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As part of this work, SPE offers documents including the Petroleum Resource Management System (PRMS), the PRMS Application Guidelines, as well as a map to other systems, and standards for reserves estimating and auditing.

Dan is a member, and prior chair, of the SPE Oil and Gas Reserves Committee (OGRC) since 2011 and was chair of the PRMS Update Sub-Committee delivering the PRMS 2018.

PRMS classification aids financial planning by providing three levels of reserve estimates (P90, P50, P10), which help manage risk through varied financial scenarios.

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The Oil and Gas Reserves Committee (OGRC) developed the Application Guidelines (AG) to provide practical examples for applying and interpreting the principles of the PRMS.

PRMS provides HCC education to clinicians, office staff or billing departments, educational materials including live or prerecorded webinars, specialty specific content, provider coding tips and more

Since the publication of the updated PRMS in June 2018, the SPE Oil and Gas Reserves Committee (OGRC) has received questions regarding the interpretation of the PRMS’s principles and guidelines.

Professional Risk Management Services (“PRMS”) provides the information contained in this website for general use and information. Information provided is intended to improve clarity on issues regarding psychiatry services and insurance coverage, and related issues regarding those services.

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Please note: Professional Risk Management Services® (“PRMS”) provides the information contained in PRMS U for general use and information. Information provided is intended to improve clarity on issues regarding psychiatry services and insurance coverage, and related issues regarding those services.

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