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Net Proved Reserves

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

  1. McMoRan books South Louisiana onshore subsalt reserves

    Online Articles

    Wed, 20 Feb 2013

    McMoRan Exploration Co., New Orleans, booked 12.9 billion cubic feet equivalent of net proved reserves as the first reserves to be booked in the South Louisiana ultradeep subsalt trend. Consulting engineers engaged for McMoRan

  2. APACHE TO DOUBLE RESERVES WITH AMOCO DEAL

    Magazine Articles

    Mon, 13 May 1991

    Production Co. oil and gas assets. Apache will pay $515 million plus 2 million shares of its common stock for net proved reserves of about 63 million bbl of oil and 288 bcf of gas. The transaction, expected to close by midyear, will be underwritten

  1. QEP to purchase Permian oil assets for $950 million

    Article

    Mon, 16 Dec 2013

    Texas, account for 6,700 boe/d in current net production, 68% of which is crude oil, and 47 million boe in net proved reserves . Estimated net recoverable resources total 300 million boe. The assets contain nine potential horizontal development

  2. QEP to purchase Permian oil assets for $950 million

    Online Articles

    Mon, 9 Dec 2013

    Texas, account for 6,700 boe/d in current net production, 68% of which is crude oil, and 47 million boe in net proved reserves . Estimated net recoverable resources total 300 million boe. The assets contain nine potential horizontal development

  3. OGJ Newsletter

    Article

    Mon, 21 Oct 2013

    will bring the company's lease position in the area to more than 34,000 net acres. PostRock estimates that the net proved reserves being acquired total 574,000 boe, 95% oil and 60% developed. The Woodford is believed to be 200-300 ft thick

  4. W&T Offshore to buy Callon Petroleum assets for $100 million

    Online Articles

    Thu, 17 Oct 2013

    fields. The acquisition supports the company’s efforts to expand its deepwater footprint, W&T said. Total net proved reserves to be acquired are 2.4 million boe, all of which are classified as proved developed reserves; probable reserves

  5. Independent to acquire GeoMet Alabama CBM assets

    Online Articles

    Tue, 7 May 2013

    which was 29% of GeoMet’s total production based upon accounting principles generally accepted in the US. Net proved reserves were estimated at 43 bcf, all proved developed, as of Mar. 31.

  6. PostRock to acquire central Oklahoma properties

    Online Articles

    Tue, 15 Oct 2013

    bring the company’s lease position in the area to more than 34,000 net acres. PostRock estimates that the net proved reserves being acquired total 574,000 boe, 95% oil and 60% developed. The Woodford is believed to be 200-300 ft thick

  7. CNOOC Ltd. to acquire Nexen Inc. for $15.1 billion

    Online Articles

    Mon, 23 Jul 2012

    s North American and Caribbean assets. CNOOC had net production of 909,000 boe/d at the end of 2011 and net proved reserves of 3.19 billion boe. CNOOC said the transaction establishes Calgary as its North and Central American headquarters

  8. OGJ Newsletter

    Online Articles

    Mon, 20 Aug 2012

    wells on 14,000 net acres. As of the effective date, net production was 1,000 b/d of oil equivalent and net proved reserves were 7 million boe, nearly all crude oil. Noble Energy said the next phase of its noncore divestment

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