PRESS RELEASES

On November 6 and 7, 2017 DTEK Oil&Gas and DTEK Academy together with Miller & Lents, Ltd., a leading audit company, held a specialized two-day seminar Evaluation of Reserves and Resources under the SPE-PRMS International Classification. The representatives of the largest Ukrainian oil-and-gas and service companies as well as state bodies took part in it. It was the first time such an event was held in Ukraine.

Alexander Gitman, Consulting Reservoir Engineer at Miller & Lents who has 12 years of experience in evaluating oil-and-gas fields under international standards, told the participants about the methods of SPE-PRMS reserve evaluation. Alexander is experienced in non-conventional fields, gas fields with high reservoir pressure, and evaluation of oil fields with water flooding. Miller & Lents, Ltd. evaluated the reserves of many fields in Ukraine, including those of DTEK Oil&Gas.

The SPE-PRMS evaluation of hydrocarbon reserves and resources was created by the global professional community of the oil-and-gas sector: Society of Petroleum Engineers (SPE), American Association of Petroleum Geologists (AAPG) and the World Petroleum Council (WPC). 

“Implementing the SPE-PRMS evaluation system in Ukraine will help attract new investments into the industry, objectify the country’s resource potential and improve the business environment in the oil-and-gas industry,” said Ivan Gafych, Exploration and Prospective Development Director at DTEK Oil&Gas.