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 Shell share of joint ventures and associates [A] (at December 31)

Million barrels

 

2015

2014

2013

2012

2011

[A]

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

Europe

428

608

798

793

754

Asia

1,576

1,682

1,724

1,706

1,664

Oceania

138

140

163

174

209

Africa

579

691

651

688

731

North America – USA

560

711

991

903

838

North America – Canada

 

 

 

 

 

Oil and

22

44

29

33

35

Synthetic crude oil

1,941

1,763

1,731

1,763

1,680

Bitumen

3

428

422

49

55

South America

56

63

112

87

82

Total including year-average price effects

5,303

6,130

6,621

6,196

6,048

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

Thousand
million scf

 

2015

2014

2013

2012

2011

[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

11,386

12,296

13,275

14,168

15,401

Asia

16,055

16,101

16,161

16,311

16,953

Oceania

5,946

6,078

7,001

6,610

7,094

Africa

2,236

2,621

2,257

2,241

2,800

North America – USA

754

1,561

2,199

2,352

3,259

North America – Canada

955

1,611

1,500

1,011

2,045

South America

43

48

80

99

110

Total including year-average price effects

37,375

40,316

42,473

42,792

47,662

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

Million boe

 

2015

2014

2013

2012

2011

[A]

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

[B]

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

Europe

2,391

2,728

3,087

3,236

3,409

Asia

4,344

4,458

4,510

4,518

4,587

Oceania

1,163

1,188

1,370

1,314

1,432

Africa

965

1,143

1,040

1,074

1,214

North America – USA

690

980

1,370

1,309

1,400

North America – Canada

2,131

2,513

2,441

2,019

2,123

South America

63

71

126

104

101

Total including year-average price effects

11,747

13,081

13,944

13,574

14,266

Year-average price effects

(1,707)

44

48

(431)

(235)

NGL
natural gas liquids
View complete glossary
boe(/d)
barrels of oil equivalent (per day); natural gas volumes are converted to oil equivalent using a factor of 5,800 scf per barrel
View complete glossary