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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

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