Excluding the change in FDC, Bellatrix delivered a 2P Recycle Ratio
Realized a recycle ratio
(operating netback divided by FD&A costs) based on proved plus probable reserves (including changes in FDC) of 2.
This value was arbitrarily chosen by appropriate recycle ratio
An attempt is made to compare the performances of tubular loop reactors when the recycle ratio
is varied, based on steady-state and dynamic responses and on the quality of the polymer produced at different conditions.
By convention, recycle ratio
equals pounds of recycled material divided by pounds of material extruded.
97/boe resulting in a favourable proved reserve recycle ratio
The recycle ratio
associated with our 2P F&D cost based on Advantage's Q4 2014 estimated operating netback is indicated in the following table:
Increasing the recycle ratio
beyond the base case value has little effect on the performance of the reactors as shown in Fig.
Based on the current commodity price outlook, we anticipate a recycle ratio
of over 2.
Recycling efforts, meanwhile, continue to improve annually due to initiatives at facilities in Liberty and Franklin, Indiana, and in Suzano, Brazil, which support a recycle ratio
greater than 98%.
3 times Recycle Ratio
- FD&A cost for Total Proved and Proved plus Probable reserves were $3.
For 2006, the Proved Producing NPV recycle ratio