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Estimated Proved Reserves

Estimated Proved Reserves news and technical articles from Oil & Gas Journal. Search Estimated Proved Reserves latest and archived news and articles

  1. BreitBurn to acquire additional Permian assets

    Online Articles

    Fri, 13 Dec 2013

    net production of 2,900 boe/d in October, an overall reserve life index of more than 15 years based on estimated proved reserves of 16.6 million boe, with 93 producing wells and more than 300 potential drilling locations. “This is our

  2. Penn Virginia appoints chief operating officer

    Online Articles

    Tue, 17 Dec 2013

    19,000 net) acres with 43 producing wells and 345 potential drill sites. Penn Virginia said at the time estimated proved reserves were 12 million boe with production of 3,200 boe/d ( OGJ Online, Apr. 8, 2013 ). In October 2012, the

  1. Barrett writes down Rockies gas values, embraces liquids

    Online Articles

    Mon, 4 Feb 2013

    net wells. The $963 million in 2012 capital spending included drilling 288 gross-185 net wells. Yearend estimated proved reserves were 1.04 tcf equivalent, 29% oil and 59% developed. The reserves reflect 74% growth in proved reserves

  2. Penn Virginia to buy Eagle Ford shale assets from Magnum Hunter

    Online Articles

    Mon, 8 Apr 2013

    000 net) acres includes 43 producing wells and 345 potential drill sites in Gonzales and Lavaca counties. Estimated proved reserves are 12 million boe with current production of 3,200 boe/d, Penn Virginia said. Closing is scheduled for

  3. OGJ Newsletter

    Magazine Articles

    Mon, 15 Apr 2013

    000 net) acres includes 43 producing wells and 345 potential drill sites in Gonzales and Lavaca counties. Estimated proved reserves are 12 million boe with current production of 3,200 boe/d, Penn Virginia said. Closing is scheduled for

  4. OGJ Newsletter

    Magazine Articles

    Mon, 11 Feb 2013

    net wells. The $963 million in 2012 capital spending included drilling 288 gross-185 net wells. Yearend estimated proved reserves were 1.04 tcf equivalent, 29% oil and 59% developed. The reserves reflect 74% growth in proved reserves

  5. Avoiding US oil resource surprises requires enhanced information system

    Online Articles

    Mon, 5 Nov 2012

    That state owns only 6% of Bakken mineral estates and 2% of surface interest. 26 EIA has not published estimated proved reserves for the Bakken play, but its 1.4 billion bbl proved reserves estimate for the Williston basin (Montana

  6. Forest Oil selling noncore South Texas gas assets

    Online Articles

    Thu, 3 Jan 2013

    of Jan. 1. The properties, which produced 66 MMcfed (86% natural gas) during third-quarter 2012, had estimated proved reserves of 272 bcfe (85% natural gas) as of Dec. 31, 2011. Forest intends to use the proceeds from this divestiture

  7. Halcon to buy GeoResources, boost unconventional assets

    Online Articles

    Wed, 25 Apr 2012

    prolific unconventional liquids plays in the United States.” The transaction will increase Halcon’s estimated proved reserves by more than 150% to 52.8 million boe, 69% of which is liquids, and boost its average net production by

  8. Halcon Resources to acquire Williston basin assets

    Online Articles

    Tue, 23 Oct 2012

    d net. Third-party reserve engineers have estimated proved reserves at 42.4 million boe, of which 88% is oil ..... leverage profile and will effectively increase our estimated proved reserves on a pro forma basis by over 58% to approximately

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