Production
We have no production data for this company yet
Reserves
FCP realized a 3.2% increase in gross proved reserves; an 8.7% decrease in gross proved + probable reserves; and a 3.9% decrease in gross proved + probable + possible reserves. In effect, the results of the 2007 drilling and testing program have seen the gross proved reserves increase as a result of the drilling and, as reserve definitions are more strictly constrained by test data and petrophysical analysis, the gross possible and probable reserves have decreased.
With 208 MMBoe of gross proved reserves and 586 MMBoe of gross proved + probable reserves, the 405b block is a major development opportunity that is being worked by FCP and Sonatrach at an accelerated pace for first production in the second half of 2010.