Morningstar DBRS Publishes Updated Methodology for Rating Oil & Gas PDP Reserves Asset-Backed Securities

Morningstar DBRS published an updated version of "Rating Oil & Gas PDP Reserves Asset-Backed Securities" (the Methodology).

Morningstar DBRS conducted a periodic review of the Methodology. This update supersedes the previous version published on September 18, 2024, and is effective as of April 30, 2025. Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

Notes:
Morningstar DBRS methodologies are publicly available on its website http://dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit http://dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.