Oil Sands | Reserves
Husky Energy's Liwan Project Adds to Reserves
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Husky Energy's reserves growth continued to outpace production in 2014, reflecting the additional booking of reserves at the Liwan Gas Project, the Sunrise Energy Project and heavy oil thermal projects.
Highlights: Proved reserves replacement of 115 percent (111 percent including economic factors) in 2014 Average proved four-year reserves replacement ratio of 157 percent (143 percent including economic factors) 1.3 billion barrels of oil equivalent (boe) total proved reserves before royalties Proved reserves life index of 10.3 yearsThe average proved reserves replacement ratio in 2014 was 115 percent (111 percent including economic factors such as declining oil and gas prices during the year). The proved reserves replacement ratio over the past four years is 157 percent (143 percent…
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