BP plc replaced 112% of its annual production in 2007, building its proved reserves of oil and gas to 17.8 billion boe, the company reported Wednesday. It also added about 2.4 billion new barrels to its nonproved resource base, which now stands at 42.1 billion boe.
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BP: Output Potential of 4.3 Million Boe/d by 2012
BP plc replaced 112% of its annual production in 2007, building its proved reserves of oil and gas to 17.8 billion boe, the company reported Wednesday. It also added about 2.4 billion new barrels to its nonproved resource base, which now stands at 42.1 billion boe.
February 28, 2008
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