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By my understanding kipp,A company may have 1P, 2P, and 3P reserves.If a company has just 3P and no 1 or 2 P shored up, it means it just has the Possible GIP. So, the key is to get to the 1P, which is the Proven P.3P simply adds up the 3Ps...
By my understanding kipp,
A company may have 1P, 2P, and 3P reserves.
If a company has just 3P and no 1 or 2 P shored up, it means it just has the Possible GIP. So, the key is to get to the 1P, which is the Proven P.
3P simply adds up the 3Ps...
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