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Copyright © 2010: PennWell Corporation
All Rights Reserved.
Net Proved Reserves news and technical articles from Oil & Gas Journal. Search Net Proved Reserves latest and archived news and articles
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
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
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.
South Louisiana subsalt reserves McMoRan Exploration Co., New Orleans, booked 12.9 bcf of gas equivalent of net proved reserves as the first reserves to be booked in the South Louisiana ultradeep subsalt trend. Consulting engineers engaged
was oil, 46% was gas, and the rest was natural gas liquids. As of Dec. 31, 2012, some 140 million boe of net proved reserves was associated with the assets involved in the JV. As the operator of the project, Chesapeake will conduct all
was oil, 46% was gas, and the rest was natural gas liquids. As of Dec. 31, 2012, some 140 million boe of net proved reserves was associated with the assets involved in the JV. As the operator of the project, Chesapeake will conduct all
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
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
effective date of Apr. 1, Noble Energy said. As of Apr. 1, net production was nearly 60 MMcfd of gas equivalent and net proved reserves were 250 bcf of gas equivalent. Production is 65% gas, 27% NGLs, and 8% oil. David L. Stover, Noble Energy
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 program