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Total, The Partner of Choice for Exploration & Production
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May 15, 08

Total’s oil and natural gas production, of 2.39 million barrels of oil equivalent per day in 2007, is underpinned by a widely diversified asset portfolio of proved reserves of 10.4 billion barrels of oil equivalent* and of proved and probable reserves of 20 billion barrels of oil equivalent**.
 
The Group has  exploration and production activities in more than 40 countries and produces oil and gas in 30 countries. Our E&P employees, who are constantly analyzing sedimentary basins around the world, demonstrate our ethical commitment, expertise and performance in every aspect of the business, from license acquisition to site restoration.

 

*Based on year-end Brent price of 93.72 $/b
** Limited to proved and probable reserves covered by E&P contracts on fields that have been drilled and for which technical studies have demonstrated economic development in a 60 $/b Brent environment, including the portion of heavy oil in the Joslyn field developed by mining.

 

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Press releases:
 Canada: The Surmont Oil Sands Project Produces First Commercial Oil 
- December 11, 2007

 Twenty years since first oil on North Alwyn platform 
- December 6, 2007

 Further oil discovery on Block 32, in the Angolan ultra deep offshore
 - December 3, 2007

 Total assigns a 10% Interest in Canada’s Joslyn Oil Sands Project to INPEX - November 27, 2007

 Total enters in Chile with the award of one exploration license - November 21, 2007

 New Discovery in the Mer Très Profonde Sud Ultra-Deep Offshore Block in the Congo
 - November 16, 2007


   Webzines

Click on our Webzine section to learn more about Total’s benchmark projects: South Pars in Iran, Girassol offshore Angola, Elgin & Franklin in the UK sector of the North Sea and Sincor in Venezuela
   Code of Conduct

Our values and principles are set out in a Code of Conduct that underpins our ethical commitment.
   Environment and Society

Consult the section
   Total in 2007

Consult the document
 Creating energy


   Oil and Natural Gas - To understand the future

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