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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. 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

  2. Jupiter to acquire Bighorn assets from Encana for $1.8 billion

    Online Articles

    Fri, 27 Jun 2014

    net acres along with Encana’s working interests in all pipelines, facilities, and service arrangements. Total net proved reserves in the acreage at yearend 2013 are 1,100 bcf of natural gas equivalent, 75% of which is gas. First quarter production

  3. 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

  4. 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

  5. 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

  6. Encana to acquire Eagle Ford acreage for $3.1 billion

    Online Articles

    Wed, 7 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

  7. 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

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

    Magazine Articles

    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

  9. 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.

  10. 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

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