Investor Presentaiton
Reserves and R/P
1P Reserves* (million boe)
1.600
1.400
1.200
1.000
800
600
400
200
0
2003
2006
R/P (years)
Key facts
12
150 years
Q-BASF
We create chemistry
10
8
CO
6
4
■ R/P ratio increased to 11 years
■ Total 1P reserves amounted to
~1.5 billion boe (2013)
■ Gas accounts for approx. 75%
of total reserves
■ Strong contribution to reserve
replenishment from assets in
Norway and Russia
2
0
**
2009
2012
Reserve Replacement Rate (RRR, in percent)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
102 50 52 48 389 116 89
89 131 100 280
Oil
Natural gas
R/P
According to SEC guidelines; Libya onshore 51%
BASF Capital Market Story January 2015
**
2013 adjusted to new conversion factor from m³ gas to barrel of oil equivalent (5,600 scf = 1 boe instead of 6,000 scf = 1 boe)
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