REVISIONS MAY PACE '89 OIL RESERVES

G. Alan Petzet Exploration Editor It appears 1989 may have been another big year for large positive revisions of oil reserves in existing fields in the U.S. Nationwide 1989 reserves figures won't be known until late summer, when the Energy Information Administration releases its annual report. EIA's report is the only comprehensive reserves account available, even though several analysts have published reports the past few months based on reserves of the largest companies.

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