Reserves and Production
Reserves, Resources and Production
Trinity has an extensive portfolio of reserves and resources totalling 51.58 mmstb. These underpin full cycle opportunities – production growth, development and exploration. 2023 Group production averaged 2,790 bopd.
Unaudited 2023 2P Reserves
| Asset Net Oil Reserves |
31 December 2022 mmstb |
Production mmstb |
Revisions mmstb |
31 December 23 mmstb |
|---|---|---|---|---|
| Onshore | 6.53 | (0.55) | (1.72) | 4.26 |
| East Coast | 9.26 | (0.34) | (1.14) | 7.78 |
| West Coast | 2.17 | (0.13) | (1.18) | 0.86 |
| Total | 17.96 | (1.02) | (4.03) | 12.91 |
Management’s Estimate of 2023 2C Resources
| Asset Net Oil Resources |
31 December 2022 mmstb |
Production mmstb |
Revisions mmstb |
31 December 23 mmstb |
|---|---|---|---|---|
| Onshore | 8.62 | N/A | (4.88) | 3.74 |
| East Coast | 36.81 | N/A | (5.50) | 31.31 |
| West Coast | 3.45 | N/A | (0.18) | 3.63 |
| Total | 48.88 | N/A | (10.20) | 38.68 |
2023 Reserves and Resources
| 31 December 2022 mmstb |
Production mmstb |
Revisions mmstb |
31 December 23 mmstb |
|
|---|---|---|---|---|
| Total | 66.84 | (1.02) | (14.24) | 51.58 |
2P Reserves Note:
The 2023 produced volume of 1.02 mmstb accounts for 20% of the overall 2P decrease in 2023 compared to 2022. Other revisions contributing to the overall decrease are:
-0.38 mmstb from PS4 and Tabaquite Revision
-1.1 mmstb from Base Revisions
-0.22 mmstb from RCP Revisions
-2.34 mmstb from Infill Well Revisions
2C Resources Note:
Revisions contributing to the overall decrease are:
-4.90 mmstb from Appraisal Wells Revisions (Onshore)
-8.33 mmstb from TGAL Revision and +2.83 mmstb (Trintes) from re-categorisation and ELT