Reserves and Resources
Reserves net to the 70% KOV interest after deduction for royalty
|
RPS RESERVES
|
|||||
|
|
Natural Gas (MMcf) |
NGL (Mbbl) |
MMboe |
Bcfe |
|
|
Total Proved |
21,700.4 |
83.6 |
3.70 |
22.02 |
|
|
Total Proved Plus Probable |
30,772.2 |
142.6 |
5.27 |
31.63 |
|
|
Total Proved Plus Probable Plus Possible |
40,418.8 |
213.0 |
6.95 |
41.70 |
|
Resources are gross to the 70% KOV interest
|
|
RPS CONTINGENT RESOURCES |
RPS PROSPECTIVE RESOURCES |
||||
|
License Area |
Billion Cubic Feet (BCF) |
|||||
|
1C |
2C |
3C |
1C |
2C |
3C |
|
|
Olgovskoye |
3.92 |
15.32 |
3861 |
0.09 |
0.39 |
1.02 |
|
Makeevskoye |
11.27 |
45.44 |
109.58 |
10.67 |
40.71 |
93.83 |
|
North Makeevskoye |
- |
- |
- |
7.78 |
30.23 |
75.04 |
|
Krutogorovskoye |
- |
- |
- |
1.71 |
6.31 |
13.58 |
|
TOTAL |
15.19 |
60.76 |
148.19 |
20.25 |
77.64 |
183.47 |
Oil and Gas Equivalents
Production information is commonly reported in units of barrel of oil equivalent (“boe” or “Mboe” or “MMboe”) or in units of natural gas equivalent (“Mcfe” or (“MMcfe” or (“Bcfe”). However, BOEs or Mcfe’s may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf = 1 barrel, or an Mcfe conversion ratio of 1 barrel = 6 Mcf, is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
