPE membership offers more than meets the eye. In this month’s column, discover how SPE benefits members at every career stage—and why investing in your membership (or your team’s) pays off long-term.

Energy companies continue to navigate a complex landscape where value creation, volatility management and low- carbon transition must advance in parallel. This SPE Live unites commercial, finance, and reservoir expertise to examine how to allocate capital across conventional barrels, unconventionals, and low-carbon options such as CCS while navigating commodity volatility and policy shifts.

The speakers will explore how subsurface insight informs commercial decisions and how finance teams price risk and option value. The discussion will address portfolio resilience, emissions intensity targets, and pathways to finance CCS. Panelists will also discuss metrics that matter at the board level in 2025 and into 2026, how local geopolitical and fiscal contexts shape decisions, and the collaboration models that help unlock value across operators, midstream, and NOCs.

Moderated by Maryse Jackman, Geoscientist at the Ministry of Energy and Energy Industries

Speakers:

• Amanda Calleberg, Commercial Advisor at Inter Pipeline Ltd.
• Natan Battisti, VP of Finance at Harbour Energy
• Mohamed Mahmoud Abdelrahman, Senior Reservoir Engineer at ADNOC Onshore