The difference between the production entitlement and amounts lifted. Where amounts lifted are less than production entitlement, underlift (asset) is recorded. Where liftings exceed entitlement, overlift (liability) is recorded.

Square kilometre

National Integrated Power Project

Proved reserves

Contingent resources

Proved and Probable reserves. Those unproved reserves which analysis of geological and engineering data suggests are more likely than not to be recoverable. In this context, when probabilistic methods are used, there should be at least a 50% probability that the quantities actually recovered will equal or exceed the sum of estimated Proved plus Pro [..]

Barrel of oil, condensate or natural gas liquids

Billion cubic feet of gas

Billion cubic feet of gas equivalent

Billion cubic feet of gas per day