The Russian explorer said an audit by Miller and Lents had pegged 17.401 billion barrels of oil equivalent in proven reserves at 31 December 2013, compared to 17.296 billion boe a year earlier, a reserve replacement ratio of 100.6%.

Last month Lukoil had said it expected to report a reserve replacement ratio of 112%.

The company said exploration, production drilling and acquisitions had ultimately added 822 million boe to proven reserves in 2013.

“The