The Society of Petroleum Resources Economists (SPRE) is the first professional international organization specifically dedicated to the business side of the industry a.k.a. “Petroleum Economics” and our focus is Exploration-Production.
Countless professional organizations dedicated to various technical aspects of the industry do exist. Now, if you have been searching, as we have, for a professional organization dedicated to the economic, financial and financial markets side of the Oil and Gas industry, this is it and we welcome you.
Our vision? More efficiently linking economics, finance, financial markets with oil and gas exploration and production to achieve better-integrated teams along the entire value chain. And yes, attain superior stakeholder results and shareholder return maximization for the benefit of all too.
Our purpose is to develop and maintain standards for the profession of Petroleum Resources Economist through knowledge sharing, training, and best practice dissemination, and eventually to develop a certification system for its practitioners.
The SPRE is (re)building creatively, connecting the dots, and forging the missing link between the following words: Society, Petroleum, Exploration, Production, Oil, Gas, Reserves, Resources, Risk, Return, Economics, Finance, Banking and Financial Markets. And maybe a few more.
All in all, others have seen what is and asked why. We, at the SPRE have seen what could be and asked why not.
-The SPRE Team