| 21. | As of Dec . 31, the company had net proved reserves of 1 . 8 billion barrels of oil equivalents.
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| 22. | Proved reserves as of 2006 were reported to be of oil equivalent ( boe ) with an additional of probable reserves.
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| 23. | Howell said the purchase price works out to $ 5 . 08 a barrel of oil equivalent for the proved reserves.
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| 24. | Qatar's proved reserves of gas are the third-largest in the world, exceeding 250 trillion cubic feet ( 7, 000 km?).
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| 25. | The US Energy Information Administration listed Israel as having 7.0 trillion cubic feet of proved reserves as of 1 January 2015.
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| 26. | Shell announced on Jan . 9 that it was reclassifying 20 percent of its proved reserves to less certain, unproved categories.
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| 27. | In 2009, TNK-BP's total proved reserves replacement ratio reached 329 % according to PRMS methodology ( formerly known as SPE ).
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| 28. | The 2014 reserves represent the largest US proven reserves since 1972, and a 90 % increase in proved reserves since 2008.
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| 29. | The company says its proved reserve replacement ratio is expected to average at least 100 percent for the period 2004 to 2008.
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| 30. | But contrary to concerns of overstated reserves quoted in his article, both shale gas production and shale gas proved reserves have increased.
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