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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. Cenovus receives approvals for Telephone Lake oil sands project

    Online Articles

    Tue, 18 Nov 2014

    6 billion bbl. Cenovus expects to reclassify a significant portion of these contingent resources to proved plus probable reserves once a development plan is approved by the company. The company expects to make a decision on the timing of development

  2. Global reserves, oil production show increases for 2014

    Magazine Articles

    Mon, 1 Dec 2014

    billion bbl, and gas reserves declined 2% to 72.3 tcf. As a result of annual production and the relocation of probable reserves into the proved category, the UK's latest proved reserves have been estimated at 2.98 billion bbl of oil and

  3. Gas price uncertainty could defer projects, Niko says

    Magazine Articles

    Mon, 17 Nov 2014

    development of these discoveries could be deferred." Niko said it is evaluating plans for the undeveloped proved and probable reserves in the D6 and NEC-25 blocks (OGJ Online, Feb. 15, 2013). "Material reductions in the reported reserves

  4. SM Energy to acquire North Dakota assets from Baytex

    Online Articles

    Thu, 31 Jul 2014

    90% operated, produced 3,200 boe/d in the second quarter, and, as of Dec. 31, 2013, held proved plus probable reserves of 53.5 million boe, 81% of which is oil and natural gas liquids . SM Energy will receive interests in 126 drilling

  5. Investors watch with interest as Mexican energy reforms unfold

    Online Articles

    Tue, 23 Sep 2014

    The areas contain 3,782 million boe in proved and probable reserves , and 14,606 million boe in prospective resources ..... granted more than 90% of the country’s proved and probable reserves , totaling 21 billion boe, and 83% of its prospective

  6. Investors watch with interest as Mexican energy reform unfolds

    Magazine Articles

    Mon, 29 Sep 2014

    The areas contain 3,782 million boe in proved and probable reserves , and 14,606 million boe in prospective resources ..... granted more than 90% of the country's proved and probable reserves , totaling 21 billion boe, and 83% of its prospective

  7. Mexico accelerates energy reform efforts

    Online Articles

    Mon, 18 Aug 2014

    Aug. 13 announced Pemex would be granted all of its requested producing and probable reserves , estimated at 83% of Mexico’s total producing and probable reserves . Pemex was granted 21% of Mexico’s prospective resources instead of the

  8. Mexico accelerates energy reform efforts

    Magazine Articles

    Mon, 25 Aug 2014

    Aug. 13 announced Pemex would be granted all of its requested producing and probable reserves , estimated at 83% of Mexico's total producing and probable reserves . Pemex was granted 21% of Mexico's prospective resources instead of the 31

  9. CLOV development starts up offshore Angola

    Online Articles

    Thu, 12 Jun 2014

    floating production, storage, and offloading vessel in 1,100-1,400 ft of water 140 km off Luanda. Proved and probable reserves exceed 500 million bbl, Total said. The CLOV vessel, with storage capacity of 1.8 million bbl of oil, is the

  10. Joint venture launches refinery in Kurdistan

    Online Articles

    Tue, 15 Apr 2014

    d, which Black Diamond plans to increase by 22,000 b/d starting in May, the company said. With proved and probable reserves totaling 607 million bbl of an estimated 1.7 billion bbl of oil in place, Taq Taq—Kurdistan region’s largest

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