CPG Professional Standards & Competencies 2

Question 1

A CPG is asked by a client to certify reserves for a prospect that lacks sufficient well control. What is the appropriate response?

Accepted Answer

Decline to certify and explain that the data is insufficient

Answer

CPGs must decline to certify reserves when data is insufficient to meet professional standards, and should explain the deficiency to the client.

Question 2

Which AAPG Code of Ethics principle addresses a geologist's responsibility to protect public safety?

Accepted Answer

Duty to society

Answer

The duty to society obligates geologists to consider public health, safety, and welfare in their professional work.

Question 3

A CPG discovers mid-project that a colleague fabricated well log data. What is the primary professional obligation?

Accepted Answer

Report the misconduct to appropriate authorities

Answer

CPGs have an ethical duty to report scientific misconduct, including data fabrication, to appropriate professional or regulatory authorities.

Question 4

Under the SPE-PRMS framework, what distinguishes Contingent Resources from Reserves?

Accepted Answer

Contingent Resources lack commercial maturity at the time of reporting

Answer

Contingent Resources are discovered quantities that are not yet commercially mature due to one or more contingencies such as market access or regulatory approval.

Question 5

A CPG working as an independent consultant is offered stock in a company whose reserves he is evaluating. When must this conflict be disclosed?

Accepted Answer

Before accepting the engagement

Answer

Conflicts of interest must be disclosed to all relevant parties before accepting any engagement, not after work has begun.

(CPG) Certified Petroleum Geologist Practice Test

(CPG) Certified Petroleum Geologist Practice Test

CPG Professional Standards & Competencies 2