More Oil & Gas Reserves News

Total declares Azerbaijan Caspian gas find commercial

Jul 2, 2012

Total E&P Absheron has filed a notice of discovery and commerciality for the Absheron offshore block east of Shah Deniz field in the Caspian Sea offshore Azerbaijan.

Hess eyes North Malay integrated gas development

Jun 21, 2012

Hess Corp. forged agreements with Malaysia’s Petronas to enlarge the PM302 contract area offshore Peninsular Malaysia and create the North Malay basin integrated gas development project.

Anadarko Mozambique gas find marks new complex

Jun 11, 2012

A partnership led by Anadarko Petroleum Corp. said it made a discovery offshore Mozambique that establishes a second major natural gas complex in Offshore Area 1 in the Rovuma basin.

Gran Tierra to delineate Maranon Block 95 in Peru

Jun 11, 2012

Consulting engineers have issued a best estimate contingent resource of 31.6 million stb for Block 95 in the Maranon basin of Peru, said Gran Tierra Energy Inc., Calgary.

China updates data on four key basins in 2010 national resource assessment

Jun 4, 2012

Among the greatest uncertainties in future energy supply and a subject of considerable environmental concern is the amount of oil and natural gas yet to be found in China.

A negative policy verdict

Jun 4, 2012

There is perhaps no area of human endeavor more influenced by government policy than the production and use of energy fuel. And the verdict on that influence is negative.

Deloitte report sees crucial energy role for water management

May 28, 2012

Water management will play an increasingly crucial role in energy globally as well as in the US, experts at Deloitte LLP's 2012 Washington area energy conference forecast on May 21.

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 Norge AS.

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, for $184 million in ARP units.

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 complex.

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 Johann Sverdrup discovery in the North Sea west of Stavanger.

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 field in the Gulf of Mexico.

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 development.

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 unnecessary, experts told a US House Committee on Apr. 17.

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