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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. Shell reshuffles US shale assets in two major deals

    Magazine Articles

    Mon, 25 Aug 2014

    agreement is effective Apr. 1 and expected to close this year. Ultra says the deal with Shell will increase its net proved reserves by 1.8 tcfe and expand company-operated production to 82% from 62%. Shell's recent shale activity Marin

  2. OGJ Newsletter

    Magazine Articles

    Mon, 14 Jul 2014

    producing 82 MMcfd net of natural gas. Estimated net proved reserves , as of the July 1, total 208.3 bcf, 55% of ..... gas equivalent from 36 MMcfed, while its pro forma net proved reserves will increase by more than 100% to 410.8 bcfe

  3. Warren Resources to enter Marcellus with assets purchase

    Online Articles

    Mon, 7 Jul 2014

    producing 82 MMcfd net of natural gas. Estimated net proved reserves , as of the July 1, total 208.3 bcf, 55% of ..... gas equivalent from 36 MMcfed, while its pro forma net proved reserves will increase by more than 100% to 410.8 bcfe

  4. Shell reshuffles US shale assets in two major deals

    Online Articles

    Thu, 14 Aug 2014

    agreement is effective Apr. 1 and expected to close this year. Ultra says the deal with Shell will increase its net proved reserves by 1.8 tcfe and expand company-operated production to 82% from 62%. Shell’s recent shale activity Marin Odum

  5. OGJ Newsletter

    Magazine Articles

    Mon, 28 Jul 2014

    operated. Net production from the acreage totaled 2,173 boe/d in May from 131 gross (94 net) producing wells. Net proved reserves , based on Diamondback's internal estimates as of June, totaled 5.2 million boe on a two-stream basis. Diamondback

  6. Diamondback to expand Midland basin acreage

    Online Articles

    Wed, 23 Jul 2014

    operated. Net production from the acreage totaled 2,173 boe/d in May from 131 gross (94 net) producing wells. Net proved reserves , based on Diamondback’s internal estimates as of June, totaled 5.2 million boe on a two-stream basis. Diamondback

  7. W&T Offshore completes purchase of deepwater gulf assets

    Online Articles

    Wed, 21 May 2014

    Arcadius on Garden Banks Block 346, just one block south of the company’s producing Power Play field. Total net proved reserves acquired are 1.9 million boe with a PV-10 of $53 million and probable net reserves of 1.1 million boe. Average

  8. OGJ Newsletter

    Magazine Articles

    Mon, 12 May 2014

    d in the first quarter and has an estimated drilling inventory of more than 400 locations. At yearend 2013, net proved reserves totaled 59 million boe while net proved and probable reserves totaled 69 million boe. Production from the acreage

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