Rosneft replaces 179% of hydrocarbon reserves in 2013

OAO Rosneft said it replaced 179% of its hydrocarbon reserves in 2013.

An audit by DeGolyer & MacNaughton showed that the company’s hydrocarbon reserves increased 11%, with liquids up 6% and gas, 29%.

Under the “life-of-field” classification by the US Securities and Exchange Commission, Rosneft’s proven hydrocarbon reserves on Dec. 31 were 33 billion boe, compared with 29.6 billion boe in 2012 (OGJ Online, Jan. 23, 2013).

In the “prospective recoverable hydrocarbon resources” category, Rosneft had 338.6 billion boe, compared with 200.7 billion boe in 2012.

Related Articles

Tethys reports second successful gas well in Kazakhstan

03/20/2014 Tethys Petroleum Ltd. reported the success of the second shallow gas exploration well of its 2014 program on the Akkulka block in the Caspian regio...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/19/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

CNOOC makes gas discovery in Qiongdongnan basin


CNOOC Ltd. has made a natural gas discovery in the east Lingshui Sag of the deepwater area in the South China Sea’s Qiongdongnan basin.

Cairn, FAR to drill exploration wells offshore Senegal


FAR Ltd., Perth, will participate in the drilling of two deepwater exploration wells offshore Senegal next month.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected