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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.
development on the company's deep offshore operated Block 17, 135 km offshore Angola. Dalia Phase 1A will develop additional reserves of 51 million bbl and will contribute 30,000 b/d to the block's production. The Dalia Phase 1A project involves
development on the company’s deep offshore operated Block 17, 135 km offshore Angola. Dalia Phase 1A will develop additional reserves of 51 million bbl and will contribute 30,000 b/d to the block’s production. The Dalia Phase 1A project involves
factor could be improved significantly. If total recovery is increased to 35%, as much as 0.5 million bbl of additional reserves could be recovered. Given the low production, long history, and sizeable remaining reserves, this lease may
a decade now. He said it however poses a challenge because companies are not challenged to go out and look for additional reserves because there are no immediate downstream projects. Trinidad and Tobago exports LNG via Atlantic LNG, it is also
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
sidetrack or tieback opportunities exist in their futures. Structure removals frequently are delayed as operators seek additional reserves and alternative uses for their assets. Capital expenditures may be successful in restoring or maintaining production
operators focused in the region have been forced to look outside of the productive fairways and other areas to find additional reserves . Despite the opinion that the southern North Sea has little left to offer, many exploration companies are revisiting
Today's announcement means another entrepreneurial company will be working to accelerate production and find additional reserves on the North Slope. Hilcorp has a proven record of improving production in Cook Inlet, and their new North Slope