Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
Surgut attacker is identified as a local resident - investigationSociety & Culture August 19, 14:09
Combat module containing neural networks may become series in Russia in 2018 — designerMilitary & Defense August 19, 10:44
Russian Head of General Staff Gerasimov hands award weapon to Syrian generalMilitary & Defense August 19, 9:10
MOSCOW, February 03. /ITAR-TASS/. Value of Russian oil giant Rosneft’s proved reserves increased 8% to $168 billion over 2013, says the company’s report.
According to the report, the independent international auditor of the company’s reserves DeGolyer & MacNaughton has revised the value of Rosneft’s proved reserves upwards, primarily due to organic growth.
“Rosneft is planning to start developing about 1.4 billion tons of oil reserves and achieve an additional production volume of about 7.3 million tons of oil a year by 2020 with potential growth to 13.5 million tons of oil by 2030,” Rosneft’s press office quotes its President Igor Sechin as saying.
As reported earlier, in 2013 Rosneft boosted its hydrocarbon resources 11.5% year-on-year to 33 billion barrels of oil equivalent, or BOE (according to SEC classification). In particular, liquid hydrocarbon reserves grew 6% to 25.2 billion barrels (3.4 billion tons), while gas reserves increased 29% to 46.9 trillion cubic feet (1.33 trillion cubic meters).
The increase in reserves is mainly due to geologic prospecting works, drilling and commissioning of new areas in the company’s main fields, interventions aimed at maintaining basic production, and increased stakes in Taas-Yuryakh Neftegazodobycha and Itera companies.
According to PRMS classification, Rosneft’s proved reserves as of December 31, 2013, were 41.771 billion BOE, including 30.782 billion barrels (4.161 billion tonnes) of liquid hydrocarbons and 65.937 trillion cubic feet (1.867 trillion cubic metres) of gas.