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Reserves-to-production ratio – on the reliability of estimates

https://doi.org/10.18599/grs.2022.3.2

Abstract

At present, when estimating the state of the resource base and the general forecast for the development of oil production, ones often operate with the reservesto-production ratio, which reflects, as it is believed, a guaranteed time for involving current recoverable reserves in active development. However, the terms (numbers) differ significantly. In this regard, it seems appropriate to once again discuss the content of the commonly used ratio, the differences in approaches to its estimation and use in our country and abroad, as well as the possibility of using it when forecasting production and the need for an increase in reserves.

About the Authors

A. V. Sokolov
PETROGEKO JSC
Russian Federation

Alexander V. Sokolov – Cand. Sci. (Geology and Mineralogy), Director for Geological Exploration

20, Samotlornaya st., Nizhnevartovsk, Khanty-Mansi Autonomous Area–Yugra, 628606



A. V. Shubina
State Reserves Committee
Russian Federation

Anastasia V. Shubina – Deputy Head of Directorate – Head of Department

Build. 5, 54, Bolshaya Polyanka st., Moscow, 119180



References

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8. Temporary Classification of Reserves and Resources of Oil and Combustible Gases, approved by Order of the Ministry of Natural Resources of Russia (2001). February 7, N 126. (In Russ.)


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For citations:


Sokolov A.V., Shubina A.V. Reserves-to-production ratio – on the reliability of estimates. Georesursy = Georesources. 2022;24(3):10-16. (In Russ.) https://doi.org/10.18599/grs.2022.3.2

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ISSN 1608-5043 (Print)
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