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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. Poland’s Rawicz field estimated to hold 50 bcf in 2P reserves

    Online Articles

    Tue, 19 May 2015

    Rawicz gas field in Poland contains estimated gross proved plus probable reserves of 50.3 bcf based upon a five-well development plan, including the recently tested Rawicz-12 well, according to a competent

  2. CERAWeek: Evolutions of Pemex, YPF running parallel

    Magazine Articles

    Mon, 4 May 2015

    in last year's Round Zero noncompetitive bid round in which Pemex was granted 90% of the country's proved and probable reserves , totaling 21 billion boe; and 83% of its prospective resources, totaling 23 billion boe-including 4 billion

  3. CERAWeek: Evolutions of Pemex, YPF running parallel

    Online Articles

    Thu, 23 Apr 2015

    last year’s Round Zero noncompetitive bid round in which Pemex was granted 90% of the country’s proved and probable reserves , totaling 21 billion boe; and 83% of its prospective resources, totaling 23 billion boe—including 4 billion

  4. Afren reaches recapitalization agreement

    Online Articles

    Fri, 13 Mar 2015

    take an after-tax impairment charge of $2 billion related to reclassification of 190 million bbl of proved and probable reserves at Barda Rash field in Kurdistan into more speculative categories. The new recapitalization agreement, involving

  5. Brynhild output restarting offshore Norway

    Online Articles

    Fri, 6 Mar 2015

    well program, which it will complete while drilling of the fourth well is in progress. Lundin estimates proved and probable reserves at 23.1 million boe. The hydrocarbons are in Late Jurassic Ula sandstone at a depth of 3,300 m. Three of planned

  6. 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

  7. Gas price uncertainty could defer projects, Niko says

    Online Articles

    Tue, 4 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

  8. 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

  9. OGJ Newsletter

    Magazine Articles

    Mon, 24 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

  10. 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

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