Oil & Gas Reserves News

OGJ100 companies report higher 2010 earnings, output

Oct 3, 2011 In 2010 the collective financial results of the world's oil and natural gas producers improved from 2009, according to Oil & Gas Journal's survey of the 100 leading producers based outside the ...

Wintershall group to develop Maria offshore Norway

May 23, 2012 An appraisal well north of the 2010 Maria oil and gas discovery in the Norwegian Sea has confirmed the initial resource estimate and supported the upper end of discovery volumes, said Wintershall N...

Atlas to acquire Titan Fort Worth Barnett shale assets

May 17, 2012 Atlas Resources Partners LP, Philadelphia, will acquire 250 bcf equivalent of proved reserves in the Barnett shale in the Fort Worth basin from Titan Operating LLC, private Fort Worth independent, ...

BG has Cretaceous gas find off southern Tanzania

May 16, 2012

BG Group is preparing to spud its sixth wildcat offshore southern Tanzania after reporting a fifth gas discovery at the Mzia-1 exploratory well on Block 1.

Anadarko adds 7 to 20+ tcf at Golfinho off Mozambique

May 15, 2012 The Anadarko Petroleum Corp. group has added 7 to 20+ tcf of recoverable gas to its discovered trove offshore Mozambique at an exploratory success nearly 20 miles northwest of its Prosperidade comp...

Statoil groups eye next steps in Barents, North seas

May 10, 2012 Groups led by Statoil ASA plan to further explore the Barents Sea offshore Norway in the vicinity of the Skrugard and Havis discoveries while working toward a late 2018 production start for the Joh...

BP lets contract for second Mad Dog spar

Apr 30, 2012 BP Exploration & Production Inc. let a front-end engineering design contract to Technip for a spar hull and mooring systems for the second phase of development of deepwater Mad Dog oil and gas ...

Continued R&D essential to tap US tight oil, panel told

Apr 23, 2012 The successful recovery of oil and natural gas from previously inaccessible tight shales with hydraulic fracturing and horizontal drilling does not mean further research and development is unnecess...

Obama forms unconventional gas interagency working group

Apr 23, 2012 US President Barack Obama issued an executive order establishing an interagency working group to coordinate federal policies to support safe and responsible US unconventional natural gas resource d...

USGS updates non-US oil, gas, NGL conventional resource estimates

Apr 19, 2012 The US Geological Survey estimates that the world’s undiscovered, technically recoverable conventional oil and gas resources outside the US total 565 billion bbl of oil, 5,606 tcf of natural gas, a...

Utah: Resolute, Navajos buy Denbury's Aneth interest

Apr 11, 2012 Resolute Energy Corp. and the Navajo Nation Oil & Gas Co. have acquired nonoperated assets in giant Greater Aneth oil field in the Paradox basin of Utah from Denbury Resources Inc., Plano, Tex....

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Offshore Middle East Conference & Exhibition

January 21, 2013
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