More Oil & Gas Reserves News
McMoRan books South Louisiana onshore subsalt reserves
Feb 20, 2013
McMoRan Exploration Co., New Orleans, booked 12.9 billion cubic feet equivalent of net proved reserves as the first reserves to be booked in the South Louisiana ultradeep subsalt trend.
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Ecopetrol reports 1.1% increase in proved reserves
Feb 17, 2013
Colombia’s state Ecopetrol said its audited proved reserves were up 1.1% for the year ended Dec. 31, 2012, to 1.877 billion bbl of oil equivalent. |
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China sees 2011 resource gains, more growth by 2030
Feb 4, 2013
China has begun the annual national oil and gas resources assessment after China's National Petroleum Assessment 2007. |
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Partners sought to pursue Arckaringa basin shales
Jan 28, 2013
Linc Energy Ltd., Brisbane, will seek international partners with expertise and funding to explore and develop shale oil potential in the Arckaringa basin in South Australia, where consulting engineers identified formations that have total organic carbon, permeability, porosity, and thicknesses that compare favorably to the Bakken and Eagle Ford in the US. |
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Continental nearly doubles Bakken reserves
Jan 23, 2013
Continental Resources Inc., Oklahoma City, the top producer and leaseholder in the Williston basin Bakken play, said it increased its end-2012 proved reserves 54% to 785 million bbl of oil equivalent, 72% oil. |
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Rosneft reports hikes in oil, gas reserves
Jan 23, 2013
Rosneft’s reserves of crude oil increased by 2% last year and of natural gas by 33% under Securities and Exchange Commission assessment methods, the company reported on the basis of an audit by DeGolyer & MacNaughton. |
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Egdon touts East Midlands shale gas resource estimate
Jan 21, 2013
Egdon Resources PLC said it is encouraged by results of a resource evaluation that indicates that geological conditions appear favorable for development of a potentially material shale on two UK East Midland licenses in which the company holds interests. |
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Nexen gets UK go-ahead to develop Solitaire field
Jan 17, 2013
The UK Department of Energy and Climate Change has authorized Nexen Inc. to develop Solitaire field, expected to go on production in 2015 and eventually recover 8 million bbl of oil. |
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Egdon touts East Midlands shale gas resource estimate
Jan 16, 2013
Egdon Resources PLC said it is encouraged by results of a resource evaluation that indicates that geological conditions appear favorable for development of a potentially material shale on two UK East Midland licenses in which the company holds interests. |
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Study upgrades Hoole oil sands resource
Jan 10, 2013
Cavalier Energy Inc. has received an independent assessment of its Hoole oil sands leases in Alberta indicating probable reserves of 93 million bbl of recoverable bitumen in sections for which it is seeking approval for in situ development (OGJ Online, Dec. 17, 2012). |
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Resource plays could help refill trans-Alaska pipeline
Jan 7, 2013
Can Alaska match some of the other emerging oil plays in the Lower 48, namely the Eagle Ford shale and the Bakken? |
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ERCB: Alberta frac job leak caused by insufficient spacing
Dec 24, 2012
Insufficient distance between wellbores caused a vertical oil well to leak fluids after hydraulic fracturing of a nearby horizontal well last January in Red Deer County, Alta., an investigation by the Alberta Energy Resources Conservation Board has determined. |
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House subcommittee examines focus of federal energy R&D support
Dec 17, 2012
Federal support of early-stage energy research and development in the 1980s and '90s led to technologies responsible for today's US oil and gas renaissance, witnesses reminded a US House Science, Space, and Technology subcommittee. |
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BHP Billiton awarded deepwater blocks off Trinidad and Tobago
Dec 11, 2012
Trinidad and Tobago announced that BHP Billiton and its partners have been awarded all four of the deepwater blocks approved by the Caribbean twin-island nation in its 2012 deepwater bid round. |
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Carbon policies may limit shale gas production growth, expert warns
Dec 10, 2012
Policies to restrict carbon emissions potentially could inhibit significant production growth from US shale gas formations, an expert warned. |
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