TIMELINE OF MAJOR MILESTONES

SPEE Major Milestones

SPEE in the 1960's

1962 | SPEE chartered by the State of Texas.

1963 | Founding leadership begins formal service to the Society.

SPEE in the 1980's

1982 | SPEE begins annual survey of evaluation parameters.

1984 | SPEE initiates major reserve definitions effort.

1987 | SPE and SPEE approve revised oil and gas reserve definitions.

1988 | SPEE publishes Monograph I.

1987 - 1988 | SPEE celebrates 25th anniversary and begins formal history preservation.

SPEE in the 1990's

1990 | Midland Chapter established.

1993 | Oklahoma City Chapter established.

1993 | SPEE membership exceeds 400.

1993 | Strategic Long-Range Plan developed.

1995 - 1996 | SPEE launches early internet presence.

1998 - 1999 | Updated Monograph I becomes available.

1999 | SPEE membership exceeds 500.

1999 | Production Tax Study posted on SPEE website.

SPEE in the 2000's

2001 | Recommended Engineering Practices program approved.

2001 | Survey of Economic Parameters modernized and distributed with historical surveys on CD.

2002 | SPEE releases Perspectives on Fair Market Value of Oil and Gas Interests.

2002 - 2004 | SPEE/SEC reserve-definition forum series becomes a major professional dialogue.

2004 | SPEE develops Discussion and Guidance on Ethics.

2004 | SPEE participates in intersociety discussions on certification of petroleum reserve evaluators.

2006 - 2007 | SPEE participates in JCORET and PRMS development.

2007 | SPEE co-sponsors the International Multidisciplinary Reserves Conference.

2007 | Bylaw amendments support international chapter growth and broader membership access.

2008 | SPEE marks 45 years and reflects on PRMS, JCORET, internationalization, and website/newsletter modernization.

SPEE in the 2010's

2013 | SPEE holds 50th Annual Meeting.

2013 - 2014 | Ethics columns and ethics programming continue.

2014 | SPEE publishes and trains around Monograph 3; Monograph 4 advances.

2014 | Annual Meeting shows growing international participation.

2018 | SPEE supports 2018 PRMS update and begins website redesign planning.

2018 | SPEE approves a detailed Grievance Procedure document.

SPEE in the 2020's

2020 - 2021 | COVID-19 disrupts in-person meetings; SPEE holds virtual business meeting.

2021 | Asia Pacific and Latin America chapter development advances.

2022 | SPEE returns to in-person Annual Meeting in Napa.

2023 | SPEE recognizes Internet Committee contributors for new website work.

2024 - 2025 | SPEE continues technical training, Monograph 5 work, PRMS/COGEH/UNECE participation, and global chapter activity.

Society of Petroleum Evaluation Engineering

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