Energy

Ain’t This The (Reserve) Life – E&Ps Struggle to Maintain Reserve Life Under the Cash-Return Model

In the upstream oil and gas world, “reserve life” — calculated via the Reserve Life Index — is one of the simplest and most widely cited metrics. But behind the RLI lies a web of technical, financial and strategic forces that make it surprisingly nuanced measure of an E&P’s long-term outlook.

via RBN Energy https://ift.tt/aElMJSO

Categories: Energy