All data

Hydrocarbons reserves

Estimated net proved hydrocarbons reserves by geographic area

(mmboe)

 

 

 

 

 

 

 

 

 

 

 

(at December 31)

Italy (a)

Rest of Europe

North Africa

Sub-Saharan Africa

Kazakh­stan

Rest of Asia

America

Austra­lia and Oceania

Total

(a)

Including approximately 769, 767 and 767 billion of cubic feet of natural gas held in storage at December 31, 2009, 2010 and 2011, respectively.

 

 

 

 

 

 

 

 

 

 

2009

 

 

 

 

 

 

 

 

 

Estimated net proved hydrocarbons reserves

703

590

1,937

1,163

1,221

545

279

133

6,571

Consolidated subsidiaries

703

590

1,922

1,141

1,221

236

263

133

6,209

Equity-accounted entities

 

 

15

22

 

309

16

 

362

Developed

490

432

1,278

804

614

183

181

122

4,104

Consolidated subsidiaries

490

432

1,266

799

614

139

168

122

4,030

Equity-accounted entities

 

 

12

5

 

44

13

 

74

Undeveloped

213

158

659

359

607

362

98

11

2,467

Consolidated subsidiaries

213

158

656

342

607

97

95

11

2,179

Equity-accounted entities

 

 

3

17

 

265

3

 

288

2010

 

 

 

 

 

 

 

 

 

Estimated net proved hydrocarbons reserves

724

601

2,119

1,161

1,126

612

373

127

6,843

Consolidated subsidiaries

724

601

2,096

1,133

1,126

295

230

127

6,332

Equity-accounted entities

 

 

23

28

 

317

143

 

511

Developed

554

405

1,237

817

543

182

167

117

4,022

Consolidated subsidiaries

554

405

1,215

812

543

139

141

117

3,926

Equity-accounted entities

 

 

22

5

 

43

26

 

96

Undeveloped

170

196

882

344

583

430

206

10

2,821

Consolidated subsidiaries

170

196

881

321

583

156

89

10

2,406

Equity-accounted entities

 

 

1

23

 

274

117

 

415

2011

 

 

 

 

 

 

 

 

 

Estimated net proved hydrocarbons reserves

707

630

2,052

1,104

950

886

624

133

7,086

Consolidated subsidiaries

707

630

2,031

1,021

950

230

238

133

5,940

Equity-accounted entities

 

 

21

83

 

656

386

 

1,146

Developed

540

374

1,194

746

482

134

188

112

3,770

Consolidated subsidiaries

540

374

1,175

742

482

129

162

112

3,716

Equity-accounted entities

 

 

19

4

 

5

26

 

54

Undeveloped

167

256

858

358

468

752

436

21

3,316

Consolidated subsidiaries

167

256

856

279

468

101

76

21

2,224

Equity-accounted entities

 

 

2

79

 

651

360

 

1,092

2012

 

 

 

 

 

 

 

 

 

Estimated net proved hydrocarbons reserves

524

591

1,935

1,129

1,041

852

966

128

7,166

Consolidated subsidiaries

524

591

1,915

1,048

1,041

184

236

128

5,667

Equity-accounted entities

 

 

20

81

 

668

730

 

1,499

Developed

406

349

1,100

716

458

190

190

107

3,516

Consolidated subsidiaries

406

349

1,080

716

458

108

170

107

3,394

Equity-accounted entities

 

 

20

 

 

82

20

 

122

Undeveloped

118

242

835

413

583

662

776

21

3,650

Consolidated subsidiaries

118

242

835

332

583

76

66

21

2,273

Equity-accounted entities

 

 

 

81

 

586

710

 

1,377

2013

 

 

 

 

 

 

 

 

 

Estimated net proved hydrocarbons reserves

499

557

1,802

1,230

1,035

270

966

176

6,535

Consolidated subsidiaries

499

557

1,783

1,155

1,035

263

240

176

5,708

Equity-accounted entities

 

 

19

75

 

7

726

 

827

Developed

408

343

1,022

701

566

93

171

123

3,427

Consolidated subsidiaries

408

343

1,003

701

566

90

153

123

3,387

Equity-accounted entities

 

 

19

 

 

3

18

 

40

Undeveloped

91

214

780

529

469

177

795

53

3,108

Consolidated subsidiaries

91

214

780

454

469

173

87

53

2,321

Equity-accounted entities

 

 

 

75

 

4

708

 

787

Liquids reserves

Estimated net proved liquids reserves by geographic area

(mmbbl)

 

 

 

 

 

 

 

 

 

 

 

(at December 31)

Italy

Rest of Europe

North Africa

Sub-Saharan Africa

Kazakh­stan

Rest of Asia

America

Austra­lia and Oceania

Total

 

 

 

 

 

 

 

 

 

 

2009

 

 

 

 

 

 

 

 

 

Estimated net proved liquids reserves

233

351

908

777

849

144

169

32

3,463

Consolidated subsidiaries

233

351

895

770

849

94

153

32

3,377

Equity-accounted entities

 

 

13

7

 

50

16

 

86

Developed

141

218

669

548

291

52

93

23

2,035

Consolidated subsidiaries

141

218

659

544

291

45

80

23

2,001

Equity-accounted entities

 

 

10

4

 

7

13

 

34

Undeveloped

92

133

239

229

558

92

76

9

1,428

Consolidated subsidiaries

92

133

236

226

558

49

73

9

1,376

Equity-accounted entities

 

 

3

3

 

43

3

 

52

2010

 

 

 

 

 

 

 

 

 

Estimated net proved liquids reserves

248

349

997

756

788

183

273

29

3,623

Consolidated subsidiaries

248

349

978

750

788

139

134

29

3,415

Equity-accounted entities

 

 

19

6

 

44

139

 

208

Developed

183

207

674

537

251

44

87

20

2,003

Consolidated subsidiaries

183

207

656

533

251

39

62

20

1,951

Equity-accounted entities

 

 

18

4

 

5

25

 

52

Undeveloped

65

142

323

219

537

139

186

9

1,620

Consolidated subsidiaries

65

142

322

217

537

100

72

9

1,464

Equity-accounted entities

 

 

1

2

 

39

114

 

156

2011

 

 

 

 

 

 

 

 

 

Estimated net proved liquids reserves

259

372

934

692

653

216

283

25

3,434

Consolidated subsidiaries

259

372

917

670

653

106

132

25

3,134

Equity-accounted entities

 

 

17

22

 

110

151

 

300

Developed

184

195

638

487

215

34

117

25

1,895

Consolidated subsidiaries

184

195

622

483

215

34

92

25

1,850

Equity-accounted entities

 

 

16

4

 

 

25

 

45

Undeveloped

75

177

296

205

438

182

166

 

1,539

Consolidated subsidiaries

75

177

295

187

438

72

40

 

1,284

Equity-accounted entities

 

 

1

18

 

110

126

 

255

2012

 

 

 

 

 

 

 

 

 

Estimated net proved liquids reserves

227

351

921

688

670

196

273

24

3,350

Consolidated subsidiaries

227

351

904

672

670

82

154

24

3,084

Equity-accounted entities

 

 

17

16

 

114

119

 

266

Developed

165

180

601

456

203

49

128

24

1,806

Consolidated subsidiaries

165

180

584

456

203

41

109

24

1,762

Equity-accounted entities

 

 

17

 

 

8

19

 

44

Undeveloped

62

171

320

232

467

147

145

 

1,544

Consolidated subsidiaries

62

171

320

216

467

41

45

 

1,322

Equity-accounted entities

 

 

 

16

 

106

100

 

222

2013

 

 

 

 

 

 

 

 

 

Estimated net proved liquids reserves

220

330

846

738

679

129

263

22

3,227

Consolidated subsidiaries

220

330

830

723

679

128

147

22

3,079

Equity-accounted entities

 

 

16

15

 

1

116

 

148

Developed

177

179

577

465

295

38

115

20

1,866

Consolidated subsidiaries

177

179

561

465

295

38

96

20

1,831

Equity-accounted entities

 

 

16

 

 

 

19

 

35

Undeveloped

43

151

269

273

384

91

148

2

1,361

Consolidated subsidiaries

43

151

269

258

384

90

51

2

1,248

Equity-accounted entities

 

 

 

15

 

1

97

 

113

Natural gas reserves

Estimated net proved natural gas reserves by geographic area

(bcf)

 

 

 

 

 

 

 

 

 

 

 

(at December 31)

Italy (a)

Rest of Europe

North Africa

Sub-Saharan Africa

Kazakh­stan

Rest of Asia

America

Austra­lia and Oceania

Total

(a)

Including approximately 769, 767 and 767 billion of cubic feet of natural gas held in storage at December 31, 2009, 2010 and 2011, respectively.

 

 

 

 

 

 

 

 

 

 

2009

 

 

 

 

 

 

 

 

 

Estimated net proved natural gas reserves

2,704

1,380

5,908

2,212

2,139

2,301

631

575

17,850

Consolidated subsidiaries

2,704

1,380

5,894

2,127

2,139

814

629

575

16,262

Equity-accounted entities

 

 

14

85

 

1,487

2

 

1,588

Developed

2,001

1,231

3,498

1,468

1,859

756

506

565

11,884

Consolidated subsidiaries

2,001

1,231

3,486

1,463

1,859

539

506

565

11,650

Equity-accounted entities

 

 

12

5

 

217

 

 

234

Undeveloped

703

149

2,410

744

280

1,545

125

10

5,966

Consolidated subsidiaries

703

149

2,408

664

280

275

123

10

4,612

Equity-accounted entities

 

 

2

80

 

1,270

2

 

1,354

2010

 

 

 

 

 

 

 

 

 

Estimated net proved natural gas reserves

2,644

1,401

6,231

2,245

1,874

2,391

552

544

17,882

Consolidated subsidiaries

2,644

1,401

6,207

2,127

1,874

871

530

544

16,198

Equity-accounted entities

 

 

24

118

 

1,520

22

 

1,684

Developed

2,061

1,103

3,122

1,554

1,621

774

437

539

11,211

Consolidated subsidiaries

2,061

1,103

3,100

1,550

1,621

560

431

539

10,965

Equity-accounted entities

 

 

22

4

 

214

6

 

246

Undeveloped

583

298

3,109

691

253

1,617

115

5

6,671

Consolidated subsidiaries

583

298

3,107

577

253

311

99

5

5,233

Equity-accounted entities

 

 

2

114

 

1,306

16

 

1,438

2011

 

 

 

 

 

 

 

 

 

Estimated net proved natural gas reserves

2,491

1,427

6,210

2,287

1,648

3,718

1,897

604

20,282

Consolidated subsidiaries

2,491

1,425

6,190

1,949

1,648

685

590

604

15,582

Equity-accounted entities

 

2

20

338

 

3,033

1,307

 

4,700

Developed

1,977

995

3,087

1,441

1,480

552

393

491

10,416

Consolidated subsidiaries

1,977

995

3,070

1,437

1,480

528

385

491

10,363

Equity-accounted entities

 

 

17

4

 

24

8

 

53

Undeveloped

514

432

3,123

846

168

3,166

1,504

113

9,866

Consolidated subsidiaries

514

430

3,120

512

168

157

205

113

5,219

Equity-accounted entities

 

2

3

334

 

3,009

1,299

 

4,647

2012

 

 

 

 

 

 

 

 

 

Estimated net proved natural gas reserves

1,633

1,317

5,574

2,414

2,038

3,605

3,804

572

20,957

Consolidated subsidiaries

1,633

1,317

5,558

2,061

2,038

562

449

572

14,190

Equity-accounted entities

 

 

16

353

 

3,043

3,355

 

6,767

Developed

1,325

925

2,736

1,429

1,401

774

340

459

9,389

Consolidated subsidiaries

1,325

925

2,720

1,429

1,401

372

334

459

8,965

Equity-accounted entities

 

 

16

 

 

402

6

 

424

Undeveloped

308

392

2,838

985

637

2,831

3,464

113

11,568

Consolidated subsidiaries

308

392

2,838

632

637

190

115

113

5,225

Equity-accounted entities

 

 

 

353

 

2,641

3,349

 

6,343

2013

 

 

 

 

 

 

 

 

 

Estimated net proved natural gas reserves

1,532

1,247

5,246

2,704

1,957

772

3,862

848

18,168

Consolidated subsidiaries

1,532

1,247

5,231

2,374

1,957

744

509

848

14,442

Equity-accounted entities

 

 

15

330

 

28

3,353

 

3,726

Developed

1,266

904

2,447

1,295

1,488

300

315

561

8,576

Consolidated subsidiaries

1,266

904

2,432

1,295

1,488

286

310

561

8,542

Equity-accounted entities

 

 

15

 

 

14

5

 

34

Undeveloped

266

343

2,799

1,409

469

472

3,547

287

9,592

Consolidated subsidiaries

266

343

2,799

1,079

469

458

199

287

5,900

Equity-accounted entities

 

 

 

330

 

14

3,348

 

3,692

Oil and natural gas

Production of oil and natural gas by Country (a)

(kboe/d)

2009

2010

2011

2012

2013

(a)

Includes volumes of gas consumed in operations (451, 383, 321, 318 and 300 mmcf/d, in 2013, 2012, 2011, 2010 and 2009 respectively).

 

 

 

 

 

 

 

Italy

 

169

183

186

189

186

Rest of Europe

 

247

222

216

178

155

Croatia

 

17

8

5

5

8

Norway

 

126

123

131

126

106

United Kingdom

 

104

91

80

47

41

North Africa

 

573

602

438

586

556

Algeria

 

83

77

72

78

88

Egypt

 

230

232

236

235

227

Libya

 

244

273

112

258

228

Tunisia

 

16

20

18

15

13

Sub-Saharan Africa

 

360

400

370

345

332

Angola

 

130

118

102

87

87

Congo

 

102

110

108

104

120

Nigeria

 

128

172

160

154

125

Kazakhstan

 

115

108

106

102

100

Rest of Asia

 

135

131

112

129

144

China

 

8

7

8

9

8

India

 

1

8

4

2

1

Indonesia

 

21

19

18

18

16

Iran

 

35

21

6

3

4

Iraq

 

 

5

7

18

22

Pakistan

 

58

59

58

57

52

Russia

 

 

 

 

11

31

Turkmenistan

 

12

12

11

11

10

America

 

153

143

125

135

116

Brazil

 

 

 

1

2

 

Ecuador

 

14

11

7

25

13

Trinidad & Tobago

 

12

12

10

11

11

United States

 

119

109

98

88

82

Venezuela

 

8

11

9

9

10

Australia and Oceania

 

17

26

28

37

30

Australia

 

17

26

28

37

30

Total outside Italy

 

1,600

1,632

1,395

1,512

1,433

 

 

1,769

1,815

1,581

1,701

1,619

of which equity-accounted entities

 

23

25

26

35

54

Angola

 

3

3

4

2

3

Brazil

 

 

 

1

2

 

Indonesia

 

6

6

6

6

5

Russia

 

 

 

 

11

31

Tunisia

 

6

5

6

5

5

Venezuela

 

8

11

9

9

10

Oil and natural gas production sold

(mmboe)

2009

2010

2011

2012

2013

(b)

Includes 17.1 mmboe of equity-accounted entities production sold in 2013 (11.2, 7.7, 8 and 7.1 mmboe in 2012, 2011, 2010 and 2009 respectively).

 

 

 

 

 

 

 

Oil and natural gas production

 

645.7

662.3

577.0

622.6

591.0

Change in inventories other

 

(3.8)

(3.4)

(7.4)

1.6

(5.7)

Own consumption of gas

 

(19.1)

(20.9)

(21.1)

(25.5)

(30.0)

Oil and natural gas production sold (b)

 

622.8

638.0

548.5

598.7

555.3

Oil

(mmbbl)

365.20

361.30

302.61

325.41

299.54

- of which to R&M Division

 

224.98

206.41

190.65

185.48

178.83

Natural gas

(bcf)

1,479

1,536

1,367

1,501

1,405

- of which to G&P Division

 

444

432

423

435

385

Liquids production

Liquids production by Country

(kbbl/d)

2009

2010

2011

2012

2013

 

 

 

 

 

 

 

Italy

 

56

61

64

63

71

Rest of Europe

 

133

121

120

95

77

Norway

 

78

74

80

74

60

United Kingdom

 

55

47

40

21

17

North Africa

 

292

301

209

271

252

Algeria

 

80

74

69

71

73

Egypt

 

91

96

91

88

93

Libya

 

108

116

36

101

76

Tunisia

 

13

15

13

11

10

Sub-Saharan Africa

 

312

321

278

247

242

Angola

 

125

113

95

80

79

Congo

 

97

98

87

82

90

Nigeria

 

90

110

96

85

73

Kazakhstan

 

70

65

64

61

61

Rest of Asia

 

57

48

34

44

49

China

 

7

6

7

8

7

India

 

 

1

 

 

 

Indonesia

 

2

2

2

2

2

Iran

 

35

21

6

3

4

Iraq

 

 

5

7

18

22

Pakistan

 

1

1

1

1

 

Russia

 

 

 

 

2

5

Turkmenistan

 

12

12

11

10

9

America

 

79

71

65

83

71

Brazil

 

 

 

1

2

 

Ecuador

 

14

11

7

25

13

United States

 

57

49

48

47

48

Venezuela

 

8

11

9

9

10

Australia and Oceania

 

8

9

11

18

10

Australia

 

8

9

11

18

10

Total outside Italy

 

951

936

781

819

762

 

 

1,007

997

845

882

833

of which equity-accounted entities

 

17

19

19

20

20

Angola

 

3

3

3

2

 

Brazil

 

 

 

1

2

 

Indonesia

 

1

1

1

1

1

Russia

 

 

 

 

2

5

Tunisia

 

5

4

5

4

4

Venezuela

 

8

11

9

9

10

Oil and natural gas production

Oil and natural gas production available for sale (a)

(kboe/d)

2009

2010

2011

2012

2013

(a)

Do not include natural gas consumed in operation.

 

 

 

 

 

 

 

Italy

 

165

178

181

184

179

Rest of Europe

 

239

214

209

171

149

North Africa

 

554

582

420

561

528

Sub-Saharan Africa

 

349

386

354

327

307

Kazakhstan

 

113

104

102

98

96

Rest of Asia

 

130

126

106

121

135

America

 

150

141

124

133

114

Australia and Oceania

 

16

26

27

36

29

 

 

1,716

1,757

1,523

1,631

1,537

of which equity-accounted entities

 

21

23

23

33

50

North Africa

 

5

5

5

5

4

Sub-Saharan Africa

 

3

3

3

2

2

Rest of Asia

 

5

5

4

15

34

America

 

8

10

11

11

10

Natural gas production

Natural gas production by Country (a)

(mmcf/d)

2009

2010

2011

2012

2013

(a)

Includes volumes of gas consumed in operations (451, 383, 321, 318 and 300 mmcf/d, in 2013, 2012, 2011, 2010 and 2009 respectively).

 

 

 

 

 

 

 

Italy

 

652.6

673.2

674.3

695.1

630.2

Rest of Europe

 

655.5

559.2

537.9

458.9

429.6

Croatia

 

95.5

45.3

29.9

25.4

43.0

Norway

 

273.7

271.6

284.0

289.6

250.5

Ukraine

 

 

 

 

0.5

 

United Kingdom

 

286.3

242.3

224.0

143.4

136.1

North Africa

 

1,614.2

1,673.2

1,271.5

1,733.5

1,674.2

Algeria

 

19.7

20.2

19.0

40.1

81.6

Egypt

 

793.7

755.1

800.7

805.9

734.6

Libya

 

780.4

871.1

423.2

863.5

836.7

Tunisia

 

20.4

26.8

28.6

24.0

21.3

Sub-Saharan Africa

 

274.3

441.5

508.0

538.7

495.9

Angola

 

29.3

31.9

34.7

39.2

46.9

Congo

 

27.3

67.9

119.1

120.5

161.8

Nigeria

 

217.7

341.7

354.2

379.0

287.2

Kazakhstan

 

259.0

237.0

231.0

221.7

213.5

Rest of Asia

 

444.8

463.9

430.1

468.5

520.5

China

 

8.2

6.7

5.0

4.4

3.4

India

 

3.7

36.6

19.6

10.5

7.2

Indonesia

 

104.8

94.4

84.3

84.9

79.2

Pakistan

 

328.1

326.2

321.2

310.4

283.1

Russia

 

 

 

 

52.4

141.6

Turkmenistan

 

 

 

 

5.9

6.0

America

 

424.7

396.0

334.0

283.5

245.3

Trinidad & Tobago

 

67.0

63.6

56.7

58.5

58.6

United States

 

357.7

332.4

277.3

225.0

185.9

Venezuela

 

 

 

 

 

0.8

Australia and Oceania

 

48.6

95.7

97.8

100.8

110.4

Australia

 

48.6

95.7

97.8

100.8

110.4

Total outside Italy

 

3,721.1

3,866.5

3,410.3

3,805.6

3,689.4

 

 

4,373.7

4,539.7

4,084.6

4,500.7

4,319.6

of which equity-accounted entities

 

38.3

35.6

34.0

88.6

186.3

Angola

 

0.7

0.8

1.9

4.4

14.2

Indonesia

 

32.1

28.9

25.7

26.0

24.2

Russia

 

 

 

 

52.4

141.6

Tunisia

 

5.5

5.9

6.4

5.3

5.5

Ukraine

 

 

 

 

0.5

 

Natural gas production available for sale (b)

(mmcf/d)

2009

2010

2011

2012

2013

(b)

Do not include natural gas consumed in operations.

 

 

 

 

 

 

 

Italy

 

630

648

648

667

593

Rest of Europe

 

608

517

498

421

395

North Africa

 

1,503

1,559

1,169

1,592

1,514

Sub-Saharan Africa

 

213

365

422

444

356

Kazakhstan

 

241

221

212

202

195

Rest of Asia

 

417

436

398

423

476

America

 

416

385

323

273

234

Australia and Oceania

 

46

91

93

96

105

 

 

4,074

4,222

3,763

4,118

3,868

of which equity-accounted entities

 

29

27

24

71

165

North Africa

 

3

3

4

3

4

Sub-Saharan Africa

 

 

 

 

 

7

Rest of Asia

 

26

24

20

68

154

Average realizations

Average realizations

2009

 

2010

 

2011

 

2012

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liquids

CONS

JV

 

CONS

JV

 

CONS

JV

 

CONS

JV

CONS

JV

($/bbl)

 

 

 

 

 

 

 

 

 

 

 

 

 

Italy

56.02

 

 

72.19

 

 

101.20

 

 

100.52

 

98.50

 

Rest of Europe

56.46

 

 

67.26

 

 

97.56

97.18

 

100.67

93.11

98.97

 

North Africa

56.42

14.60

 

70.96

16.09

 

97.63

17.98

 

103.63

17.93

100.42

17.96

Sub-Saharan Africa

59.75

56.85

 

78.23

77.78

 

110.09

108.92

 

108.34

112.28

105.13

 

Kazakhstan

52.34

 

 

66.74

 

 

98.68

 

 

102.25

 

99.37

 

Rest of Asia

55.34

9.01

 

75.20

57.05

 

101.09

74.98

 

103.44

40.36

99.69

33.87

America

55.66

56.41

 

72.84

71.70

 

101.15

93.03

 

85.94

93.45

85.27

93.32

Australia and Oceania

50.40

 

 

73.00

 

 

98.05

 

 

102.06

 

98.72

 

 

57.02

44.43

 

72.95

58.86

 

102.47

84.78

 

103.06

77.94

100.20

64.92

Natural gas

 

 

 

 

 

 

 

 

 

 

 

 

 

($/kcf)

 

 

 

 

 

 

 

 

 

 

 

 

 

Italy

9.01

 

 

8.71

 

 

11.56

 

 

10.68

 

11.65

 

Rest of Europe

7.06

 

 

7.40

 

 

9.72

10.65

 

10.13

11.64

10.62

 

North Africa

5.79

 

 

6.87

 

 

5.95

5.39

 

8.13

4.91

7.96

6.29

Sub-Saharan Africa

1.66

 

 

1.87

 

 

1.97

 

 

2.16

 

2.16

 

Kazakhstan

0.45

 

 

0.49

 

 

0.57

 

 

0.67

 

0.64

 

Rest of Asia

4.09

7.44

 

4.35

9.87

 

5.27

15.68

 

5.94

6.17

5.83

3.49

America

4.05

 

 

4.70

 

 

4.02

 

 

2.90

 

3.37

 

Australia and Oceania

8.14

 

 

7.40

 

 

7.38

 

 

7.73

 

7.80

 

 

5.62

6.81

 

6.01

8.73

 

6.44

13.89

 

7.14

6.16

7.41

4.00

Hydrocarbons

 

 

 

 

 

 

 

 

 

 

 

 

 

($/boe)

 

 

 

 

 

 

 

 

 

 

 

 

 

Italy

53.17

 

 

56.60

 

 

77.26

 

 

73.24

 

77.56

 

Rest of Europe

49.53

 

 

56.00

 

 

79.03

66.14

 

80.79

69.05

79.14

 

North Africa

45.47

13.19

 

55.06

13.53

 

64.85

20.87

 

73.06

19.45

70.51

21.47

Sub-Saharan Africa

54.61

56.85

 

66.35

77.78

 

88.02

108.92

 

84.93

112.28

85.08

 

Kazakhstan

33.65

 

 

42.24

 

 

62.87

 

 

64.92

 

62.02

 

Rest of Asia

38.21

41.80

 

42.45

55.04

 

51.51

85.80

 

57.98

34.78

62.59

21.46

America

39.29

56.32

 

47.84

71.70

 

60.28

93.03

 

54.61

93.45

57.89

93.32

Australia and Oceania

48.63

 

 

52.51

 

 

61.00

 

 

73.82

 

61.79

 

 

46.90

42.82

 

55.59

56.10

 

72.20

83.15

 

73.65

59.25

72.97

37.57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Eni’s Group

 

2009

 

 

2010

 

 

2011

 

 

2012

 

2013

Liquids ($/bbl)

 

56.95

 

 

72.76

 

 

102.11

 

 

102.58

 

99.44

Natural gas ($/kcf)

 

5.62

 

 

6.02

 

 

6.48

 

 

7.12

 

7.26

Hydrocarbons ($/boe)

 

46.90

 

 

55.60

 

 

72.26

 

 

73.39

 

71.87

Acreage

Net developed and undeveloped acreage

(square kilometers)

2009

2010

2011

2012

2013

 

 

 

 

 

 

 

Europe

 

31,607

29,079

26,023

27,423

37,018

Italy

 

22,038

19,097

16,872

17,556

17,282

Rest of Europe

 

9,569

9,982

9,151

9,867

19,736

Africa

 

158,749

152,671

137,220

142,796

137,096

North Africa

 

46,011

44,277

30,532

21,390

20,412

Sub-Saharan Africa

 

112,738

108,394

106,688

121,406

116,684

Asia

 

125,641

112,745

55,284

58,042

79,314

Kazakhstan

 

880

880

880

869

869

Rest of Asia

 

124,761

111,865

54,404

57,173

78,445

America

 

11,523

11,187

10,209

9,075

9,206

Australia and Oceania

 

20,342

15,279

25,685

13,834

13,622

Total

 

347,862

320,961

254,421

251,170

276,256

Oil and natural gas interests

Principal oil and natural gas interests at December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Com­mence­ment of operations

Number of interest

Gross deve­loped (a) (b) acreage

Net deve­loped (a) (b) acreage

Gross undeve­loped (a) acreage

Net undeve­loped (a) (b) acreage

Types of fields/ acreage

Number of producing fields

Number of other fields

(a)

Square kilometers.

(b)

Developed acreage refers to those leases in which at least a portion of the area is in production or encompasses proved developed reserves.

 

 

 

 

 

 

 

 

 

 

EUROPE

 

264

16,170

10,907

40,753

26,111

 

121

94

Italy

1926

151

10,663

8,948

10,815

8,334

Onshore/ Offshore

81

68

Rest of Europe

 

113

5,507

1,959

29,938

17,777

 

40

26

Croatia

1996

2

1,975

987

 

 

Offshore

9

3

Cyprus

2013

3

 

 

12,523

10,018

Offshore

 

 

Norway

1965

57

2,264

346

9,302

3,433

Offshore

18

19

Poland

2010

2

 

 

969

969

Onshore

 

 

Ukraine

2011

12

50

30

3,840

1,911

Onshore

 

1

United Kingdom

1964

34

1,218

596

223

42

Offshore

13

3

Other Countries

 

3

 

 

3,081

1,404

Offshore

 

 

AFRICA

 

280

66,341

20,131

185,574

116,965

 

275

130

North Africa

 

116

32,560

14,150

14,334

6,262

 

110

50

Algeria

1981

42

3,223

1,148

187

31

Onshore

37

6

Egypt

1954

53

4,926

1,778

5,460

1,887

Onshore/ Offshore

41

24

Libya

1959

10

17,947

8,950

8,687

4,344

Onshore/ Offshore

11

15

Tunisia

1961

11

6,464

2,274

 

 

Onshore/ Offshore

21

5

Sub-Saharan Africa

 

164

33,781

5,981

171,240

110,703

 

165

80

Angola

1980

71

6,498

802

14,991

3,641

Onshore/ Offshore

50

32

Congo

1968

28

1,835

1,017

2,890

2,108

Onshore/ Offshore

24

6

Dem. Republic of Congo

2010

1

 

 

478

263

Onshore

 

 

Gabon

2008

6

 

 

7,615

7,615

Onshore/ Offshore

 

 

Ghana

2009

2

 

 

4,676

1,664

Offshore

 

2

Kenya

2012

4

 

 

46,410

38,930

Offshore

 

 

Liberia

2012

3

 

 

7,365

1,841

Offshore

 

 

Mozambique

2007

1

 

 

10,207

5,103

Offshore

 

8

Nigeria

1962

41

25,448

4,162

10,838

3,484

Onshore/ Offshore

91

32

Togo

2010

2

 

 

6,192

6,192

Offshore

 

 

Other Countries

 

5

 

 

59,578

39,862

Onshore

 

 

ASIA

 

70

19,013

6,650

168,024

72,664

 

31

25

Kazakhstan

1992

6

2,391

442

2,542

427

Onshore/ Offshore

1

5

Rest of Asia

 

64

16,622

6,208

165,482

72,237

 

30

20

China

1984

8

76

19

5,130

5,130

Offshore

4

1

India

2005

11

206

109

16,546

6,058

Onshore/ Offshore

4

3

Indonesia

2001

13

3,220

1,218

25,779

17,991

Onshore/ Offshore

7

15

Iran

1957

4

1,456

820

 

 

Onshore/ Offshore

1

 

Iraq

2009

1

1,074

446

 

 

Onshore

1

 

Pakistan

2000

18

10,390

3,396

17,731

6,939

Onshore/ Offshore

11

1

Russia

2007

3

 

 

62,592

20,862

Offshore

 

 

Timor Leste

2006

1

 

 

1,538

1,230

Offshore

 

 

Turkmenistan

2008

1

200

200

 

 

Onshore

2

 

Vietnam

2013

3

 

 

21,566

10,783

Offshore

 

 

Other Countries

 

1

 

 

14,600

3,244

Offshore

 

 

AMERICA

 

348

4,809

3,141

15,268

6,065

 

65

18

Ecuador

1988

1

1,985

1,985

 

 

Onshore

1

1

Greenland

2013

1

 

 

2,630

920

Offshore

 

 

Trinidad & Tobago

1970

1

382

66

 

 

Offshore

7

 

United States

1968

331

1,640

822

5,089

3,021

Onshore/ Offshore

55

14

Venezuela

1998

6

802

268

2,002

798

Onshore/ Offshore

2

2

Other Countries

 

8

 

 

5,547

1,326

Offshore

 

1

AUSTRALIA AND OCEANIA

14

1,140

709

22,436

12,913

 

3

2

Australia

2001

14

1,140

709

22,436

12,913

Offshore

3

2

Total

 

976

107,473

41,538

432,055

234,718

 

495

269

Capital expenditure

Capital expenditure

(€ million)

2009

2010

2011

2012

2013

 

 

 

 

 

 

 

Acquisition of proved and unproved properties

 

697

 

754

43

109

North Africa

 

351

 

57

14

109

Sub-Saharan Africa

 

73

 

697

27

 

Rest of Asia

 

94

 

 

 

 

America

 

179

 

 

2

 

Exploration

 

1,228

1,012

1,210

1,850

1,669

Italy

 

40

34

38

32

32

Rest of Europe

 

113

114

100

151

357

North Africa

 

317

84

128

153

95

Sub-Saharan Africa

 

284

406

482

1,142

757

Kazakhstan

 

20

6

6

3

1

Rest of Asia

 

159

223

156

193

233

America

 

243

119

60

80

110

Australia and Oceania

 

52

26

240

96

84

Development

 

7,478

8,578

7,357

8,304

8,580

Italy

 

689

630

720

744

743

Rest of Europe

 

673

863

1,596

2,008

1,768

North Africa

 

1,381

2,584

1,380

1,299

808

Sub-Saharan Africa

 

2,105

1,818

1,521

1,931

2,675

Kazakhstan

 

1,083

1,030

897

719

658

Rest of Asia

 

406

311

361

641

749

America

 

706

1,187

831

953

1,127

Australia and Oceania

 

435

155

51

9

52

Other expenditure

 

83

100

114

110

117

 

 

9,486

9,690

9,435

10,307

10,475

Reserves life index

Reserves life index

(years)

2009

2010

2011

2012

2013

 

 

 

 

 

 

 

Italy

 

11.4

10.9

10.4

7.6

7.3

Rest of Europe

 

6.6

7.4

8.0

9.0

9.8

North Africa

 

9.3

9.6

12.8

9.0

8.9

Sub-Saharan Africa

 

8.9

7.9

8.2

8.9

10.2

Kazakhstan

 

29.0

28.7

24.5

28.1

28.8

Rest of Asia

 

11.1

12.8

21.7

18.1

5.1

America

 

5.0

7.2

13.6

19.7

23.0

Australia and Oceania

 

21.5

13.1

12.8

9.8

16.0

 

 

10.2

10.3

12.3

11.5

11.1

Reserves replacement ratio

Reserves replacement ratio

2009

2010

2011

2012

2013

 

 

 

 

 

 

 

 

 

 

 

(%)

organic

all sources

organic

all sources

organic

all sources

organic

all sources

organic

all sources

Italy

135

136

121

107

72

75

34

 

62

62

Rest of Europe

173

174

103

102

140

136

37

37

63

40

North Africa

99

99

167

167

58

58

40

40

32

34

Sub-Saharan Africa

105

106

91

90

63

58

138

117

183

183

Kazakhstan

 

 

 

 

 

 

467

337

83

83

Rest of Asia

42

 

211

212

768

771

12

12

232

 

America

102

144

274

273

646

647

855

786

102

102

Australia and Oceania

117

112

6

5

155

163

51

51

536

536

 

93

96

127

125

143

142

147

107

105

(7)

Oil and gas wells

Exploratory wells activity

 

Net wells completed

 

Wells in progress (a)

 

2011

2012

2013

 

2013

 

 

 

 

 

 

 

 

 

 

(units)

Productive

Dry (b)

Productive

Dry (b)

Productive

Dry (b)

 

Gross

Net

(a)

Includes temporary suspended wells pending further evaluation.

(b)

A dry well is an exploratory, development, or extension well that proves to be incapable of producing either oil or gas sufficient quantities to justify completion as an oil or gas well.

Italy

 

 

1.0

 

 

 

 

5.0

3.4

Rest of Europe

0.3

0.7

1.0

1.0

 

3.4

 

17.0

6.2

North Africa

6.2

3.4

6.3

11.3

4.9

5.4

 

14.0

9.8

Sub-Saharan Africa

0.6

2.6

4.5

5.1

3.2

6.6

 

60.0

24.3

Kazakhstan

 

 

 

0.8

 

0.4

 

6.0

1.1

Rest of Asia

0.2

7.6

0.5

0.6

4.3

2.7

 

21.0

8.2

America

2.5

 

 

0.1

0.2

1.2

 

4.0

1.2

Australia and Oceania

 

1.4

 

0.4

 

0.5

 

2.0

0.8

 

9.8

15.7

13.3

19.3

12.6

20.2

 

129.0

55.0

Development wells activity

 

Net wells completed

 

Wells in progress

 

2011

2012

2013

 

2013

 

 

 

 

 

 

 

 

 

 

(units)

Productive

Dry (b)

Productive

Dry (b)

Productive

Dry (b)

 

Gross

Net

(b)

A dry well is an exploratory, development, or extension well that proves to be incapable of producing either oil or gas sufficient quantities to justify completion as an oil or gas well.

Italy

25.3

 

18.0

1.0

7.4

1.0

 

3.0

3.0

Rest of Europe

3.3

0.3

2.9

0.6

6.3

 

 

31.0

5.9

North Africa

55.9

1.1

46.0

1.6

61.6

3.3

 

20.0

11.3

Sub-Saharan Africa

28.2

1.0

27.4

0.3

26.3

1.2

 

20.0

5.1

Kazakhstan

1.3

 

1.4

 

0.3

 

 

17.0

3.1

Rest of Asia

39.2

2.5

41.2

0.1

61.7

4.3

 

26.0

11.4

America

27.6

 

23.1

 

13.8

 

 

12.0

4.8

Australia and Oceania

0.4

 

 

 

 

 

 

1.0

0.4

 

181.2

4.9

160.0

3.6

177.4

9.8

 

130.0

45.0

Productive oil and gas wells (c)

 

2013

 

Oil wells

Natural gas wells

(units)

Gross

Net

Gross

Net

(c)

Includes 2,162 gross (761.2 net) multiple completion wells (more than one producing into the same well bore). Productive wells are producing wells and wells capable of production. One or more completions in the same bore hole are counted as one well.

Italy

240.0

194.1

615.0

531.5

Rest of Europe

415.0

60.8

182.0

90.2

North Africa

1,590.0

820.4

199.0

85.8

Sub-Saharan Africa

2,908.0

585.9

339.0

25.5

Kazakhstan

104.0

29.7

 

 

Rest of Asia

644.0

417.3

897.0

341.6

America

191.0

105.4

352.0

129.1

Australia and Oceania

7.0

3.8

14.0

3.3

 

6,099.0

2,217.4

2,598.0

1,207.0