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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 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

  2. 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

  3. Energy XXI, EPL Oil & Gas to merge in $2.3 billion deal

    Article

    Mon, 17 Mar 2014

    b/d of oil (OGJ Online, Oct. 23, 2013). The properties being sold are estimated to contain net proved and probable reserves of 106.3 million boe, 71% of which is oil. Proved reserves are estimated at 54.9 million bbl of oil and 139

  4. OGJ Newsletter

    Article

    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

  5. 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

  6. IOC to buy stake in proposed PNW LNG terminal

    Article

    Mon, 17 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

  7. OGJ Newsletter

    Article

    Mon, 24 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

  8. Energy XXI, EPL Oil & Gas to merge in $2.3 billion deal

    Online Articles

    Wed, 12 Mar 2014

    b/d of oil ( OGJ Online, Oct. 23, 2013 ). The properties being sold are estimated to contain net proved and probable reserves of 106.3 million boe, 71% of which is oil. Proved reserves are estimated at 54.9 million bbl of oil and 139

  9. OGJ Newsletter

    Article

    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

  10. Loyz Energy to buy stake in Thai licenses

    Online Articles

    Wed, 5 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

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