Reserve update is based on probability model rather than old deterministic one with new 4D seismic data. I gather with more new data from development. It would be more realistic. But p1+p2 reserve are more or less the same. Only impact is really very long end p3 resource conversation. Strange though, why does Wpl publish those tail end reserve now as it is not relevant until 8-10 yrs later? There are plenty of resources like Browse etc and no one can predict the gas price even 2-3 yrs from now?
Reserve update is based on probability model rather than old...
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