Before starting production, it was estimated that there was a 90% chance of producing at least 100 MM stb. 50% chance of
Posted: Tue May 17, 2022 7:14 pm
Before starting production, it was estimated that there was a 90% chance of producing at least 100 MM stb. 50% chance of producing 500 MM stb and 10% chance of producing 700MM stb. That is we are sure we can produce at least 100MM stb, and we will probably produce as much as 500 MM stb, and we will possibly produce as much as 700 MM stb. Tick the correct answers. Proved reserves (MM stb): 100 200 400 500 600 700 Probable reserves 100 200 400 500 600 700 Possible reserves 100 200 . 400 500 600 700