| 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 |
191,107 2,377 100,277 |
620 - 9,185 |
339,901 5,092 161,391 |
338,367 44,901 1,012,874 |
62,358 4,427 118,664 |
367,131 15,136 423,836 |
| Total Proved Probable |
293,761 100,605 |
9,805 6,200 |
506,384 197,985 |
1,396,141 916,748 |
185,449 104,520 |
806,103 397,114 |
| Total Proved plus Probable | 394,366 | 16,005 | 704,369 | 2,312,889 | 289,969 | 1,203,216 |
|
|
Before Tax Net Present Value ($MM) (1) Discount Rate | ||||
|---|---|---|---|---|---|
| Description | 0% | 5% | 10% | 15% | 20% |
| Proved developed producing Proved developed non-producing Proved Undeveloped |
7,388 390 7,560 |
6,455 305 4,969 |
5,439 253 3,417 |
4,711 218 2,425 |
4,186 192 1,756 |
| Total proved Probable |
15,337 10,800 |
11,729 6,024 |
9,109 3,967 |
7,354 2,877 |
6,133 2,217 |
| Total proved plus probable | 26,138 | 17,752 | 13,076 | 10,230 | 8,351 |
(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 2024 year end reserves
