European majors revive reserves

摘要

BP and Shell boosted their reserve replacement ratios(RRR)in 2013 after poor showings the previous year. BP’s end of year reserves were just 300mn bl of oil equivalent(boe)short of December 2009 levels—before the Macondo oil spill and the firm’s subse-quent asset selling spree.Its RRR rose to 182pc from 40pc in 2012,while Shell’s increased to 131pc from 44pc. Total recorded a more modest rise,to 119pc from 93pc,but it boasts the high-est three-year average,at 132pc.