Instead, we get up to 50 million barrels of oil.

Production (growth) will be (relatively) flat but...the increase in revenue will come from rising oil prices.

We will start pumping oil by the end of 2007, with production of at least 30,000 barrels per day (bpd).

We will be aggressive in exploration, but it depends on rig supply.

Reserves may reach more than 300 million barrels, but we must be conservative with our estimate.

Now that the baseline of demand has returned and (oil) prices returned to around $20 to $21 a barrel, the environment is such that there will be a return to exploration, and Schlumberger will be a big beneficiary.