(EnergyAsia, March 1) — Australian upstream company Santos said its proven (1P) reserves reached a record 122 million barrels of oil equivalent (mmboe) last year, due mostly to 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…
