E&P companies detail new plans in place for reserve estimates

摘要

With oil and gas reserve booking methods under intense scrutiny in the wake of some high-profile downgrades,several E&P companies this week reassured investors and analysts they have protective measures in place.At the Howard Weil energy conference in New Orleans,Anadarko Petroleum CEO James Hackett said his company has new controls to strengthen its reserve estimation process.He also outlined a series of steps he said would give regulators and investors a clearer picture of the value of an E&P company's reserves.