Proven hydrocarbon resources of LUKOIL make up 17.4 bln barrels of oil equivalent
Edited by Anonymous / 2014-02-07 05:33:23
OJSC “LUKOIL” has completed the calculation and an audit of its oil and gas resources as of December 31st, 2013. An assessment has been carried out in accordance with the standards of the U.S. Securities and Exchange Commission (SEC) until reaching production the economic cut-off, the press-service of the company states.
According to the data, the proved hydrocarbon resources made up 17.4 billion barrels of oil equivalent, inclusive of 13.5 billion barrels of oil and 23.6 trillion cubic feet of gas, as of December 13th, 2013.