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A Suggestion for SEEA classifications of energy resources. Ole Gravgård Pedersen Statistics Denmark Sejrøgade 11 DK 2100 Ø +45 3917 3488 [email protected] Two dimensions relevant for SEEA : Classification by type of energy ressource: Coal, oil, gas, etc. SEEA 2003 :
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Ole Gravgård Pedersen
DK 2100 Ø
+45 3917 3488
SNA 2008: 12.17 …sub-soil assets are defined as those proven subsoil resources … that are economically exploitable, given current technology and relative prices.
New breakdown of EA.11 Mineral and energy - focusing on energy
Alignment with the MFA/product classification?
New SEEA classification based on /aligned with the UNFC classification
Economic and commercial viability (E)
Reflects whether or not there are hindrances to extraction in
the social and economic domain.
Geological knowledge (G)
Reflects the uncertainty in the estimates.
Field project status and feasibility (F)
Ranges from early exploration and research projects, to development, production and abandonment projects.
Use the highest level possible,
i.e. no more details than needed
A. Best estimate of reservesThe experts’ best bid on what will be extracted in the future (50 per cent probability of extraction ?)B. Other reservesStill recoverable, but lower probability of extraction (Based on high bid – 10 per cent probability of extraction ?)C. Other resources
Suggested SEEA classification
Should hypothetical resources (G4) be left out ?
SPE: Society of Petroleum Engineers
CRIRSCO: Committee for Mineral Reserves International Reporting Standards
IAEA/IEA: International Atomic Energy Agency/International Energy Agency).
UNFC: United Nations Framework Classification for Fossil Energy and Mineral Resources
RAR: Reasonable Assured Resources.
EAR: Estimated Additional Resources.
*The part included in A. Best estimate of reserves is those for which suggested extraction costs are lower than US$ 80 per Kg U (1 January 2005).
- Continue cooperation with the UNFC aiming at complete integration
- The UNECE Group of Experts on Harmonization of Fossil Energy and Mineral Resources Terminology (AHGE) is currently working on further harmonizaton of the terminology and a high level version of the UNFC that is largely commodity independent.