PRMS Guidelines definition
PRMS Guidelines means the Guidelines for Application of the Petroleum Resources Management System November 2011 sponsored by Society of Petroleum Engineers, American Association of Petroleum Geologists, World Petroleum Council, Society of Petroleum Evaluation Engineers and Society of Exploration Geophysicists;
PRMS Guidelines means version 1.3 of the Petroleum Resources Management System Guidelines as revised at June 2018 (or a superseding version) and the Society of Petroleum Engineers 2011 Petroleum Resources Management System Application Guidelines.