More Oil & Gas Reserves News

Israel's offshore gas reserves poised to rise

Nov 7, 2011

Israel’s reserves of natural gas, now under development in the country’s Mediterranean offshore, are poised to rise substantially in the near future, according to a senior government official.

How Haynesville shale will lift Louisiana's gas production profile

Nov 7, 2011

Conventional oil and gas production in Louisiana has been in steady decline for 4 decades, but in recent years, new technology and innovation has opened up a new resource play in the Haynesville shale that is expected to play an important role in the state for many years.

Dependent on dependence: Are economic calculations of expected hydrocarbon accumulations worthwhile?

Nov 7, 2011

This article is concerned with showing that the dependence of probable success between two reservoirs has far-reaching consequences for the expected value, volatility, and cumulative probability of anticipated hydrocarbon reserves.

Oil promise seen in multiple Three Forks benches

Nov 3, 2011

As many as four dolomite benches in the Three Forks formation that underlies the Bakken in the Williston basin may have oil potential, said Continental Resources Inc., Enid, Okla.

Realizing potential

Oct 31, 2011

Significant advances in technology have unlocked abundant quantities of natural gas and crude oil in North America, but the potential benefits of these resources can only be realized through prudent development.

Eni hikes Mozambique find's potential to 7.5 tcf

Oct 27, 2011

Eni SPA boosted its estimate of the potential of its Mamba South-1 discovery off Mozambique by 50% to 7.5 tcf of gas in place after deepening it through a separate pool with 90 m of gross pay.

Statoil doubles estimate of Aldous discovery

Oct 25, 2011

Norway's Statoil said part of its newly discovered Aldous Major South field in the North Sea is twice as large as first thought, raising its estimate as much as 3.3 billion boe.

Green River shale oil in place put at 1.45 trillion bbl

Oct 24, 2011

About 1.45 trillion bbl of shale oil is estimated to be in place in the Eocene Green River formation in the Green River and Washakie basins in southwestern Wyoming, the US Geological Survey said.

North extension of Aldous Major South confirmed

Oct 18, 2011

A group led by Statoil ASA has confirmed a northern extension of the Aldous Major South structure in the North Sea off Norway.

GCA: Turkmenistan's Iolotan gas field is world's second-largest

Oct 13, 2011

Gaffney, Cline & Associates (GCA) said Turkmenistan’s South Iolotan natural gas field is the world’s second-largest, with an estimated 21.2 trillion cu m (tcm) of gas reserves.

Anadarko group sees at least 10 tcf off Mozambique

Oct 5, 2011

Anadarko Petroleum Corp. said its latest exploratory well off Mozambique found 140 net ft of gas pay in Miocene and Oligocene sand packages shallower than those in earlier wells and boosted its view of the resource potential of Offshore Area 1 to at least 10 tcf of gas.

GDF Suez lets Cygnus field FEED contract

Oct 3, 2011

GDF Suez E&P UK has taken a step toward development of its large Cygnus natural gas discovery in the southern gas basin of the UK North Sea.

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 US.

Watching Government: Mulling a Marcellus impact fee

Oct 3, 2011

Democrats and a few Republicans in Pennsylvania's general assembly have called for a severance tax on natural gas produced from the Marcellus shale formation.

Clontarf sees growth potential at Bolivian fields

Sep 30, 2011

Clontarf Energy PLC sees potential for increased activity in Bolivia, where the company or its affiliates own interests in Monteagudo oil and gas field and El Dorado gas-condensate field in the Chaco basin.

Market Connection

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PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

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Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

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January 26, 2015
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