### Application of the Dispersive Discovery Model

cross-posted from The Oil Drum (go there for a better formatted post)

Sometimes I get a bit freaked out by the ferocity and doggedness of the so-called global warming deniers. The latest outpost for these contrarians, climateaudit.org, shows lots of activity, with much gnashing over numbers and statistics, with the end result that they get a science blog of the year award (a 1^{st} place tie actually). Fortunately, the blog remains open to commenting from both sides of the GW argument, which if nothing else makes it a worthy candidate for some type of award. Even though I don't agree with the nitpicking approach of the auditors, they do provide peer review for strengthening one's arguments and theories. I can only hope that this postÂ¬ on oil depletion modeling attracts the same ferocity from the peak oil deniers out there. Unfortunately, we don't have a complementary "*oil depletion audit*" site organized yet, so we have to rely on the devil's advocates on TOD to attempt to rip my **Application of the Dispersive Discovery Model** to shreds. Not required, but see my previous post Finding Needles in a Haystack to prime your pump.

### A Premise In Regards To The Pyramid

I start with one potentially contentious statement: roughly summarized as "**big oil reserves are NOT necessarily found first**". I find this rather important in terms of the recent work that Khebab and Stuart have posted. As Khebab notes

*"almost half of the world production is coming from less than 3% of the total number of oilfields"*. So the intriguing notion remains, when do these big oil finds occur, and can our rather limited understanding of the discovery dynamics provide the Black Swan moment

^{1 }that the PO denialists hope for? For a moment, putting on the hat of a denier, one could argue that we have no knowledge as to whether we have found all the super-giants, and that a number of these potentially remain, silently lurking in the shadows and just waiting to get discovered. From the looks of it, the USGS has some statistical confidence that these exist and can make a substantial contribution to future reserves. Khebab has done interesting work in duplicating the USGS results with the potential for large outliers -- occurring primarily from the large variance in field sizes provided by the log-normal field size distribution empirically observed.

But this goes against some of the arguments I have seen on TOD which revolve around some intuitive notions and conventional wisdom of always finding big things first. Much like the impossibility of ignoring the elephant in the room, the logical person would infer that of course we would find big things first. This argument has perhaps tangential scientific principles behind it, mainly in mathematical strategies for dealing with what physicists call scattering cross-sections and the like. Scientifically based or not, I think people basically latch on to this idea without much thought.

But I have still have problems with the conventional contention, primarily in understanding what would cause us to uniformly find big oil fields first. On the one hand, and in historic terms, early oil prospectors had no way of seeing everything under the earth; after all, you can only discover what you can see (another bit of conventional wisdom). So this would imply as we probe deeper and cast a wider net, we still have a significant chance of discovering large oil deposits. After all, the mantle of the earth remains a rather large volume.

On the the same hand, the data does not convincingly back up the early discovery model. Khebab's comment section noted the work of Robelius. Mr. Robelius dedicated graduate thesis work to tabulating the portion of discoveries due to super-giants and it does in fact appear to skew to earlier years than the overall discovery data. However, nothing about the **numbers **of giant oil fields found appears skewed about the peak as shown in **Figure 2** below:

**Figure 2: Robelius data w/ASPO total superimposed**

Figure 3: Discovery data of unknown origins |

As is typical of discovery data, I do spot some inconsistencies in the chart as well. I superimposed a chart provide by Gail of total discoveries due to ASPO on top of the Robelius data and it appears we have an inversion or two (giants > total in the 1920's and 1930's). Another graph from unknown origins (**Figure 3**) has the same 62% number that Robelius quotes for big oil contribution. Note that the number of giants before 1930 probably all gets lumped at 1930. It still looks inconclusive whether a substantial number of giants occurred earlier or whether we can attach any statistical significance to the distribution.

The controversial "BOE" discovery data provided by Shell offers up other supporting evidence for a more uniform distribution of big finds. As one can see in **Figure 4** due to some clearly marked big discoveries in the spikes at 1970 and 1990, the overall discovery ordering looks a bit more stationary. Unfortunately, I have a feeling that the big finds marked come about from unconventional sources. Thus, you begin to understand the more-or-less truthful BOE="barrel of oil equivalent" in small lettering on the y-axis (wink, wink). And I really don't understand what their "Stochastic simulation" amounts to -- a simple moving average perhaps? --- Shell Oil apparently doesn't have to disclose their methods (wink, wink, wink).

Given the rather inconclusive evidence, I contend that I can make a good conservative assumption that the size of discoveries remains a stationary property of any oil discovery model. This has some benefits in that the conservative nature will suppress the pessimistic range of predictions, leading to a best-case estimate for the future. Cornucopians say that we will still find big reservoirs of oil somewhere. Pessimists say that historically we have always found the big ones early.

In general, the premise assumes no bias in terms of when we find big oil, in other words we have equal probability of finding a big one at any one time.

### Two Peas to the Pod

For my model of oil depletion I intentionally separate the Discovery Model from the Production Model. This differs from the unitarians who claim that a single equation, albeit a heuristic one such as the Logistic, can effectively model the dynamics of oil depletion. From my point-of-view, the discovery process remains orthogonal to the subsequent extraction/production process, and that the discovery dynamics acts as a completely independent stimulus to drive the production model. I contend that the two convolved together give us a complete picture of the global oil depletion process.*dispersion*for the name of this discovery model to concisely describe the origin of its derivation. In the natural world, dispersion comes about from a range of rates or properties that affect the propagation of some signal or material (see the animated GIF in

**Figure 5**). In terms of oil discovery dispersion, I model physical discovery as a maximum entropy range of rates that get applied to a set of exploratory processes. Some of these proceed slowly, others more quickly, while the aggregate shows dispersion. This dispersion becomes most evident on the far side of the discovery peak. I maintain that the gist of the idea remains remarkably simple, but still have not found any other references to something similar to Dispersive Discovery.

As for the Production Model, I continue to stand by the Oil Shock Model as a valid pairing to the Dispersive Discovery model. The Shock Model will take as a forcing function basically any discovery data, including real data or, more importantly, a model of discovery. The latter allows us to make the critical step in using the Shock Model for *predictive* purposes. Without the extrapolated discovery data that a model will provide, the Shock Model peters out with an abrupt end to forcing data, which usually ends up at present time (with no reserve growth factor included).

As for the main premise behind the Shock Model, think in terms of rates acting on volumes of found material. To 1^{st}-order, the depletion of a valuable commodity scales proportionately to the amount of that commodity on hand. Because of the stages that oil goes through as it starts from a fallow, just-discovered reservoir, one can apply the Markov-rate law through each of the stages. The Oil Shock Model essential acts as a 4^{th}-order low pass filter and removes much of the fluctuations introduced by a noisy discovery process (see next section). The "Shock" portion comes about from perturbations applied to the last stage of extraction, which we can use to model instantaneous socio-political events. I know the basic idea behind the Oil Shock Model has at least some ancestry; take a look at "compartmental models" for similar concepts, although I don't think anyone has seriously applied it to fossil fuel production and nothing yet AFAIK in terms of the "shock" portion (Khebab has since applied it to a hybrid model).

### Dispersive Discovery and Noise

^{2}, from none other than Mr. Hubbert himself, I decided to deal with it (

*hat tip to Jerry McManus who contributed an interesting bit of data to a*

*TOD discussion started by Luis de Sousa*

*. He dug the chart in*

*Figure 6**out of an old Hubbert article from some library stacks showing a histogram of USA discoveries plotted against cumulative drilled footage*). If nothing else, I believe a set of intermediate results further substantiates the validity of the model. In effect, the stage-1 part of the derivation benefits from a "show your work" objective evaluation, which strengthens the confidence level of the final result. Lacking a better analogy, I would similarly feel queasy if I tried to explain why rain regularly occurs if I could not simultaneously demonstrate the role of evaporation in the weather cycle. And so it goes with the oil discovery life-cycle, and arguably any other complex behavior.

The shape of the curve that Jerry found due to Hubbert has the characteristic of a cumulative dispersive swept region in which we remove the time dependent growth term, retaining the strictly linear mapping needed for the histogram, see the n=1 term in

**Figure 7**below:

**Figure 7: Order n=1 gives the cumulative swept volume mapped linearly to time**

For the solution, we get:

wheredD/dh = c * (1-exp(-k/h)*(1+k/h))

`h`

denotes the cumulative depth.I did a quickie overlay with a scaled dispersive profile, which shows the same general shape (

**Figure 8**).

**Figure 8: Hubbert data mapping delta discoveries to cumulative drilled footage**

The

`k`

term has significance in terms of an effective URR as I described in the dispersive discovery model post. I eyeballed the scaling as k=0.7e9 and c=250, so I get 175 instead of the 172 that Hubbert got.To expand in a bit more detail, the basic parts of the derivation that we can substantiate involve the

*L-bar*calculation in the equations in

**Figure 9**below (originally from):

**Figure 9: Derivation of the Dispersed Discovery Model**

The key terms include

*lambda*, which indicates cumulative footage, and the

*L-bar*, which denotes an average cross-section for discovery for that particular cumulative footage. This represents Stage-1 of the calculation -- which I never verified with data before -- while the last lines labeled "Linear Growth" and "Parabolic Growth" provide examples of modeling the Stage-2 temporal evolution.

Since the results come out naturally in terms of cumulative discovery, it helps to integrate Hubbert's yearly discovery curves. So

**Figure 10**below shows the cumulative fit paired with the yearly (the former is an integral of the latter):

I did a least-squares fit to the curve that I eyeballed initially and the discovery asymptote increased from my estimated 175 to 177. I've found that generally accepted values for this USA discovery URR ranges up to 195 billion barrels in the 30 years since Hubbert published this data. This, in my opinion, indicates that the model has potential for good predictive power.

**Figure 11**). Interesting that if we fit the cumulative discovery data to the naive exponential, the curve seems to match very well on the upslope (see

**Figure 12**below) but that the asymptote arrives way too early, obviously missing all the dispersed discoveries covered by the alternative model. The dispersive discovery adds a good 20% extra reaching an asymptote of 1130, coming much closer to the value from NETL of 1190 (see footnote

^{3 }).

Although a bit unwieldy, one can linearize the dispersive discovery curves, similar to what the TOD oil analysts do with Hubbert Linearization. In Figure 13, although it swings wildly initially, I can easily see the linear agreement, with a correlation coefficient very nearly one and a near zero extrapolated y-intercept. (note that the naive exponential that Hubbert used in

**Figure 11**for NG overshoots the fit to better match the asymptote but still falls short of the alternative model's asymptote,

*and which also fits the bulk of the data points much better*)

Every bit of data tends to corroborate that the dispersive discovery model works quite effectively in both providing an understanding on how we actually make discoveries in a reserve growth fashion and in mathematically describing the real data.

So at a subjective level, you can see that the cumulative ultimately shows the model's strengths, both from the perspective of the generally good fit for a 2-parameter model (asymptotic value + cross section efficiency of discovery), but also in terms of the creeping reserve growth which does not flatten out as quickly as the exponential does. This slow apparent reserve growth matches

*empirical-reality*remarkably well. In contrast, the quality of Hubbert's exponential fit appears way off when plotted in the cumulative discovery profile, only crossing at a few points and reaching an asymptote well before the dispersive model does.

But what also intrigued me is the origin of noise in the discovery data and how the effects of super fields would affect the model. You can see the noise in the cumulative plots from Hubbert above (see **Figures 6 & 11** even though these also have a heavy histogram filter applied) and also particularly in the discovery charts from Laherrere in **Figure 14** below.

**Figure 14: Unfiltered discovery data from Laherrere**

If you consider that the number of significant oil discoveries runs in the thousands according to The Pyramid (

**Figure 1**), you would think that noise would abate substantially and the law of large numbers would start to take over. Alas, that does not happen and large fluctuations persist, primarily because of the large variance characteristic of a log-normal size distribution. See Khebab's post for some extra insight into how to apply the log-normal, and also for what I see as a fatal flaw in the USGS interpretation that the log-normal distribution necessarily leads to a huge uncertainty in cumulative discovery in the end. From everything I have experimented with, the fluctuations do average out in the cumulative sense,

**if**you have a dispersive model underlying the analysis, of which the USGS unfortunately leave out.

The following pseudo-code maps out the Monte Carlo algorithm I used to generate statistics (this uses the standard trick for inverting an exponential distribution and a more detailed one for inverting the **Erf()** which results from the cumulative Log-Normal distribution). This algorithm draws on the initial premise that fluctuations in discovering is basically a stationary process, and remains the same over the duration of dicovery.

**L0**(the maximum depth/voulume for finding something), then cumulatively you can only scale to a

**L0**ceiling. This generates an asymptote similar to a URR. Otherwise, you will find discoveries within the mean depth multiplied by the random variable probe,

**H*Lambda**

*,*below. This gives you a general idea of how to do a stochastic integration. Remember, we only have an average idea of what probe depth we have, which gives us the dispersion on the amount discovered.

Basic algorithmic steps:1 for Count in 1..Num_Paths loop

Lambda (Count) := -Log (Rand);

end loop;

2 while H < Depth loop

H := H + 1.0;

Discovered := 0;

3 for Count in 1 .. Num_Paths loop

4 if H * Lambda(Count) < L0 then

5 LogN := exp(Sigma*Inv(Rand))/exp(Sigma*Sigma/2.0);

6 Discovered := Discovered + Lambda(Count) * LogN;

end if;

end loop;

7 -- Print H + Discovered/Depth or Cumulative Discoveries

end loop;

- Generate a dispersed set of paths that consist of random lengths normalized to a unitary mean.
- Start increasing the mean depth until we reach some artificial experimental limit (much larger than L0).
- Sample each path within the set.
- Check if the scaled dispersed depth is less than the estimated maximum depth or volume for reservoirs, L0.
- Generate a log-normal size proportional to the dimensionless dispersive variable Lambda
- Accumulate the discoveries per depth
- If you want to accumulate over all depths, you will get something that looks like
**Figure 15**.

The series of MC experiments in

**Figures 16-22**apply various size sampling distributions to the Dispersive Discovery Monte Carlo algorithm

^{4}. For both a uniform size distribution and exponential damped size distribution, the noise remains small for sample sets of 10,000 dispersive paths. However, by adding a log-normal size distribution with a large variance (log-sigma=3), the severe fluctuations become apparent for both the cumulative depth dynamics and particularly for the yearly discovery dynamics. This, I think, really explains why Laherrere and other oil-depletion analysts like to put the running average on the discovery profiles. I say, leave the noise in there, as i contend that it tells us a lot about the statistics of discovery.

**Figure 16: Dispersive Discovery Model mapped into Hubbert-style cumulative efficiency. The Monte Carlo simulation in this case is only used to verify the closed-form solution as a uniform size distribution adds the minimal amount of noise, which is sample size limited only.**

**Figure 17: Dispersive Discovery Model with Log-Normal size distribution. This shows increased noise for the same sample size of N=10000.**

**Figure 18: Same as Fig. 19, using a different random number seed**

**Figure 19: Dispersive Discovery Model assuming uniform size distribution**

**Figure 20: Dispersive Discovery Model assuming log-normal size distribution**

**Figure 21: Dispersive Discovery Model assuming log-normal size distribution. Note that sample path size increased by a factor of 100 from Figure 20. This reduces the fluctuation noise considerably.**

**Figure 22: Dispersive Discovery Model assuming exponentially damped size distribution. The exponential has a much narrower variance than the log-normal.**

**Figure 2**) which combines data from Robelius and a chart by Gail the Actuary obviously sums up cumulatively for each decade, which definitely reduces the overall fluctuations. However the one from Shell appears to have a fairly severe lagged moving average, resulting in the discovery peak shifting right quite a bit. The plot supplied by Khebab in

**Figure 23**shows little by way of filtering and includes superimposed backdating results.

**Figure 24**has a 3-year moving average, which I believe came from the unfiltered curve due to Laherrere shown in

**Figure 14**.

I figure instead of filtering the data via moving averages, it might make more sense to combine discovery data from different sources and use that as a noise reduction/averaging technique. Ideally I would also like to use a cumulative but that suffers a bit from not having any pre-1900 discovery data.

**Figure 23: Discovery Data plotted with minimal filtering**

**Figure 24: Discovery Data with a 3-year moving average**

### Application of the Dispersive Discovery + Oil Shock Model to Global Production

In

**Figure 2**, I overlaid a Dispersive Discovery fit to the data. In this section of the post, I explain the rational for the parameter selection and point out a flaw in my original assumption when I first tried to fit the Oil Shock Model a couple of years ago.

Jean Laherrere of ASPO France last year presented a paper entitled "Uncertainty on data and forecasts". A TOD commenter had pointed out the following figures from Pp.58 and 59:

**Figure 25: World Crude Discovery Data**

**Figure 26: World Crude Discovery Data**

I eventually put two and two together and realized that the NGL portion of the data really had little to do with typical crude oil discoveries; as finding oil only occasionally coincides with natural gas discoveries. Khebab has duly noted this as he always references the Shock Oil model with the caption "Crude Oil + NGL". Taking the hint, I refit the shock model to better represent the lower peak of crude-only production data. This essentially scales back the peak by about 10% as shown in the second figure above. I claim a mixture of ignorance and sloppy thinking for overlooking this rather clear error.

So I restarted with the assumption that the discoveries comprised only crude oil, and any NGL would come from separate natural gas discoveries. This meant that that I could use the same discovery model on discovery data, but needed to reduce the overcompensation on extraction rate to remove the "phantom" NGL production that crept into the oil shock production profile. This essentially will defer the peak because of the decreased extractive force on the discovered reserves.

I fit the discovery plot by Laherrere to the dispersive discovery model with a cumulative limit of 2800 GB and a cubic-quadratic rate of 0.01 (i.e n=6 for the power-law). This gives the blue line in

**Figure 27**below.

**Figure 27: Discovery Data + Shock Model for World Crude**

For the oil shock production model, I used {fallow,construction,maturation} rates of {0.167,0.125,0.1} to establish the stochastic latency between discovery and production. I tuned to match the shocks via the following extraction rate profile:

**Figure 28: Shock profile associated with Fig.27**

As a bottom-line, this estimate fits in between the original oil shock profile that I produced a couple of years ago and the more recent oil shock model that used a model of the perhaps more optimistic Shell discovery data from earlier this year. I now have confidence that the discovery data by Shell, which Khebab had crucially observed had the cryptic small print scale

**"boe"**(i.e.

*barrels of oil equivalent*), should probably better represent the total Crude Oil + NGL production profile. Thus, we have the following set of models that I alternately take blame for (the original mismatched model) and now dare to take credit for (the latter two).

Original Model(peak=**2003**) < No NGL(peak=**2008**) < Shell data of BOE(peak=**2010**)

I still find it endlessly fascinating how the peak position of the models do not show the huge sensitivity to changes that one would expect with the large differences in the underlying URR. When it comes down to it, shifts of a few years don't mean much in the greater scheme of things. However, how we conserve and transition on the backside will make all the difference in the world.

### Production as Discovery?

In the comments section to the dispersive oil discovery model post, Khebab applied the equation to USA data. As the model should scale from global down to distinct regions, these kinds of analyses provide a good test to the validity of the model.

In particular, Khebab concentrated on the data near the peak position to ostensibly try to figure out the potential effects of reserve growth on reported discoveries. He generated a very interesting preliminary result which deserves careful consideration (if Khebab does not pursue this further, I definitely will). In any case, it definitely got me going to investigate data from some fresh perspectives. For one, I believe that the Dispersive Discovery model will prove useful for understanding reserve growth on individual reservoirs, as the uncertainty in explored volume plays in much the same way as it does on a larger scale. In fact I originally proposed a dispersion analysis on a much smaller scale (calling it Apparent Reserve Growth) before I applied it to USA and global discoveries.

As another example, after grinding away for awhile on the available USA production and discovery data, I noticed that over the larger range of USA discoveries, i.e. inferring from production back to 1859, the general profile for yearly discoveries

*would not*affect the production profile that much on a semi-log plot. The shock model extraction model to first order shifts the discovery curve and broadens/scales the peak shape a bit -- something fairly well understood if you consider that the shock model acts like a phase-shifting IIR filter. So on a whim, and figuring that we may have a good empirical result, I tried fitting the USA

*production*data to the

*dispersive discovery*model, bypassing the shock model response.

I used the USA production data from EIA which extends back to 1859 and to the first recorded production out of Titusville, PA of 2000 barrels (see for historical time-line). I plotted this in

**Figure 29**on a semi-log plot to cover the substantial dynamic range in the data.

**Figure 29: USA Production mapped as a pure Discovery Model**

This curve used the n=6 equation, an initial t_0 of 1838, a value for k of 0.0000215 (in units of 1000 barrels to match EIA), and a D

_{d}of 260 GB.

D(t) = ktThe peak appears right around 1971. I essentially set P(t) = dD(t)/dt as the model curve.^{6}*(1-exp(-D_{d}/kt^{6}))

dD(t)/dt = 6kt^{5}*(1-exp(-D_{d}/kt^{6})*(1+D_{d}/kt^{6}))

**Figure 30**off of an honors thesis, look at the date of the reference!)

Stuart Staniford of TOD originally tried to fit the USA curve on a semi-log plot, and had some arguable success with a Gaussian fit. Over the dynamic range, it fit much better than a logistic, but unfortunately did not nail the peak position and didn't appear to predict future production. The gaussian also did not make much sense apart from some hand-wavy central limit theorem considerations.

Even before Staniford, King Hubbert gave the semi-log fit a try and perhaps mistakenly saw an exponential increase in production from a portion of the curve -- something that I would consider a coincidental flat part in the power-law growth curve.

**Figure 31: World Crude Discovery Data**

### Conclusions

The Dispersive Discovery model shows promise at describing:- Oil and NG discoveries as a function of cumulative depth.
- Oil discoveries as a function of time through a power-law growth term.
- Together with a Log-Normal size distribution, the statistical fluctuations in discoveries. We can easily represent the closed-form solution in terms of a Monte Carlo algorithm.
- Together with the Oil Shock Model, global crude oil production.
- Over a wide dynamic range, the overall production shape. Look at USA production in historical terms for a good example.
- Reserve growth of individual reservoirs.

### References

^{1}"The Black Swan: The Impact of the Highly Improbable" by Nassim Nicholas Taleb. The discovery of a black swan occurred in Australia, which no one had really explored up to that point. The idea that huge numbers of large oil reservoirs could still get discovered presents an optical illusion of sorts. The unlikely possibility of a huge new find hasn't as much to do with intuition, as to do with the fact that we have probed much of the potential volume. And the maximum number number of finds occur at the peak of the dispersively swept volume. So the possibility of finding a Black Swan becomes more and more remote after we explore everything on earth.

^{2}These same charts show up in an obscure Fishing Facts article dated 1976, where the magazine's editor decided to adapt the figures from a Senate committee hearing that Hubbert was invited to testify to.Fig. 5 Average discoveries of crude oil per loot lor each 100 million feet of exploratory drilling in the U.S. 48 states and adjacent continental shelves. Adapted by Howard L. Baumann of Fishing Facts Magazine from Hubbert 1971 report to U.S. Senate Committee. "U.S. Energy Resources, A Review As Of 1972." Part I, A Background Paper prepared at the request of Henry M. Jackson, Chairman: Committee on Interior and Insular Affairs, United States Senate, June 1974.Like I said, this stuff is within arm's reach and has been, in fact, staring at us in the face for years.

Fig.6 Estimation of ultimate total crude oil production for the U.S. 48 states and adjacent continental shelves; by comparing actual discovery rates of crude oil per foot of exploratory drilling against the cumulative total footage of exploratory drilling. A comparison is also shown with the U.S. Geol. Survey (Zapp Hypothesis) estimate.

^{3}I found a few references which said "The United States has proved gas reserves estimated (as of January 2005) at about 192 trillion cubic feet (tcf)" and from NETL this:

U.S. natural gas produced to date (990 Tcf) and proved reserves currently being targeted by producers (183 Tcf) are just the tip of resources in place. Vast technically recoverable resources exist -- estimated at 1,400 trillion cubic feet -- yet most are currently too expensive to produce. This category includes deep gas, tight gas in low permeability sandstone formations, coal bed natural gas, and gas shales. In addition, methane hydrates represent enormous future potential, estimated at 200,000 trillion cubic feet.This together with the following reference indicate the current estimate of NG reserves lies between 1173 and 1190 TCF (Terra Cubic Foot = 10^{12}ft^{3}).

How much Natural Gas is there? Depletion Risk and Supply Security Modelling

US NG Technically Recoverable Resources US NG Resources

(EIA, 1/1/2000, Trillion ft^{3}) (NPC, 1/1/1999, Trillion ft^{3})

--------------------------------------- -----------------------------

Non associated undiscovered gas 247.71 Old fields 305

Inferred reserves 232.70 New fields 847

Unconventional gas recovery 369.59 Unconventional 428

Associated-dissolved gas 140.89

Alaskan gas 32.32 Alaskan gas (old fields) 32

Proved reserves 167.41 Proved reserves 167

Total Natural Gas 1190.62 Total Natural Gas 1779

^{4}I have an alternative MC algorithm here that takes a different approach and shortcuts a step.

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