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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, 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. OGJ Newsletter

    Magazine Articles

    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

  7. 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

  8. 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.

  9. OGJ Newsletter

    Magazine Articles

    Fri, 22 Feb 2013

    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

  10. Sinopec to buy stake in Chesapeake's Mississippi Lime acreage

    Online Articles

    Mon, 25 Feb 2013

    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

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