"Against the foregoing, I am pleased to present to you an overview of the Nation's oil, condensate, associated gas, and non-associated gas reserves as of January 1st, 2025, as follows: 1) 2P Crude Oil and Condensate reserves stand at 31.44 Billion Barrels and 5.84 Billion Barrels respectively, amounting to a total of 37.28 Billion Barrels. 2) 2P Associated Gas and Non-Associated Gas reserves stand at 101.03 Trillion Cubic Feet (TCF) and 109.51 TCF, respectively, resulting in total Gas reserves of 210.54 TCF. 3) The Reserves Life Index is 64 and 93 years for Oil and Gas, respectively.