Proved oil and gas reserves

The tables present oil and gas reserves on a net basis, which means that they include the reserves relating to: (i) the Shell subsidiaries including the reserves attributable to non-controlling interest holders in our subsidiaries; and (ii) the Shell share of joint ventures and associates.

Proved crude oil and natural gas liquids, synthetic crude oil and bitumen reserves for Shell subsidiaries and the Shell share of joint ventures and associates [A] (at December 31)

Million barrels

 

2016

2015

2014

2013

2012

[A]

Includes proved reserves associated with future production that will be consumed in operations.

Europe

442

428

608

798

793

Asia

1,642

1,576

1,682

1,724

1,706

Oceania

128

138

140

163

174

Africa

529

579

691

651

688

North America – USA

491

560

711

991

903

North America – Canada

 

 

 

 

 

Oil and NGL

18

22

44

29

33

Synthetic crude oil

2,014

1,941

1,763

1,731

1,763

Bitumen

2

3

428

422

49

South America

992

56

63

112

87

Total including year-average price effects

6,258

5,303

6,130

6,621

6,196

Proved natural gas reserves for Shell subsidiaries and the Shell share of joint ventures and associates [A][B] (at December 31)

Thousand
million scf

 

2016

2015

2014

2013

2012

[A]

Includes proved reserves associated with future production that will be consumed in operations.

[B]

These quantities have not been adjusted to standard heat content.

Europe

10,238

11,386

12,296

13,275

14,168

Asia

15,827

16,055

16,101

16,161

16,311

Oceania

9,082

5,946

6,078

7,001

6,610

Africa

2,225

2,236

2,621

2,257

2,241

North America – USA

675

754

1,561

2,199

2,352

North America – Canada

844

955

1,611

1,500

1,011

South America

1,650

43

48

80

99

Total including year-average price effects

40,541

37,375

40,316

42,473

42,792

Total proved oil and gas reserves [A][B] (at December 31)

Million boe

 

2016

2015

2014

2013

2012

[A]

Includes proved reserves associated with future production that will be consumed in operations.

[B]

Natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel. Rounding difference may occur in estimates of gas reserves conversion from scf to boe.

Europe

2,207

2,391

2,728

3,087

3,236

Asia

4,371

4,344

4,458

4,510

4,518

Oceania

1,694

1,163

1,188

1,370

1,314

Africa

913

965

1,143

1,040

1,074

North America – USA

607

690

980

1,370

1,309

North America – Canada

2,180

2,131

2,513

2,441

2,019

South America

1,276

63

71

126

104

Total including year-average price effects

13,248

11,747

13,081

13,944

13,574

Year-average price effects

(1,480)

(1,707)

44

48

(431)