Reserves Framework


Adapted from the Canadian Oil & Gas Evaluation Handbook and Resources Other Than Reserves update, the AER’s resource classification framework provides guidelines for differentiating Alberta’s unique resources according to trapping mechanism. As shown in Figure R1.1 [Tableau] these broad categories allow the AER to manage each resource independently with reserves assessment methods that are fit for purpose.

The resource classification framework provides guidance for both conventional and unconventional resources and allows for the flexibility needed to begin transitioning legacy, pool-based resources to a modern play-based framework.

Resource Classification