Gas Reserve numbers in this Review
The reserve numbers published in the BP Statistical Review of World Energy are an estimate of proved reserves, drawn from a variety of official primary sources and data provided by Cedigaz and the OPEC Secretariat
Although every effort is made to come up with a consistent series for reserves based on a common definition, in reality different countries use different methodologies and the data have varying levels of reliability.
The data series for proved oil and gas reserves in this years Review does not necessarily meet the definitions, guidelines and practices used for determining proved reserves at company level, for instance, under accounting rules contained in the Statement of Recommended Practice. 'Accounting for Oil and Gas Exploration, Development, Production and Decommissioning Activities' (UK SORP) or as published by the US Securities and Exchange Commission nor does it necessarily represent BP’s view of proved reserves by country. Caution needs to be exercised in attempting precise comparisons between nations or analyses of time series.
The data series for proved oil and gas reserves in this years Review does not necessarily meet the definitions, guidelines and practices used for determining proved reserves at company level, for instance, under accounting rules contained in the Statement of Recommended Practice. 'Accounting for Oil and Gas Exploration, Development, Production and Decommissioning Activities' (UK SORP) or as published by the US Securities and Exchange Commission nor does it necessarily represent BP’s view of proved reserves by country. Caution needs to be exercised in attempting precise comparisons between nations or analyses of time series.
