Ephrayim Energy Limited Estimated Quantities of Net Proved Crude Oil and Natural Gas Liquids in Thousands of Barrels. Year Ended 31 Dec 2019 2020 2021 Beginning of year proved reserved Revisions of previous estimate Improved recovery 3200 3400 3700 60 130 221 210 132 115 10 Purchase of reserve in place Sales of reserve in place Extensions and discoveries 50 15 23 32 37 53 73 65 Production 350 480 655 End of year proved reserves 2654 2729 2828 What is the reserves life ratio for the year 2019?
Ephrayim Energy Limited Estimated Quantities of Net Proved Crude Oil and Natural Gas Liquids in Thousands of Barrels. Year Ended 31 Dec 2019 2020 2021 Beginning of year proved reserved Revisions of previous estimate Improved recovery 3200 3400 3700 60 130 221 210 132 115 10 Purchase of reserve in place Sales of reserve in place Extensions and discoveries 50 15 23 32 37 53 73 65 Production 350 480 655 End of year proved reserves 2654 2729 2828 What is the reserves life ratio for the year 2019?
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![Question 11
Ephrayim Energy Limited
Estimated Quantities of Net Proved Crude Oil and Natural Gas Liquids in Thousands of Barrels.
Year Ended 31 Dec
2019
2020
2021
Beginning of year proved reserved
Revisions of previous estimate
Improved recovery
Purchase of reserve in place
3200
3400
3700
60
130
221
210
132
115
50
15
10
23
32
37
Sales of reserve in place
Extensions and discoveries
53
73
65
Production
350
480
655
End of year proved reserves
2654
2729
2828
What is the reserves life ratio for the year 2019?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc588af5-b067-4aac-9efd-59a538f66ce2%2F2fc062e7-51f3-403e-94f8-6c8b4a58c046%2Fnnwioyp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 11
Ephrayim Energy Limited
Estimated Quantities of Net Proved Crude Oil and Natural Gas Liquids in Thousands of Barrels.
Year Ended 31 Dec
2019
2020
2021
Beginning of year proved reserved
Revisions of previous estimate
Improved recovery
Purchase of reserve in place
3200
3400
3700
60
130
221
210
132
115
50
15
10
23
32
37
Sales of reserve in place
Extensions and discoveries
53
73
65
Production
350
480
655
End of year proved reserves
2654
2729
2828
What is the reserves life ratio for the year 2019?
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