Calculation of hydrocarbon reserves

Calculation of hydrocarbon reserves

Calculation of hydrocarbon reserves

The calculation (operational calculation) of hydrocarbon reserves is carried out during the exploration and production period, provided that the geological materials submitted for the state examination of the subsurface allow an objective assessment of the quantity and quality of hydrocarbon reserves.

  • The calculation (operational calculation) of hydrocarbon reserves is made in accordance with the regulatory and technical document approved by the authorized body for the study of subsurface resources.
  • The organization of the activities of the GKZ of the Republic of Kazakhstan, its composition, work regulations and record keeping are determined by the regulations on the state commission on mineral reserves of the Republic of Kazakhstan, approved by the authorized body for the study of subsurface resources.