We continue to expand the business through acquisition and investment to unlock value with steady year-on-year growth across the business.
Vitol group annual net production 2005-2010
Units are millions of barrels of oil equivalent (boe)
- Philippines
- Russia
- Kazakhstan
Total exploration/appraisal and development wells vs successful wells 2005-2010
- Total wells
- Successful wells
We are pursuing an aggressive investment programme to add to and rapidly exploit the more than 200 million boe of undeveloped resources that were in the portfolio at the end of 2011.
Vitol Group 2P Reserves & Annual Net Production
Units for reserves and production are in millions boe
- Philippines
- Russia
- Kazakhstan
- Net Production
The 2P reserves outlined are working interest (operated and non-operated) share for Arawak Energy and Vitol E&P before deduction of royalty obligations payable to other parties, and without including any royalty interests of the subsidiary companies. The reserves are based on forecasted prices and costs evaluated on 31 December for each year.