(Energyasia, February 27) — Australian upstream company Santos said it has added a record 122 million barrels of oil equivalent (mmboe) of proven (1P) reserves last year through exploration, appraisal, revisions and acquisitions. After allowing for production of 56 mmboe, 1P reserves increased by 66 mmboe to 414 mmboe, up from 348 mmboe at the…
AUSTRALIA: Santos increases energy reserves, adding 122 million barrels of oil
Posted on February 27, 2006 by EnergyAsia