user5895: I have a set of videos created in Premiere Pro C6 and currently I am encoding them in h264 for YT upload. The raws were taken using a Canon 700D @ 720p60.
I was wondering what is the best encoding settings that is available in Premiere Pro that I can use to encode them that is suitable for archive. I would like them to be somewhere along the same size as if it was taken by the 700D. I tried doing a lossless format and my 5min video balloon to 70GB. That's way over the size of the raw file.
I appreciate the help so that I can just store the archive copy in my glacier and delete the rest of the footage in my hard drive rather than uploading every footage I have in the cloud.
Here is what VLC sees on my RAW file if it helps. http://prntscr.com/72kvgb

user1910: The thing is, whatever you do you will still have to re-render your files, they have to be re-encoded. Some small amount of quality degradation/compression, however miniscule, is inevitable. My best advice would simply be to try and match you sequence and render settings as close to the original files as possible, find a file size–quality ratio you feel comfortable with and just go with that.
To give a more practical answer for you specifically: I'd choose "Quicktime" under "Format", "MPEG-4 Video" under "Video" > "Video Codec", click "Match Source" and also drag the "Quality" slider to a 100%. Don't forget to uncheck "Limit data rate..." under "Bitrate settings". Audio settings should be pretty straight-forward.
Remember, these settings are mostly a guess based on the information you've given and some tests I ran on my Mac using Premiere Pro CC 2014 with the codecs I have installed on it. Hopefully someone with more knowledge of codecs/video encoding will pop in and give a more fleshed out answer eventually; but for now I think this is your best bet.

user1950: If you are archiving the video you're not going to get better quality than the original files. So why not just save those and a copy of the project?
To make it easier you can use the project manager File>Project Manager> to save just the media you use in your project (or you can transcode and trim the clips if you wish). Saving the original clips means you can just re-create the project without any generation loss at all, and without the overhead of transcoding.
I'd also save an uncompressed or high quality compressed copy (h.264 at a high data rate or one of the production codecs like ProRes or DNxHD) of the final master for convenience.

If you are talking about long-term archival, as in decades or hundreds of years, then there's a different set of questions to ask regarding the readability of the codec/container in the future, as well as the ability to protect against bitrot and transcription errors, but that's another can of worms.

5895: <p>I have a set of videos created in Premiere Pro C6 and currently I am encoding them in h264 for YT upload. The raws were taken using a Canon 700D @ 720p60.</p>

<p>I was wondering what is the best encoding settings that is available in Premiere Pro that I can use to encode them that is suitable for archive. I would like them to be somewhere along the same size as if it was taken by the 700D. I tried doing a lossless format and my 5min video balloon to 70GB. That's way over the size of the raw file.</p>

<p>I appreciate the help so that I can just store the archive copy in my glacier and delete the rest of the footage in my hard drive rather than uploading every footage I have in the cloud.</p>

<p>Here is what VLC sees on my RAW file if it helps. <a href="http://prntscr.com/72kvgb" rel="nofollow">http://prntscr.com/72kvgb</a></p>
 1910: <p>The thing is, whatever you do you will still have to re-render your files, they have to be re-encoded. Some small amount of quality degradation/compression, however miniscule, is inevitable. My best advice would simply be to try and match you sequence and render settings as close to the original files as possible, find a file size–quality ratio you feel comfortable with and just go with that.</p>

<p>To give a more practical answer for you specifically: I'd choose "Quicktime" under "Format", "MPEG-4 Video" under "Video" > "Video Codec", click "Match Source" and also drag the "Quality" slider to a 100%. Don't forget to uncheck "Limit data rate..." under "Bitrate settings". Audio settings should be pretty straight-forward.</p>

<p>Remember, these settings are mostly a guess based on the information you've given and some tests I ran on my Mac using Premiere Pro CC 2014 with the codecs I have installed on it. Hopefully someone with more knowledge of codecs/video encoding will pop in and give a more fleshed out answer eventually; but for now I think this is your best bet.</p>
 1950: <p>If you are archiving the video you're not going to get better quality than the original files. So why not just save those and a copy of the project?</p>
<p>To make it easier you can use the project manager <strong>File&gt;Project Manager&gt;</strong> to save just the media you use in your project (or you can transcode and trim the clips if you wish). Saving the original clips means you can just re-create the project without any generation loss at all, and without the overhead of transcoding.</p>
<p>I'd also save an uncompressed or high quality compressed copy (h.264 at a high data rate or one of the production codecs like ProRes or DNxHD) of the final master for convenience.</p>
<p><img src="https://i.stack.imgur.com/Zqqql.png" alt="enter image description here" /></p>
<p>If you are talking about long-term archival, as in decades or hundreds of years, then there's a different set of questions to ask regarding the readability of the codec/container in the future, as well as the ability to protect against bitrot and transcription errors, but that's another can of worms.</p>
