Proved oil and gas reserves

-1 Proved oil and gas reserves Shell Investors’ Handbook 2013-2017

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.

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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

 

2017

2016

2015

2014

2013

[A]

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

[B]

Includes 325 million barrels of synthetic crude oil attributable to non-controlling interest in Shell subsidiaries.

Europe

368

442

428

608

798

Asia

1,783

1,642

1,576

1,682

1,724

Oceania

132

128

138

140

163

Africa

463

529

579

691

651

North America – USA

899

491

560

711

991

North America – Canada

 

 

 

 

 

Oil and NGL

22

18

22

44

29

Synthetic crude oil

649[B]

2,014

1,941

1,763

1,731

Bitumen

–

2

3

428

422

South America

946

992

56

63

112

Total including year-average price effects

5,262

6,258

5,303

6,130

6,621
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Proved natural gas reserves for Shell subsidiaries and the Shell share of joint ventures and associates [A][B] (at December 31)

Thousand
million scf

 

2017

2016

2015

2014

2013

[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

8,225

10,238

11,386

12,296

13,275

Asia

16,786

15,827

16,055

16,101

16,161

Oceania

7,997

9,082

5,946

6,078

7,001

Africa

2,082

2,225

2,236

2,621

2,257

North America – USA

2,569

675

754

1,561

2,199

North America – Canada

1,272

844

955

1,611

1,500

South America

1,501

1,650

43

48

80

Total including year-average price effects

40,432

40,541

37,375

40,316

42,473
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Total proved oil and gas reserves [A][B] (at December 31)

Million boe

 

2017

2016

2015

2014

2013

[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

1,786

2,207

2,391

2,728

3,087

Asia

4,677

4,371

4,344

4,458

4,510

Oceania

1,511

1,694

1,163

1,188

1,370

Africa

822

913

965

1,143

1,040

North America – USA

1,342

607

690

980

1,370

North America – Canada

890

2,180

2,131

2,513

2,441

South America

1,205

1,276

63

71

126

Total including year-average price effects

12,233

13,248

11,747

13,081

13,944

Year-average price effects

487

(1,480)

(1,707)

44

48