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Probable Reserves

Probable Reserves news and technical articles from Oil & Gas Journal. Search Probable Reserves latest and archived news and articles

  1. OGJ Newsletter

    Magazine Articles

    Mon, 12 May 2014

    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 in the first quarter included 46,000 b/d of total liquids

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

    Online Articles

    Wed, 7 May 2014

    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 in the first quarter included 46,000 b/d of total liquids

  3. OGJ Newsletter

    Magazine Articles

    Mon, 26 May 2014

    phase. It said drilling results to that point had met or exceeded expectations. The expansion increased proved and probable reserves to 34 million boe from 29 million boe. EnQuest holds 65% interest. Kuwait Foreign Petroleum Exploration Co. holds

  4. LGO to log first Goudron redevelopment well

    Online Articles

    Wed, 14 May 2014

    On pump, the field has produced a total of less than 4 million bbl from primary production. LGO said proved and probable reserves in currently productive zones are estimated at 7.2 million bbl. Proved, probable, and possible reserves are

  5. EnQuest eyes second-half Alma-Galia start

    Online Articles

    Fri, 16 May 2014

    phase. It said drilling results to that point had met or exceeded expectations. The expansion increased proved and probable reserves to 34 million boe from 29 million boe. EnQuest holds a 65% interest. Kuwait Foreign Petroleum Exploration Co

  6. OGJ Newsletter

    Magazine Articles

    Mon, 17 Feb 2014

    and 13% natural gas. The deal gives Baytex additional proved reserves of 106.7 million boe and proved plus probable reserves of 166.6 million boe. Baytex in 2012 purchased 100% working interest in 46 sections of undeveloped oil sands

  7. IOC to buy stake in proposed PNW LNG terminal

    Online Articles

    Mon, 10 Mar 2014

    from northeast British Columbia. An independent yearend 2013 evaluation has estimated the NMJV total proven and probable reserves additions in 2013 to be 960 million boe (5.76 tcfe), a 211% increase from the yearend 2012 balance of 450 million

  8. Vermilion to buy southeast Saskatchewan assets

    Online Articles

    Tue, 18 Mar 2014

    More than 90% of the current production base will be operated by Vermilion. Total proved and proved-plus- probable reserves attributed to the assets by GLJ Petroleum Consultants Ltd. as of Feb. 28 are 10.3 million boe, of which 81

  9. OGJ Newsletter

    Magazine Articles

    Mon, 10 Mar 2014

    licenses so far this year in a 15-well program. All three wells had oil shows and await test results. Proved and probable reserves , according to a December 2012 assessment by Chapman Petroleum Engineering Ltd. for the operator, are 29.3 million bbl

  10. Cenovus gets AER approval for Grand Rapids oil sands project

    Online Articles

    Fri, 21 Mar 2014

    bbl. The IQRE also recognized 78 million bbl of probable reserves . Cenovus expects to be able to convert a significant portion of those probable reserves to prove once the company decides to proceed with

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