click for larger version
Although it's not discussed often, the issue of “proved reserves,” which are volumes of oil and natural gas that geologic and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions, is a key issue. Have gas drillers, particularly in the Marcellus/Utica, built the inventories of proved reserves to support future production increases to meet demand? The experts of RBN Energy tackle the important issue of replacing reserves in a new post.
To view this content, log into your member account. (Not a member? Join Today!)
