(EnergyAsia, Feb 21) — Australian upstream company Woodside Petroleum Ltd said its proved and probable oil and gas reserves of 1,293.9 million barrels of oil equivalent (mmboe) as at December 31 2004 were 9.7mmboe lower than 2003. The company said the decline was due largely to its divestment of 124.2 mmboe from the some fields…
AUSTRALIA: Woodside failed to fully replace its oil and gas reserves for 2004
Posted on February 21, 2005 by EnergyAsia