Company Share Reserves | ||||||
---|---|---|---|---|---|---|
Description | Light & Medium Oil (Mbbl) |
Tight Crude Oil (Mbbl) |
Conventional Natural Gas (MMcf) |
Shale Gas (MMcf) |
Natural Gas Liquids (Mbbl) |
Total (Mboe) |
Proved developed producing Proved developed non-producing Proved undeveloped |
220,371 2,941 106,514 |
324 727 9,393 |
377,396 6,172 190,648 |
266,241 47,926 944,099 |
49,224 4,101 104,466 |
377,192 16,786 409,498 |
Total Proved Probable |
329,827 119,065 |
10,444 8,851 |
574,216 242,773 |
1,258,266 877,640 |
157,791 100,163 |
803,475 414,815 |
Total Proved plus Probable | 448,892 | 19,295 | 816,989 | 2,135,906 | 257,954 | 1,218,291 |
|
Before Tax Net Present Value ($MM) (1) Discount Rate | ||||
---|---|---|---|---|---|
Description | 0% | 5% | 10% | 15% | 20% |
Proved developed producing Proved developed non-producing Proved Undeveloped |
9,551 491 9,962 |
7,916 407 6,728 |
6,563 353 4,813 |
5,638 315 3,584 |
4,984 286 2,747 |
Total proved Probable |
20,004 14,061 |
15,051 7,967 |
11,729 5,240 |
9,537 3,754 |
8,016 2,845 |
Total proved plus probable | 34,065 | 23,018 | 16,969 | 13,291 | 10,861 |
(1) Includes abandonment and reclamation costs as defined in NI 51-101 for all of our facilities, pipelines and wells including those without reserves assigned.
RECYCLE RATIO is a key measure of profitability in the oil and gas industry. The ratio is calculated by dividing the profit per barrel of oil by the cost of finding and developing the barrel of oil. Whitecap focuses on PDP recycle ratio as this reflects whether we are generating sufficient cashflow to replace the barrels we are producing, and therefore can grow economically through internally generated cashflow.
Click here for full details and disclaimers on our 2022 year end reserves