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Gazprom Neft boosts 2P reserves replacement level to 367% in 2013


Published Mar 3, 2014
Gazprom-9

Gazprom Neft's total proved and probable (2P) hydrocarbon reserves (including the Company's share in joint ventures) as of 31 December 2013 amounted to 2.29 billion tonnes of oil equivalent, according to the SPE-PRMS international standards, a 7.7% increase on the end of 2012. Category 2P oil reserves reached 1.7 billion tonnes, an increase of 2.6% y-o-y.

Gazprom Neft's proved hydrocarbon reserves (1P) amounted to 1.34 billion tonnes of oil equivalent at the end of 2013, an increase of 11.9% on the end of 2012; proved oil reserves increased by 4.9% to 960.6 million tonnes. Gazprom Neft's current proved hydrocarbon reserves-to-production ratio, according to SPE-PRMS, exceeds 20 years.

Tags: Gazprom Neft




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