Proved Reserves
Proved Reserves news and technical articles from Oil & Gas Journal. Search Proved Reserves latest and archived news and articles
-
MEG Energy's Christina Lake reserves up 17%
MEG Energy, Calgary, said an independent analysis boosted its proved reserves of bitumen in the Christina Lake area of Alberta’s southern Athabasca region by 17% last year to 708 million bbl. The analysis …
-
Atlas to acquire Titan Fort Worth Barnett shale assets
Atlas Resources Partners LP, Philadelphia, will acquire 250 bcf equivalent of proved reserves in the Barnett shale in the Fort Worth basin from Titan Operating LLC, private Fort Worth independent, for $184 million in ARP …
-
COMBINED METHODS IMPROVE RESERVE ESTIMATES
… estimating hydrocarbon reserves. Proved reserves would then be calculated both ..... assumptions need to be reexamined. PROVED RESERVES Probabilistic methods for calculating proved reserves have several inherent problems …
-
Special Report: Oil, gas reserves rise as oil output declines
… Journal's annual survey of proved reserves . The world's oil reserves ..... OGJ compiles the estimates of proved reserves from an annual survey of official ..... even an increase in crude oil proved reserves this year. In 2008, gas reserves …
-
Nonstandard reserves estimates lead to resource underestimation
… rules, of publishing only proved reserves estimates, and the practice ..... increases in estimates of proved reserves for a specific asset are seen ..... reserves growth. An increase in the proved reserves estimate for a field reflects …
-
New estimates boost worldwide oil, gas reserves
… Journal’s annual survey of proved reserves . Worldwide oil production declined ..... rather compiles the estimates of proved reserves from an annual survey of official ..... gas reserves. US reserves With proved reserves additions of 46.1 tcf and production …
-
Oklahoma
By OGJ editors HOUSTON, Mar. 1 – Consulting engineers assessed BNK Petroleum Inc.’s proved reserves in the Woodford shale in Tishomingo field in the Oklahoma Ardmore basin at 3.7 million bbl of oil, 57.5 bcf of gas, and 11 …
-
Harvest sees growth in Venezuelan venture
… Jan. 21 -- The Petrodelta SA joint venture could be producing more than 50,000 b/d of oil by 2014 based on proved reserves only from Venezuelan fields north of the Orinoco heavy oil belt’s eastern reaches. Petrodelta’s goal is to …
-
Small changes mask big swings for US reserves
… editors HOUSTON, Oct. 14 -- Proved reserves of natural gas in the US were ..... large 15% drop in Gulf of Mexico proved reserves that was due mainly to a dearth ..... tcf, almost 10% of US dry gas proved reserves . The last reported decline was …
-
U.S. E&P key indicators up sharply in 1997
… Costs [33,783 bytes] U.S. Proved Reserves [66,617 bytes] U.S. Reserve ..... implied average price paid for proved reserves in these transactions was $4 ..... total of 2.1 billion bbl of proved reserves and sold a total of 1.9 billion …
