CANADIAN NATURAL RESOURCES Ltd
Close on Nov 2, 2026Market cap $111.66BP/E 14.5Yield –
Canadian Natural Resources NI 51-101 Company Gross 2P Reserves by Year
NI 51-101 Company Gross 2P (Proved + Probable) Reserves (MMBOE)
Canadian Natural Resources NI 51-101 Company Gross 2P Reserves: 20,750 in 2025, up 3.2% from a year earlier. That is the highest of the 9 years on record here.
Where the 2025 figure comes from
“|| Total Proved plus Probable | 427 | 333 | 349 | 5,175 | 895 | 7,688 | 27,974 | 1,221 | 20,750”
Source: Canadian Natural Form 40-F, filed 2026-03-26 ↗
Evaluated 100% by independent qualified reserves evaluators (GLJ / Sproule / McDaniel) under Canadian NI 51-101 forecast pricing (20.75 billion BOE 2P Gross at YE 2025; ~36-year 2P Reserve Life Index).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | NI 51-101 Company Gross 2P (Proved + Probable) Reserves (MMBOE) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 20,750 | +3.2% | Canadian Natural Form 40-F, filed 2026-03-26 ↗ |
| 2024 | Dec 31, 2024 | 20,110 | +8.7% | Canadian Natural Form 40-F, filed 2025-03-26 ↗ |
| 2023 | Dec 31, 2023 | 18,504 | +2.5% | Canadian Natural Form 40-F, filed 2024-03-20 ↗ |
| 2022 | Dec 31, 2022 | 18,046 | +6.5% | Canadian Natural Form 40-F, filed 2023-03-23 ↗ |
| 2021 | Dec 31, 2021 | 16,950 | +6.4% | Canadian Natural Form 40-F, filed 2022-03-23 ↗ |
| 2020 | Dec 31, 2020 | 15,925 | +11.7% | Canadian Natural Form 40-F, filed 2021-03-24 ↗ |
| 2019 | Dec 31, 2019 | 14,252 | +6.5% | Canadian Natural Form 40-F, filed 2020-03-27 ↗ |
| 2018 | Dec 31, 2018 | 13,382 | +12.8% | Canadian Natural Form 40-F, filed 2019-03-27 ↗ |
| 2017 | Dec 31, 2017 | 11,866 | – | Canadian Natural Form 40-F, filed 2018-03-22 ↗ |
Breakdown
What makes up NI 51-101 Company Gross 2P Reserves
- 2P Gross: Synthetic Crude Oil — SCO (MMbbl)7,688 · 2025
- 2P Gross: Thermal In Situ Bitumen (MMbbl)5,175 · 2025
- 2P Gross: Non-Upgraded Mining Bitumen — AOSP (MMbbl)895 · 2025
- 2P Gross: Natural Gas Liquids — NGLs (MMbbl)1,221 · 2025
- 2P Gross: Light & Medium Crude Oil (MMbbl)427 · 2025
- 2P Gross: Pelican Lake Heavy Crude Oil (MMbbl)349 · 2025
- 2P Gross: Primary Heavy Crude Oil (MMbbl)333 · 2025
- 2P Gross: Conventional & Shale Natural Gas (Bcf)27,974 · 2025
Cite this data
StockData. (2026). Canadian Natural Resources NI 51-101 Company Gross 2P Reserves, annual 2017–2025 [Data set]. Compiled from Canadian Natural Resources SEC filings and investor materials. https://stockdatahq.com/stocks/cnq/kpis/ni51101-gross-2p-total-total-mmboe
See every metric in the Canadian Natural Resources KPI table. Data updated Oct 31, 2026.