TAILIEUCHUNG - Linking U.s. Oil And Gas Reserve Estimates

The purpose of this Note is to provide an informed, plausible series of proved reserves and annual reserve changes by type for crude oil and natural gas (dry) that links these two different series of reserve estimates over the late 1970s. It describes the basic differences between the two published series of reserve estimates, explores the possible reasons for differences between the two series, a | A RAND NOTE LINKING . OIL AND GAS RESERVE ESTIMATES Richard Nehring September 1984 N-2049-DOE Prepared for The . Department of Energy 35th rear Rand SANTA MONICA CA. 90406 This research was supported by Contract No. DE-AC01-80-PE70271 with the . Department of Energy Energy Information Administration. The Rand Publications Series The Report is the principal publication documenting and transmitting Rand s major research findings and final research results. The Rand Note reports other outputs of sponsored research for general distribution. Publications of The Rand Corporation do not necessarily reflect the opinions or policies of the sponsors of Rand research. Published by The Rand Corporation A RAND NOTE LINKING . OIL AND GAS RESERVE ESTIMATES Richard Nehring September 1984 N-2049-DOE Prepared for The . Department of Energy 5th Sor Rand SANTA MONICA CA. .

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