Transforming Natural Resource Management for a Sustainable Planet
- David MacDonald (BP Exploration) | Julian Hilton (Aleff Group) | David Elliott (Retired) | Sigurd Heiberg (PETRAD) | Harikrishnan Tulsidas (United Nations Economic Commission for Europe) | Charlotte Griffiths (United Nations Economic Commission for Europe)
- Document ID
- Society of Petroleum Engineers
- SPE Annual Technical Conference and Exhibition, 24-26 September, Dallas, Texas, USA
- Publication Date
- Document Type
- Conference Paper
- 2018. Society of Petroleum Engineers
- 1.6.9 Coring, Fishing, 6.6.4 Sustainable Development, 6 Health, Safety, Security, Environment and Social Responsibility, 5 Reservoir Desciption & Dynamics, 2.7.1 Completion Fluids, 5.7 Reserves Evaluation, 6.6 Sustainability/Social Responsibility, 2.7 Completion Fluids, 1.6 Drilling Operations, 2 Well completion, 5.7.6 Reserves Classification
- classification of resource projects, Petroleum Resources Management System, Sustainable Development Goals, United Nations Framework Classification for Resour, transformative resource management
- 4 in the last 30 days
- 255 since 2007
- Show more detail
- View rights & permissions
|SPE Member Price:||USD 9.50|
|SPE Non-Member Price:||USD 28.00|
The global acceptance of the 2030 Agenda for Sustainable Development marked a new era in global development. Natural resources are essential for the attainment of most of the Sustainable Development Goals (SDGs). Why, how, when and where they are discovered, produced, consumed, recovered and re-consumed will define more than any other actions whether we have succeeded and created value. In response, the United Nations Framework Classification for Resources (UNFC) is transforming into a comprehensive and integrated system that can be used for managing these resources in concert to ensure balanced, responsible and resilient development.
UNFC applies to projects in energy, including oil and gas, renewable energy, nuclear fuel resources; minerals; geological storage; and anthropogenic resources. Groundwater will be the next focus. The UNECE Expert Group on Resource Classification, including inter alia the SPE Oil and Gas Reserves Committee and Committee for Mineral Reserves International Reporting Standards have aligned the Petroleum Resources Management System (PRMS), the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) family of codes for solid minerals and the Oil and Fuel Gas Reserves and Resources Classification of the Russian Federation. Alignment to other national systems such as the Chinese petroleum and mineral systems are under development. The Nordic countries (Finland, Norway and Sweden) have developed independent UNFC guidelines for mineral resources. The African Minerals Development Centre has decided to establish a continent-wide system for the management of Africa's oil, gas, mineral and renewable energy endowments, grounded in UNFC but tailored to meet local needs, priorities and circumstances. The Coordinating Committee for Geoscience Programmes in East and Southeast Asia (CCOP): has decided to develop guidelines for adoption of UNFC as the unifying framework in 14 member countries.
UNFC, in its transformation, has incorporated guidelines for social and environmental considerations. These guidelines provide the critical social and environmental basis for classification of resource projects in a manner that allows environmental, social and economic aspects to be in equilibrium. UNFC facilitates transformative resource management for sustainable development recognizing the SDGs as the very core of this development. UNFC is a tool for policymaking, government resource management, business process innovation and financial management and reporting.
Key stakeholders such as governments and companies can build a new narrative for the resource industry by using UNFC in day-to-day management functions. UNFC is a compass to use when navigating the complex landscape of natural endowments, social, economic and sustainability issues to find efficient and effective paths between often competing and sometimes mutually exclusive needs. This paper presents the recent expansion of the UNFC guidance to cover social and environmental impacts as well as the further transformation of the system that is underway to make it a valuable tool in resource management for governments and businesses.
|File Size||854 KB||Number of Pages||10|
http://www.spe.org/industry/docs/Petroleum_Resources_Management_System_2007.pdf Accessed June 9th 2018
http://www.spe.org/industry/petroleum-resources-classification-system-definitions.php Accessed June 9th 2018.
UNECE (1997) United Nations International Framework Classification for Reserves/Resources - Solid Fuels and Mineral Commodities of 1997 (UNFC-1997) http://www.unece.org/energy/se/unfc_fc_sf.html Accessed 9th of June 2018
UNECE. 2013. United Nations Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009 incorporating Specifications for its Application. UNECE Energy Series No. 42. United Nations Economic Commission for Europe (UNECE). Geneva. Retrieved from: https://www.unece.org/fileadmin/DAM/energy/se/pdfs/UNFC/pub/UNFC2009_Spec_ES42.pdf.
UNECE. 2015. Bridging document between the CRIRSCO Template and the UNFC-2009. https://www.unece.org/fileadmin/DAM/energy/se/pdfs/UNFC/UNFC_specs/Revised_CRIRSCO_Template_UNFC_Bridging_Document.pdf.
UNECE. 2017. Bridging Document between the Oil and Fuel Gas Reserves and Resources Classification of the Russian Federation of 2013 and the United Nations Framework Classification for Fossil Energy and Mineral Reserves and Resources 2009 (UNFC-2009). https://www.unece.org/fileadmin/DAM/energy/se/pdfs/UNFC/UNFC_specs/UNFC.RF.BD_e.pdf
UNECE. 2018a. Guidance for accommodating environmental and social considerations in the United Nations Framework Classification for Resources. https://www.unece.org/fileadmin/DAM/energy/se/pp/unfc_egrc/egrc9_apr2018/ece.energy.ge.3.2018.3_e.pdf
UNECE. 2018b. Accommodating Social and Environmental Considerations in the United Nations Framework Classification for Resources: Concepts and Terminology. https://www.unece.org/fileadmin/DAM/energy/se/pp/unfc_egrc/egrc9_apr2018/ece.energy.ge.3.2018.4_e.pdf