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Thomas Pascoe, a financial market export and has worked in Lloyd's of London insurance market, in an article for The Telegraph, explained that De Goyler and MacNaughton, one of the independent consultants, based its 113 bboe estimate on a P1 scenario.
P&GJ: Mexico's proven reserves are estimated between 10.07 and 10.12 Bboe and they plan to allow foreign investment in its oil fields.
Rosneft Oil Company is a world's largest public integrated oil and gas company with current hydrocarbon production exceeding 5,800 kboed and unique reserve base with over 46 bboe of proved PRMS reserves and estimated offshore resources of more than 300 bboe.
It has reserves estimated at 16 Bboe and production of 2 MMboe/d.
Anadarko is among the world's largest independent oil and natural gas exploration and production companies, with 1.44 BBOE of proved reserves at year-end 2017.
The Tupi hydrocarbon discovery is situated 250 km south of Rio de Janiero in block BM-S-11 of the Santos Basin and is estimated to hold 5-8 BBoe. Exploitation of the reserves will be through the Tupi Pilot pipeline, an 18-inch diameter pipeline stretching 225 km back to the Mexilhao platform in the Santos Basin.
Asia accounts for 25% of Chevron's global resource base or 62 Bboe.
Exploration in 2002 and 2003 found over 2 billion barrels of oil equivalent (BBOE).
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