|
|
 | | | |
- close
- close
- close
- close
This excerpt taken from the EOG 10-K filed Feb 23, 2006. Net |
||||
|
72,908 |
4,649,797 |
5,087,248 |
||
| Note: Net equivalent million cubic feet is based on 1 barrel of oil, condensate, or natural gas liquids being equivalent to 6,000 cubic feet of gas. | ||||
EOG has advised us, and we have assumed, that its estimates of proved oil, condensate, natural gas liquids, and natural gas reserves are in accordance with the rules and regulations of the SEC.
Proved reserves net to EOG's interests estimated by us for the properties included in the Reports, as of December 31, 2005, are as follows, expressed in thousands of barrels (Mbbl) or millions of cubic feet (MMcf):
|
Oil, Condensate, and |
Natural Gas |
Net |
||
|
70,478 |
4,463,966 |
4,886,837 |
||
| Note: Net equivalent million cubic feet is based on 1 barrel of oil, condensate, or natural gas liquids being equivalent to 6,000 cubic feet of gas. | ||||
In making a comparison of the detailed reserves estimates prepared by us and by EOG of the properties involved, we have found differences, both positive and negative, in reserves estimates for individual properties. These differences appear to be compensating to a great extent when considering the reserves of EOG in the properties included in the Reports, resulting in overall differences not being substantial. It is our opinion that the reserves estimates prepared by EOG on the properties reviewed by us and referred to above, when compared on the basis of net equivalent million cubic feet of gas, do not differ materially from those prepared by us.
Submitted,
/s/ DeGOLYER and MacNAUGHTON
DeGOLYER and MacNAUGHTON