More Oil & Gas Reserves News
Market said to be declaring death of 'Major Oil model'
Mar 11, 2011
Investors and large oil companies have steered onto paths so divergent that Deutsche Bank Securities Inc. says, “The market is declaring the Major Oil model dead.” |
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Shale plays show how resource work helps economies
Mar 7, 2011
The economic goodness of resource development is, or should be, axiomatic. With inputs of labor and capital, resources yield wealth, the generation of which creates jobs, incomes, and tax revenue for governments.
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Wyoming: Portland utility to buy Jonah field gas
Feb 28, 2011
Northwest Natural Gas Co., Portland, Ore., will buy gas produced by Encana Oil & Gas (USA) Inc. in Jonah field in Wyoming’s Green River basin, subject to approval by the Public Utility Commission of Oregon. |
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Shale plays show how resource work helps economies
Feb 25, 2011
The economic goodness of resource development is, or should be, axiomatic. |
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PIOGA, API launch new Marcellus shale effort
Feb 7, 2011
The Pennsylvania Independent Oil & Gas Association (PIOGA) and the American Petroleum Institute have formed a Marcellus shale public education alliance to provide facts about the tight shale gas resource's energy and economic potential.
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DOE to convert Northeast heating oil reserve to ULSD
Feb 1, 2011
New, more-stringent standards by some US Northeast states were behind the Feb. 1 announcement by the US Department of Energy that it will convert inventory in the Northeast Home Heating Oil Reserve to ultralow-sulfur distillate fuel oil. |
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Chesapeake, CNOOC eye Niobrara in Rockies
Jan 31, 2011
CNOOC Ltd.’s CNOOC International Ltd. will join Chesapeake Energy Corp. in a Niobrara-focused exploration and production program in the Denver-Julesburg and Powder River basins. |
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Watching The World: Saudi Arabia going nuclear
Jan 31, 2011
The international oil and gas industry experienced a correction of perception in Saudi Arabia last week when delegates at a conference heard that the kingdom is going nuclear.
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Encana: 'We own the Piceance'
Jan 17, 2011
When listing the public companies that want to be associated with liquids resource plays as opposed to gas plays, don't include Encana Corp.
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Texas leads North Dakota in 2009 oil reserves hike
Jan 3, 2011
Texas' Permian basin topped North Dakota's Bakken play as contributors to a 9% increase in US crude oil and condensate reserves in 2009 as shale plays drove gas reserves to the highest since 1971.
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Total reserves, production climb on mixed results
Dec 6, 2010
With the inclusion of some large oil reserves in Africa and a boost in Venezuela, Oil and Gas Journal's annual look at reported worldwide reserves shows an increase to 1.47 trillion bbl from 1.35 trillion bbl in last year's survey. |
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Hobbs named president of geological institute
Dec 2, 2010
The American Geological Institute has named G. Warfield “Skip” Hobbs as president. He was inducted at the Geological Society of America annual meeting in Denver in November. |
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BLM releases EA for Magnum gas storage project
Nov 24, 2010
The US Bureau of Land Management, as a cooperating agency with the US Federal Energy Regulatory Commission, released the environmental assessment (EA) for the proposed Magnum gas storage project and proposed Pony Express resource management plan amendment on Nov. 23. |
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OPEC: Global oil demand rising, with marked upswing in Asia
Nov 22, 2010
The Organization of Petroleum Exporting Countries forecasts continued growth in global oil demand over the next 20 years, while acknowledging the potential impact of environmental policies on the energy market.
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Clinton: US willing to help Papua New Guinea manage LNG revenues
Nov 8, 2010
US Sec. of State Hillary Clinton offered the nation's help to Papua New Guinea in creating a sovereign wealth fund to manage its coming resource revenues and avoid the so-called "resource curse."
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