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Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Additional Reserves news and technical articles from Oil & Gas Journal. Search Additional Reserves latest and archived news and articles
The OMV-led joint venture at Maari oil field in the Taranaki basin off New Zealand has confirmed additional produceable oil reserves are contained within a separate reservoir, designated M2A, about 50 m above the main Moki formation.
Royal Dutch/Shell Group has warned that it might make another revision to its oil and natural gas reserves, saying that it is considering an additional reduction of 900 million boe.
potential agreement. Shona is proactively planning a four to five-well drilling program in 2013 to establish additional reserves in order to fully commit to the proposed 5-year term extension and establish a basis for other gas contracts
well reserves. Accordingly, some operators opt for vertical wells in this play, reasoning that the anticipated additional reserves in a horizontal well do not justify the extra drilling and completion costs. At this time, a conventional vertical
R at 4-5% would require additional reserves to supplement the current ..... reserves. In this case, additional reserves of 3 billion bbl/year need ..... enhanced recovery but also by additional reserves from within and-or without
to the UK market. The acquisition adds material long-term production to Centrica’s portfolio, providing additional reserves of 36 million boe, an increase of about 9% split 60-40 between liquids and gas. The resulting net increase
through a template that was shut down in 2006. An exploration well east of the shut-in template in 2009 proved additional reserves in the area and led to the new development. Statoil has already awarded all development contracts, except for
place. • Predict reservoir performance under depletion drive. • Predict reservoir performance and estimate additional reserves from a waterflood. • Recommend the possible development plan based on the available data. Displaying 1/4
production is declining and price is fixed across the forecast period, and we assume that no investment to acquire additional reserves or slow decline will be made. Our assessment only covers the existing inventory of structures, and new installations
northeast sector of Block 31 is proceeding with first production targeted in 2012. Maari field partners confirm additional reserves The OMV-led joint venture at Maari oil field in the Taranaki basin off New Zealand has confirmed additional produceable