Reserves & Resources

Summary of Reserves

2P Reserves by Asset and Product as at 31 December 2017

2P Reserves by Asset & Product 1-2017

2P Reserves by Asset & Product 2-2017

As at 31 December 2017 MMBOE
Proved plus probable reserves (2P) 19.0
Reserves replacement ratio (1) ~305%
Reserves (2P) life(2) ~7.1 years

Notes to the reserves summary

  1. The reserves replacement ratio is the reserves (Developed and Undeveloped) change during the period, before the deduction of production, divided by production during the periods.

  2. The 'reserves' life is the 2P reserves (Developed and Undeveloped) divided by production during the year on an economic interest basis.