RE:RE:RE:Reserves Reserve Life Index ("RLI")
| | | Dec. 31, 2021(1) | Dec. 31, 2022(2) | Dec. 31, 2023(3) |
| Proved Developed Producing (PDP) | | 4.4 years | 4.2 years | 3.9 years |
| Proved (1P) | | 6.9 years | 6.6 years | 5.4 years |
| Proved Plus Probable (2P) | | 10.9 years | 10.1 years | 8.1 years |
(1) Calculated by dividing the amount of the relevant reserves category by average Q4 2021 production of 49,779 boe/d annualized (consisting of 6,376 bbl/d of light crude oil and medium crude oil, 41,534 bbl/d of heavy crude oil and 11,214 mcf/d of conventional natural gas).
(2) Calculated by dividing the amount of the relevant reserves category by average Q4 2022 production of 54,257 boe/d annualized (consisting of 10,511 bbl/d of light crude oil and medium crude oil, 42,746 bbl/d of heavy crude oil and 6,000 mcf/d of conventional natural gas).
(3) Calculated by dividing the amount of the relevant reserves category by estimated average Q4 2023 production of 57,329 boe/d annualized (consisting of 9,700 bbl/d of light crude oil and medium crude oil, 46,760 bbl/d of heavy crude oil and 5,214 mcf/d of conventional natural gas).