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- Santos : Annual Reserves & Resource...


Santos : Annual Reserves & Resource Statement and expected impairment
édité le 16/02/2021 - Plus de news de Santos - Voir la fiche entreprise de Santos
Santos released its Annual Reserves and Resource Statement. Proved plus probable (2P) reserves were 933 million barrels of oil equivalent (mmboe) at the end of 2020, an increase of 34 mmboe before production.
xKey highlights:
 - 102 per cent Cooper Basin three-year 2P reserves replacement
 - 184 per cent GLNG 2P reserves replacement in 2020
 - 41 mmboe 2P reserves added in Northern Australia and Timor-Leste through the ConocoPhillips acquisition and sanction of infill drilling at Bayu-Undan
 - Reserve revisions of -15 mmboe in PNG and -20 mmboe in Western Australia, including the Reindeer gas field in WA leading to expected US$98 million impairment of goodwill ....

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