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Aucerna is the global leader in modern software solutions for upstream oil and gas. This glossary of terms was built from thousands of hours of development, drawing from our team’s industry knowledge and combined experience. These glossary terms are instrumental to understanding our industry and to having a common language that connects each and every one of us.
Common Industry Terminology |
PRMS Terminology |
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Abbreviation | Description | PRMS Resource Category Equivalence (from Figure 1.1) | PRMS Maturity sub-Class (from Figure 2.1) |
1P, TP | Proven, Total Proved | P1, Proved, Low, 1P, P90 | Any Reserves sub-class |
2P | Proved + Probable | 2P, Best Estimate, P50, | Any Reserves sub-class |
3P | Proved + Probable + Possible | 3P, High, P10 | Any Reserves sub-class |
P1 | Proved | P1, Proved, Low, 1P, P90 | Any Reserves sub-class |
P2, PB, TPA | Probable, Total Probable Additional; the difference between 2P and 1P | P2, Probable | Any Reserves sub-class |
P3, PS, TPS | Possible, Total Possible Additional; the difference between 3P and 2P | P3, Possible | Any Reserves sub-class |
PDP | Proved Developed Producing | P1, Proved, Low, 1P, P90 | On-Production |
PDNP | Proved Developed Non-Producing | P1, Proved, Low, 1P, P90 | On-Production* |
PD | Proved Developed; the sum of PDP and PDNP | P1, Proved, Low, 1P, P90 | On-Production* |
PUD | Proved Undeveloped | P1, Proved, Low, 1P, P90 | Approved for Development; Justified for Development |
PNP | Proved Non-Producing; the sum of PNP and PUD | P1, Proved, Low, 1P, P90 | Any Reserves sub-class |
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