Bashneft increased proven oil reserves to 2.323 bln barrels

​On the results of 2015 Bashneft increased proven hydrocarbons reserves by 7% to 2,323.6 mln barrels as of December 31st 2015 against December 2014.

Replacement rate of proven reserves made up 202.0% in 2015.

Bashneft has sufficient hydrocarbons reserves for 16 years.

The audit was held by Miller and Lents.

The total probable and possible reserves of Bashneft as of December 31st 2015 made up 1,893.8 mln barrels.

Probable reserves grew by 19.1% to 802.9 mln barrels of oil possible – by 5.8% to 1,090.9 mln barrels.

Total reserves of liquid hydrocarbons increased by 13.6% to 4,217.4 mln barrels.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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