More Oil & Gas Reserves News

Reforms driving Nigeria's oil, gas output growth, minister says

Oct 4, 2010 Nigeria's Parliament is expected soon to pass into law the Petroleum Industry Bill, Nigeria's Minister of Petroleum Resources Diezani Alison-Madueke told participants at the Rice University Baker Institute for Public Policy in Houston on Sept. 27.

Reforms driving Nigeria's oil, gas output growth, minister says

Sep 28, 2010

Nigeria's Parliament is expected soon to pass into law the Petroleum Industry Bill, Nigeria’s Minister of Petroleum Resources Diezani Alison-Madueke told participants at the Rice University Baker Institute for Public Policy in Houston on Sept. 27.

Oklahoma

Sep 28, 2010

Red Fork Energy Ltd., Subiaco, Western Australia, has established oil production from Pennsylvanian Red Fork sand at eight wells at its 100% owned Pawnee prospect west of Tulsa, Okla.

NPC studies crucial to long-term US strategy, White House says

Sep 19, 2010 Two studies under way by the National Petroleum Council will be crucial to developing a long-term energy, environmental, and economic strategy for the US, Obama administration officials told council members at the group's Sept. 14 meeting.

NPC studies crucial to long-term US strategy, White House says

Sep 14, 2010

Two studies under way by the National Petroleum Council will be crucial to developing a long-term energy, environmental, and economic strategy for the US, Obama administration officials told council members at the group’s Sept. 14 meeting.

Alberta

Sep 10, 2010

Murphy Oil Corp., El Dorado, Ark., obtained a position in the Exshaw/Bakken oil play in southern Alberta under an agreement with Kainaiwa Resources Inc., a corporation owned by the Blood Tribe First Nation.

China wants to hasten coalbed methane development

Sep 6, 2010 China began exploring for and using coalbed methane in the 1990s, but the proven portion of the resource was still very low at the end of 2009, a study by FACTS Global Energy, Singapore, has concluded.

Bulgaria

Sep 2, 2010

A unit of JKX Oil & Gas PLC has spudded Staro Oryahovo South R-1, the first of two wells that will test amplitude-supported gas prospects in Bulgaria.

Delek Group increases stake in Noble Energy

Aug 9, 2010

Israel's Delek Group will pay a second $140 million for an additional 1% stake in Noble Energy Inc., bringing its total share in the Houston-based firm to 4%.

Boost in Marcellus shale jobs, economy expected, study says

Aug 2, 2010 Development of Marcellus shale natural gas could create 280,000 jobs and add $6 billion of federal, state, and local tax revenues over the next decade, a new study commissioned by the American Petroleum Institute concluded.

Study projects boost in Marcellus shale jobs, economy

Jul 22, 2010

Development of Marcellus shale natural gas could create 280,000 jobs and add $6 billion of federal, state, and local tax revenues over the next decade, a new study commissioned by the American Petroleum Institute concluded.

Encana sees N. America gas play efficiencies

Jul 22, 2010

Encana Corp. has only just begun to implement the gas factory approach in its North American resource plays and sees large operational and cost efficiencies in doing so, company management said on a July 21 conference call.

Encana, CNPC to speed BC gas developments

Jul 5, 2010 Encana Corp. and China National Petroleum Corp. signed a heads of agreement under which they would negotiate a joint venture to develop Encana's Northeast British Columbia gas plays

Cash flow analysis assesses China's CBM resource viability

Jul 5, 2010 A cash flow analysis determined that the coalbed methane resources in 42 major basins in China were 36% economic, 14% marginally economic, and 50% uneconomic to develop.

Reliance enters Eagle Ford venture with Pioneer, Newpek

Jul 5, 2010 A subsidiary of Reliance Industries Ltd. (RIL), Mumbai, has entered a joint venture with Pioneer Natural Resources Co., Dallas, and a partner in a $1.35 billion deal that will support the drilling of 356 horizontal wells/year in the Eagle Ford shale play of South Texas through 2013.

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