Continental’s proved reserves stretched to more than 1 Billion boe in 2013, with an estimated value of more than $20 billion. The Bakken accounted for 72% of the volume and it’s estimated value.
Continental’s Bakken and Three Forks position contributed 741 million boe to the company’s proved reserves at an estimated value of $14.5 billion.
Within the proved reserve estimates, Continental had 2,330 gross (1,302 net) PUD (proved undeveloped) drilling locations at the end of 2013. According to the company, the Bakken accounted for about 84% or almost 1,100 PUD locations.