Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the Production Reserve Ratio Edit View Insert Format Tools Table 12pt Paragraph V Aver Tv| : Total Reserves in millions of BOE (MMBOE) (a)

image text in transcribed
image text in transcribed
Calculate the Production Reserve Ratio Edit View Insert Format Tools Table 12pt Paragraph V Aver Tv| : Total Reserves in millions of BOE (MMBOE) (a) United Latin Middle States America East Total (b) 1,271 (92) 165 11 PROVED DEVELOPED AND UNDEVELOPED RESERVES Balance at December 31, 2015 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2016 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2017 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2018 137 (18) (110) 1,353 109 149 80 849 2,200 3 248 159 2 18 185 2 2 137 (28) (46) (13) (108) (231) 72 981 2,406 16 26 151 8 44 201 5 5 99 (44) (12) (97) (220) 84 959 2,598 (2) 40 56 23 34 294 4 3 7 54 (17) (11) (93) (240) 98 943 2,752 99 (44) (111) 1,555 18 237 54 (17) (136) 1,711 PROVED DEVELOPED RESERVES December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018) PROVED UNDEVELOPED RESERVES December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018 fa Natural nas volumes him hnnn nonton 950 937 1,063 1,202 80 70 79 79 702 1.732 849 1,856 786 1,928 721 2,002 321 416 492 509 COIN 147 132 173 222 468 550 670 750 19 Calculate the Production Reserve Ratio Edit View Insert Format Tools Table 12pt Paragraph V Aver Tv| : Total Reserves in millions of BOE (MMBOE) (a) United Latin Middle States America East Total (b) 1,271 (92) 165 11 PROVED DEVELOPED AND UNDEVELOPED RESERVES Balance at December 31, 2015 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2016 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2017 Revisions of previous estimates (c) Improved recovery Extensions and discoveries Purchases of proved reserves Sales of proved reserves (d) Production Balance at December 31, 2018 137 (18) (110) 1,353 109 149 80 849 2,200 3 248 159 2 18 185 2 2 137 (28) (46) (13) (108) (231) 72 981 2,406 16 26 151 8 44 201 5 5 99 (44) (12) (97) (220) 84 959 2,598 (2) 40 56 23 34 294 4 3 7 54 (17) (11) (93) (240) 98 943 2,752 99 (44) (111) 1,555 18 237 54 (17) (136) 1,711 PROVED DEVELOPED RESERVES December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018) PROVED UNDEVELOPED RESERVES December 31, 2015 December 31, 2016 December 31, 2017 December 31, 2018 fa Natural nas volumes him hnnn nonton 950 937 1,063 1,202 80 70 79 79 702 1.732 849 1,856 786 1,928 721 2,002 321 416 492 509 COIN 147 132 173 222 468 550 670 750 19

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Wiley CPAexcel Exam Review Focus Notes Auditing And Attestation 2022

Authors: Wiley

1st Edition

111984858X, 978-1119848585

More Books

Students also viewed these Accounting questions

Question

10. Describe the relationship between communication and power.

Answered: 1 week ago