Reserves Audits


All posts for Reserves Audits

Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 16 days agoLink > Supermajors Cost IndexBPShell +20

Green Dragon - 11th Year of Audited Reserves Growth

  Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of Coal Bed Methane (CBM) gas in China, is pleased to announce an increase in its 1P, 2P and 3P estimated reserves as at 31 December 2016. The estimates of reserves have been provided b ...

OilVoice Press


Posted 24 days agoPress > Green Dragon GasReservesReserves Audits

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 25 days agoLink > Supermajors Cost IndexBPShell +20

The importance of using industry-specific software for reserves management

By Craig Burden & Doug MacDonald, aclaro softworks inc. Reserves management is a key part of oil and gas company operations. What used to be an annual or semi-annual process is now performed several times throughout the year, in order to give the clearest picture of a company's reserves. And yet, t ...

aclaro softworks inc. - aclaro softworks inc.


Posted 2 months agoOpinion > ReservesReserves ManagementReserves Audits

AGR registered by Mexico's National Hydrocarbons Commission as reserves auditor

AGR has been confirmed as an approved third party supplier to the country's oil and gas operators, to certify and audit reserves. We are one of a small number of companies to be listed as accredited experts on an approved register by Mexico's Hydrocarbons National Committee (CNH). The register allo ...

Maria Djomina - AGR


Posted 3 months agoPress > MexicohydrocarbonsReserves Audits +4

Great Eastern Energy Corporation announces upgrade of reserves and resources at Raniganj (South) licence block

Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading Indian Coal Bed Methane (CBM) Company, is pleased to announce an upgrade in its reserves and resources at its Raniganj (South) license block, which has been provided by the independent reserve engineers, Advance Reso ...

Katie Woodward - OilVoice


Posted 3 months agoPress > Great Eastern EnergyRaniganj SouthReserves Audits +1