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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.
21 and Tawke-22—and the highly deviated Benenan-4 well in the Erbil license designed to appraise the additional reserves encountered in Benenan field by the Benenan-3 well ( OGJ Online, Nov. 7, 2012 ). DNO holds a 55% interest
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
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
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
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
tie-back fields to the Schiehallion and Loyal infrastructure (Fig. 3). The redevelopment aims to produce additional reserves from the extensively faulted and compartmentalized Lower Paleocene stacked deepwater turbidite sandstones that are a combination