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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. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. OGJ Newsletter

    Magazine Articles

    Mon, 11 Nov 2013

    production licenses, are expected to average 18 MMcfd net in 2013, and have consultant-estimated proved plus probable reserves of 10.1 million boe net as of yearend 2013. The active wells produce from the Permian Zechstein Stassfurt carbonate

  9. 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

  10. OGJ Newsletter

    Magazine Articles

    Mon, 25 Nov 2013

    only 4% has been recovered. The properties produce 60 b/d of oil equivalent, 75% oil, and have proved plus probable reserves of 224 million boe. As many as 75 horizontal drilling locations are identified, and upside reserve potential exists

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