More Oil & Gas Reserves News

Varied plays alter US Lower 48 exploratory landscape

Aug 18, 2011

Oil and wet gas plays of all types are revitalizing basins, reducing unemployment, stressing demand for rigs and other services, and reversing production declines in the US onshore Lower 48, speakers said Wednesday at a session leading up to the Summer NAPE exposition in Houston.

Watching The World: Fishing in dangerous waters

Aug 15, 2011

A friend once observed that the Iranians are a smart people: They read history and study maps. These days, they're diligently studying maps of the East Mediterranean's oil and gas resources, and planning to "help" Lebanon explore for it.

Newfield sees big Uinta oil potential in new plays

Aug 15, 2011

Newfield Exploration Co., Houston, said it sees a net resource potential of more than 700 million bbl of oil equivalent on its holdings in the Uinta basin in the wake of two acquisitions that closed in May that added 70,000 net acres for $300 million.

Falklands recovery seen at 325-434 million bbl

Aug 15, 2011

The Sea Lion main complex in the North Falkland basin could yield ultimate recovery of 325-434 million bbl of oil, said Rockhopper Exploration PLC.

Watching The World: Fishing in dangerous waters

Aug 15, 2011

A friend once observed that the Iranians are a smart people: They read history and study maps. These days, they're diligently studying maps of the East Mediterranean's oil and gas resources, and planning to "help" Lebanon explore for it.

Newfield sees big Uinta oil potential in new plays

Aug 15, 2011

Newfield Exploration Co., Houston, said it sees a net resource potential of more than 700 million bbl of oil equivalent on its holdings in the Uinta basin in the wake of two acquisitions that closed in May that added 70,000 net acres for $300 million.

Brazil: Fourth Solimoes exploratory well spuds

Aug 11, 2011

HRT O&G Exploracao e Producao de Petroleo Ltda., Rio de Janeiro, has spud its fourth exploratory well, designated 1-HRT-4-AM, in the Solimoes basin in northwestern Brazil.

Beach posts shale gas figures in the trillions

Aug 10, 2011

Beach Energy Ltd., Adelaide, booked initial contingent resources of 2 tcf of gas for its Cooper basin PEL 218 permit in South Australia.

Utah: Berry developing multiple oil zones in Uinta

Aug 4, 2011

Berry Petroleum Co., Denver, estimated that its risked resource potential in the Uinta basin is 65 million bbl of oil equivalent excluding its proved developed reserves in the basin of 11 million boe.

Watching The World: Ice Station Zebra?

Jul 11, 2011 There may be one or two members of the oil and gas industry who remember the 1968 action film, Ice Station Zebra, starring Rock Hudson and Ernest Borgnine, among others, which was loosely based on the 1963 novel of the same name.

Oil, gas remains a target as Obama enters deficit debate

Jul 11, 2011 The oil and gas industry remained a primary tax target as US President Barack Obama took a more active role in federal deficit negotiations this week.

Oil, gas remains a target as Obama enters deficit debate

Jul 1, 2011

The oil and gas industry remained a primary tax target as US President Barack Obama took a more active role in federal deficit negotiations on this week.

Canada's AltaGas gets final nod for Montney gas plant

Jun 22, 2011

AltaGas Ltd., Calgary, has received final regulatory approval to begin building its 120-MMcfd Gordondale gas processing plant about 100 km northwest of Grande Prairie, Alta. The plant will be equipped with liquids extraction (OGJ, June 6, 2011, p. 88).

EQUIPMENT | SOFTWARE | LITERATURE

Jun 13, 2011

BP, ConocoPhillips stop development of Denali ANS gas line

May 17, 2011

The Denali project, a joint venture of BP PLC and ConocoPhillips, is stopping efforts to develop a pipeline that would transport Alaska North Slope natural gas to the US Lower 48.

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January 26, 2015
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