Reserves-to-Production Ratio (RPR)
- Reserves-to-Production Ratio (RPR)
- is the life of gas (oil) field production. It is calculated by dividing current reserves of A + B + C1 categories for the beginning of some year by this year's production in an administrative oil-and-gas-bearing region and/or production enterprise. The RPR dynamics in different regions is similar, and its levels reflect peculiarities of resources development. The RPR is at its maximum in the course of reserve preparation in the largest fields and at the beginning of production. In the process of reserves involvement into the development the production increases; as a rule, reserve preparation speed declines, which causes the RPR decrease. At a high rate of initial resources use production drawdown takes place. It is considered that the optimal character of oil and gas resources development both countrywide and in separate regions corresponds to 35–40 RPR. The RPR increase at the final stage of resources development in oil-and-gas-bearing regions under conditions of production drawdown indicates the actual life of field production decline.
Glossary of Oil and Gas.
2013.
Look at other dictionaries:
Reserves to Production Ratio — A ratio indicating the remaining lifespan of a natural resource. This ratio is expressed in terms of years, and is used in forecasting the future availability of a resource to determine project life, income, employment etc. While applicable to… … Investment dictionary
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
Saint Pierre and Miquelon — <p></p> <p></p> Introduction ::Saint Pierre and Miquelon <p></p> Background: <p></p> First settled by the French in the early 17th century, the islands represent the sole remaining vestige of France … The World Factbook
Yvelines — Administration Pays France … Wikipédia en Français
French Guiana — French Guianese, French Guianan. /gee an euh, gee ah neuh/ an overseas department of France, on the NE coast of South America: formerly a French colony. 49,200; 35,135 sq. mi. (91,000 sq. km). Cap.: Cayenne. * * * French Guiana Introduction… … Universalium
New Caledonia — /kal i doh nee euh, dohn yeuh/ 1. an island in the S Pacific, ab. 800 mi. (1290 km) E of Australia. 113,680; 6224 sq. mi. (16,120 sq. km). 2. an overseas territory of France comprising this island and other smaller islands: formerly a penal… … Universalium