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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
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
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
reevaluating the field using Eni’s production data as well as acquiring 3D seismic data to assess the potential for additional reserves within the Quaternary and Pliocene reservoirs. The company has already identified two new gas prospects within
reserves associated with the working interest purchase is 9 bcf of gas equivalent. The 9 bcf does not include any additional reserves associated with proved undeveloped, probable or possible future locations which total 620 in the three units.
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