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Oil sands projects have longer life cycles than conventional (e.g. 50 versus 20) and hence slower decline and depletion rates and longer plateaus.
Oil sand projects are built for lifetimes up to fifty years so an R/P of 30-40 years is about right, but if it continues falling as it has been there would be concern.
Ultimate reserves have plateaued for the time being, it will be interesting to see whether remaining reserves continue to decline as production is likely to remain fairly steady barring some major disruptions.