The amount of proved reserves added to a company's reserve base Q_{\rm exp} during the year relative to the amount of oil and gas produced Q_{\rm prod}:
(1) | {\rm RRR} = \frac{Q_{\rm exp}}{Q_{\rm prod}} |
The amount of proved reserves added to a company's reserve base Q_{\rm exp} during the year relative to the amount of oil and gas produced Q_{\rm prod}:
(1) | {\rm RRR} = \frac{Q_{\rm exp}}{Q_{\rm prod}} |