Chord Energy (CHRD) - 2023 Q4 - Annual Report

Internal controls over reserves estimation process We employ NSAI as the independent preparer for 100% of our reserves. We maintain an internal staff of petroleum engineers and geoscience professionals who work closely with the independent reserve engineers to ensure the integrity, accuracy and timeliness of data furnished for the reserves estimation process. Our Managing Director, Corporate Planning & Reserves is responsible for overseeing the preparation of the reserves estimates under the supervision of ...