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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. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

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

    Magazine Articles

    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

  8. Loyz acquires interests in central Thailand

    Online Articles

    Mon, 5 May 2014

    drilled three wells in 15-well program planned this year for the concessions. Loyz said all three wells had oil shows and await testing. The concessions are estimated to have gross proved and probable reserves of 29.6 billion bbl.

  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. 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

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