The Joint Committee on Reserves Evaluator Training was formed in 2006. These five sponsors are:
JCORET's primary objective is to provide industry-approved training courses created and/or approved through a peer-review process. A secondary objective is to work toward making training available to evaluators worldwide at a reasonable cost.
The designated areas of training include:
Each sponsoring organization appoints up to three individuals to serve on the committee for up to 3 years. All appointed individuals have many years of experience in reserves evaluation and auditing and have earned the respect of their industry peers.
Annually, the committee elects an at-large chairperson to provide leadership and oversight. The at-large chairperson cannot vote except in the unlikely event of a tie vote. A vice-chair acts in the capacity of chairperson when the chairperson is not able to perform certain duties.
Anyone who wants to serve as a JCORET member should make their interest known to the leadership of one or more of the sponsoring organizations.
| Current Committee | ||||
|---|---|---|---|---|
SPE |
WPC |
AAPG |
SPEE |
SEG |
Brad Gouge |
Anibal Martinez |
Dan Tearpock |
Dan Olds |
Fred Aminzadeh |
Steve McCants |
Ian McDonald |
Samuel Miciotto |
Rod Sidle |
Jamie Robertson |
William Strawbridge |
Renato Bertani |
John Coleman |
John Ritter |
Robert Withers |
Current At-Large Chairperson
Ron Harrell
To approve a course, the committee requires at least two votes from the three sponsor-designated members.
JCORET welcomes participation by, and constructive comments from, anyone in the petroleum evaluation community toward improving and expanding existing courses and in creating/offering additional training courses relative to additional or current training topics.
After the United States Congress passed the Sarbanes-Oxley Act in 2002, significant petroleum reserves writedowns by publicly owned companies, and the collective observations of several independent reserves estimators and auditors led to informal and formal discussions within the industry. The founding organizations selected and authorized representatives to investigate the following:
The representatives found inconsistencies and omissions in the training opportunities available to petroleum reserves and resources evaluators. Some evaluators were privileged to participate in continuing high-quality training programs provided by their employers, while others had few opportunities even though their employers were well-recognized IOCs, NOCs and independent producers. Many independent consultants and commercial training firms were offering training courses of varying quality and content.
