Occidental Petroleum 2014 Annual Report Download - page 83
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NGLs Reserves
United
Latin
Middle East/
States
America
North Africa
Total
158
—
55
213
Revisions of previous estimates
15
—
—
15
Improved recovery
3
—
—
3
Extensions and discoveries
—
—
64
64
Purchases of proved reserves
1
—
—
1
Production
(21)
—
(3)
(24)
156
—
116
272
Revisions of previous estimates
53
—
(1)
52
Improved recovery
9
—
—
9
Extensions and discoveries
—
—
22
22
Purchases of proved reserves
7
—
—
7
Production
(21)
—
(3)
(24)
Revisions of previous estimates
Improved recovery
Extensions and discoveries
Purchases of proved reserves
Sales of proved reserves
Production
December 31, 2011
123
—
55 178
December 31, 2012
124
—
53 177
December 31, 2013
151
—
51 202
December 31, 2011
35
—
— 35
December 31, 2012
32
—
63 95
December 31, 2013
53
—
83 136
(a) Approximately 31 percent of the proved developed reserves at December 31, 2014 are nonproducing, primarily associated with the Al Hosn gas project.
(b) A portion of the proved undeveloped reserves associated with the Al Hosn gas project is expected to be developed beyond five years and is tied to an approved long term development project.
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