Reserves

DEA's business future is directly tied to the development of reserves and resources. 

Reserves Base Overview

As of January 1st, 2018 DEA had 2P reserves of 698 mmboe, a year-on-year increase of 5 %. The increase is mainly due to the sanctioning of the development projects Snorre Expansion Project and Aerfugl as well as organic growth, which overcompensated the significant production of 46 mmboe in 2017.

 

2P Reserves Change (in million barrels of oil equivalent)

2P reserves breakdown by country (2017) (in %)

Germany/Denmark Norway Egypt/Algeria
18 % 49 % 32 %

More than 99% of the reserves shown here have been certified by an independent reserves auditor.