Oil Reserve
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Rep. Barton exploring options for filling US strategic oil reserve
… Beaumont, Tex., one of four sites holding the nation's oil reserve of 544.7 million bbl (OGJ Online, Sept. 27). Barton ..... expanded by 80 million bbl for $200-300 million. Existing oil reserves would support a drawdown rate of 4 million b/d, Barton …
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Comment: Market gives OPEC opportunity to improve oil reserves data
… Exporting Countries to reevaluate their oil reserves and publish more accurate data than ..... exaggerate reserves. Analysis of OPEC oil reserves -more than two thirds of the world ..... countries have the right to keep their oil reserves figures confidential, they must realize …
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Iraq hikes oil reserves estimate to 143 billion bbl
… Iraqi government has raised its estimate of the country’s oil reserves to 143 billion bbl from 115 billion bbl. Citing work by ..... replaces Iran as the third-ranking country in reported oil reserves . At the beginning of this year, Iran had reserves of 137 …
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Venezuela claims 23% increase in oil reserves
Venezuela said its proved oil reserves rose by 23% to 211.17 billion bbl due to the addition of ..... current technology. In addition to the 39.24 billion bbl of oil reserves , Venezuela added 3.7 tcf of natural gas to its reserves …
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SEC rules might have meant US oil reserves hike
Proved US crude oil reserves fell by more than 10% in 2008 ..... EIA noted. Under the old system, oil reserves fell to 19.1 billion bbl, largely ..... under the new reporting method." Oil reserves added in 2008 include 375 million …
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SEC rules might have meant US oil reserves hike
… HOUSTON, Oct. 30 – Proved US crude oil reserves fell by more than 10% in 2008, but ..... EIA noted. Under the old system, oil reserves fell to 19.1 billion bbl, largely due to ..... under the new reporting method.” Oil reserves added in 2008 include 375 million bbl …
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Ugandan oil reserves reach 2 billion bbl
… rigorous exploration activity, her country’s confirmed oil reserves reached 2 billion bbl in June—the end of the 2008-09 fiscal ..... September, was based on the discovery of 300 million bbl of oil reserves , along with a small amount of natural gas. Since then …
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Venezuela says oil reserves now at 142.31 billion bbl
… LOS ANGELES, Sept. 18 -- Venezuela's ministry of energy and petroleum has added 7.43 billion bbl to the country's oil reserves , raising them to 142.31 billion bbl. The ministry said the new proved reserves are in the Junin, Junin Block 1, Campos …
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Kuwait trying to clarify oil reserves
… clarify the volume of Kuwaiti estimated oil reserves , Energy Minister Ali al-Jarah al ..... web site. "The volume and truth of oil reserves will be announced based on clear scientific ..... competencies." Kuwait has estimated its oil reserves at 100 billion bbl, but it has been …
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Venezuela launches Phase 2 of oil reserves project
… Phase 2 of the Orinoco Magna Reserva oil exploration project, which the government hopes will greatly increase Venezuela's oil reserves . Phase 2 involves drilling two oil wells in Campo Carabobo 1 in Anzoategui state to determine the extent of crude reserves …
