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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, 21 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

  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. 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

  4. 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

  5. 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

  6. 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

  7. EnQuest to acquire interests off Tunisia

    Online Articles

    Wed, 29 May 2013

    good-quality reservoir with a water cut of about 60%. EnQuest estimates Didon’s net producing proved and probable reserves at 2 million boe. It expects reserves to increase with further development involving the drilling of two infill

  8. Exploration/Development Briefs

    Magazine Articles

    Mon, 24 Jun 2013

    spud the Sword-1 well later this month as an extended reach well projected to 19,000 ft MD. Sword-1 targets probable reserves in an adjacent fault block to WMR field and test an upthrown fault closure. Internal 3D seismic shows a faulted

  9. Alaska: Miller Energy updates Cook Inlet operations

    Online Articles

    Wed, 12 Jun 2013

    spud the Sword-1 well later this month as an extended reach well projected to 19,000 ft MD. Sword-1 targets probable reserves in an adjacent fault block to WMR field and test an upthrown fault closure. Internal 3D seismic shows a faulted

  10. Petronas okays Lundin Malaysia’s Bertam oil development

    Online Articles

    Thu, 10 Oct 2013

    which Lundin Malaysia submitted in July, looks toward drilling in 2014 and a production start in 2015. Proved and probable reserves total 17 million bbl of oil, and peak production is pegged at 15,000 b/d. Lundin Malaysia will develop Bertam

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