Please answer the given financial question based on the context.
Context: eog resources , inc . supplemental information to consolidated financial statements ( continued ) net proved undeveloped reserves . the following table presents the changes in eog's total proved undeveloped reserves during 2017 , 2016 and 2015 ( in mboe ) : .
||2017|2016|2015|
|balance at january 1|1053027|1045640|1149309|
|extensions and discoveries|237378|138101|205152|
|revisions|33127|64413|-241973 ( 241973 )|
|acquisition of reserves|2014|2014|54458|
|sale of reserves|-8253 ( 8253 )|-45917 ( 45917 )|2014|
|conversion to proved developed reserves|-152644 ( 152644 )|-149210 ( 149210 )|-121306 ( 121306 )|
|balance at december 31|1162635|1053027|1045640|
for the twelve-month period ended december 31 , 2017 , total puds increased by 110 mmboe to 1163 mmboe . eog added approximately 38 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds ( see discussion of technology employed on pages f-38 and f-39 of this annual report on form 10-k ) , eog added 199 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the eagle ford and the rocky mountain area , and 74% ( 74 % ) of the additions were crude oil and condensate and ngls . during 2017 , eog drilled and transferred 153 mmboe of puds to proved developed reserves at a total capital cost of $ 1440 million . revisions of puds totaled positive 33 mmboe , primarily due to updated type curves resulting from improved performance of offsetting wells in the permian basin , the impact of increases in the average crude oil and natural gas prices used in the december 31 , 2017 , reserves estimation as compared to the prices used in the prior year estimate , and lower costs . during 2017 , eog sold or exchanged 8 mmboe of puds primarily in the permian basin . all puds , including drilled but uncompleted wells ( ducs ) , are scheduled for completion within five years of the original reserve booking . for the twelve-month period ended december 31 , 2016 , total puds increased by 7 mmboe to 1053 mmboe . eog added approximately 21 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 117 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the rocky mountain area , and 82% ( 82 % ) of the additions were crude oil and condensate and ngls . during 2016 , eog drilled and transferred 149 mmboe of puds to proved developed reserves at a total capital cost of $ 1230 million . revisions of puds totaled positive 64 mmboe , primarily due to improved well performance , primarily in the delaware basin , and lower production costs , partially offset by the impact of decreases in the average crude oil and natural gas prices used in the december 31 , 2016 , reserves estimation as compared to the prices used in the prior year estimate . during 2016 , eog sold 46 mmboe of puds primarily in the haynesville play . all puds for drilled but uncompleted wells ( ducs ) are scheduled for completion within five years of the original reserve booking . for the twelve-month period ended december 31 , 2015 , total puds decreased by 104 mmboe to 1046 mmboe . eog added approximately 52 mmboe of puds through drilling activities where the wells were drilled but significant expenditures remained for completion . based on the technology employed by eog to identify and record puds , eog added 153 mmboe . the pud additions were primarily in the permian basin and , to a lesser extent , the eagle ford and the rocky mountain area , and 80% ( 80 % ) of the additions were crude oil and condensate and ngls . during 2015 , eog drilled and transferred 121 mmboe of puds to proved developed reserves at a total capital cost of $ 2349 million . revisions of puds totaled negative 242 mmboe , primarily due to decreases in the average crude oil and natural gas prices used in the december 31 , 2015 , reserves estimation as compared to the prices used in the prior year estimate . during 2015 , eog did not sell any puds and acquired 54 mmboe of puds. .
Question: what is the highest initial balance observed during 2015-2017?


Answer: The answer is:1149309.0