 
International offshore partnership
Rosneft and ExxonMobil to join forces in the Artic and Black sea offshore enhance co-operation through technology sharing nad joint international projects
|
According to the results of an audit performed by DeGolyer & MacNaughton under the SEC life-of-field classification, Rosneft's proven hydrocarbon reserves as of December 31, 2011 stood at 17,618 million BOE. Of this total, oil reserves stood at 14,286 million barrels (1,960 million tons) and gas reserves at 19,995 billion cubic feet (566 billion cubic metres). These figures put Rosneft's reserve replacement ratio at 162%. The Company's gas reserves have grown 2.3 times compared to the level registered at the end of 2010.
On the sixth of August, Rosneft reached a cumulative output of 25 million tons of oil at its Vankor field.
Daily production currently stands at 315,000 barrels. This year, Vankorneft, a subsidiary of Rosneft that is developing the field, is planning to produce 15 million tons of oil, two million tons more than in 2010. The increase will come from the launch of new wells and field infrastructure. For instance, four well pad sites were brought onstream in March-April. Currently, 12 teams are drilling production wells at the field.
|
