AAPG and SPEE reserves certification

Eschewing the SPE, the AAPG has teamed with the lesser-known SPEE for its certification program.

The American Association of Petroleum Geologists (AAPG) and the Society of Petroleum Evaluation Engineers (SPEE) have established an Intersociety Exploratory Committee on the potential establishment of a program for the Certification of Petroleum Reserves Evaluators.

Enron scandal

Recognizing concerns since the Enron scandal, recent reserves writedowns and the passing of the Sarbanes-Oxley Act has caused these societies to evaluate the merits, interest and importance of establishing a Voluntary Certification Program for Petroleum Reserves Evaluators.


AAPG representative Dan Tearpock said, ‘There has been a lot of publicity regarding reserves writedowns and concerns about the reliability of disclosures. From the standpoint of oil and gas companies and their investors, to Wall Street and the SEC, reserves are an important part of everyday life in the energy industry.’


The Texas-based Society of Petroleum Evaluation Engineers was established in 1962 to ‘promote petroleum evaluation engineering, to foster the spirit of scientific research among its members, and to disseminate facts pertaining to petroleum evaluation engineering among its members and the public*.’

*Here the SPEE hasn’t done a very good job—this is the first time we’ve come across the organization!

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