Richardkluge

Richardkluge t1_j8hp1te wrote

As others have noted, proved reserves (in the US) should not be used this way. They are a financial definition used to support loans for drilling. You can increase proven reserves by drilling more test wells. USGS estimate of oil reserves for those who are curious: https://www.usgs.gov/news/national-news-release/usgs-announces-largest-continuous-oil-assessment-texas-and-new-mexico

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