Kalmykia, Russia — Hydrocarbon-reserve methodology trial
Development and practical application of a methodology for assessing predicted hydrocarbon reserves in deposits — first deployed on a Kalmykia licence area.
Objective
Establish a repeatable, defensible methodology for predicted-reserve calculation that meets international classification standards.
Approach
Combined Stage 2 stationary processing with PRMS-aligned reserve-classification logic; piloted on the 2023 Kalmykia anomaly inventory.
Outcome
Methodology validated and adopted as the basis for the November 2024 Mongolia molybdenum reserve assessment.
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