2007 Reserve Disclosures
View the reserve reconciliation table for our proved and probable reserves before royalties at Dec 31, 2007 using year-end prices.

View the related FAS 69 disclosure ( 6pg, 89KB) from our Form 10-K for reserves after royalties at year-end prices.

Reserve bookings capture only a glimpse of what’s next. In 2007, we added 102 million boe of proved reserves, replacing about 110% of our annual production. Our year-end proved and probable reserves totaled 2.0 billion boe. Yet there’s more— just look at our oil sands. So far we’ve booked 791 million barrels of proved and probable reserves for Phases 1 and 2 of Long Lake—but we have enough land to potentially develop up to 10 phases. Our booked reserves also reflect little for our undeveloped discoveries in the Gulf of Mexico and UK, and the unconventional CBM and shale gas in our leases in western Canada. As these projects take shape, we expect to book significantly more reserves, proving what’s next.