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Reserve replacement ratio

Track whether reserves added keep up with production each year.

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Operations & supply chain
Oil & gasMining

How it's worked out

  • RRR = reserves added ÷ production. R/P = reserves ÷ production
  • Proved reserves on one classification basis (SPE-PRMS)
NoteBelow 100% for several years means the resource base is shrinking.

Source: SPE-PRMS (2018) reserves definitions

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