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Petroleum reserves in question

Subtitle:
OIES paper: SDP BP 04/03
Abstract:
Estimates of future production combine information and assumptions about economics, feasible technology and geology. To use reserve estimates sensibly in planning, policy and analysis it is necessary to have some understanding of how they are generated and to have confidence in the integrity of the estimating process. Strict conditions are applied by enterprises reporting ‘proven’ reserves for financial purposes in the US, but these exclude information about firms’ potential other sources of production.
Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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John Mitchell
Publisher:
Royal Institute of International Affairs Publisher's website
Publication date:
2004
URN:
uuid:6d2b401c-3943-486e-b199-1a6d884de0d1
Local pid:
ora:10526

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