Reserves


All posts for Reserves

Lonestar Announces 82% Increase in Proved Reserves

Lonestar Resources US Inc. (NASDAQ: LONE) announced that its proved reserves at December 31, 2017 increased 82% to 73.6 million barrels of oil equivalent (“MMBOE”) calculated using SEC guidelines. All of the Company's proved reserves are located in the Eagle Ford Shale. Lonestar's proved reserv ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Lonestar ResourcesReservesNasdaq +2

Noble Energy Increases Proved Reserves 37% to Total Nearly 2 BBoe

Houston , Feb. 20, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. ( NYSE : NBL ) ("Noble Energy" or the "Company") today announced total proved reserves of 1.965 billion barrels of oil equivalent as of December 31, 2017 , a net increase of 528 million barrels of oil equivalent (MMBoe) versus year-end ...

OilVoice Press - OilVoice


Posted 4 days agoPress > Noble EnergyNYSEReserves

U.S. Proved Reserves of Natural Gas Up in 2016, Oil Reserves Remained Unchanged

Source: U.S. Energy Information Administration, U.S. Crude Oil and Natural Gas Proved Reserves The United States had 341.1 trillion cubic feet (Tcf) of natural gas proved reserves as of the end of 2016, an increase of 5% from 2015, according to EIA's recently released U.S. Crude Oil and ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > United StatesUSEIA +4

Marathon Oil Announces 2018 Development Capital Budget; Reports Fourth Quarter and Full-Year 2017 Results

HOUSTON (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:MRO) has announced a $2.3 billion  returns-driven development capital budget for 2018, which is self-funding at $50 average WTI, including dividends, and generates meaningful free cash flow at $60 average WTI. More than 90 percent will be d ...

OilVoice Press - OilVoice


Posted 9 days agoPress > Marathon OilNYSEBudget +8

Genel Energy: Oil Reserves and Resources Update

Genel Energy ('Genel' or 'the Company') announces the completion of competent person's reports ('CPRs') relating to the oil reserves and resources at Taq Taq, Bina Bawi, and Miran. McDaniel and Associates ('McDaniel') have updated the CPR relating to the Taq Taq field (Genel 44% working interest, j ...

OilVoice Press - OilVoice


Posted 10 days agoPress > Genel EnergyReservesResources Update +1

U.S. Proved Reserves of Natural Gas Increase 5%, Oil Reserves Remain Level at Year-End 2016

U.S. proved reserves of natural gas increase 5%, oil reserves remain level at year-end 2016 U.S. proved reserves of natural gas increased 5% in 2016, compared with a 17% decline in 2015 U.S. proved reserves of crude oil and lease condensate remained at 35.2 billion barrels in 2016 The Un ...

OilVoice Press - OilVoice


Posted 11 days agoOpinion > natural gasReservesUnited States +3

ExxonMobil Adds 2.7 Billion Barrels to Reserves; Replaces 183% of 2017 Production

Exploration success and strategic acquisitions add high-quality resources U.S. Permian Basin, Guyana, Mozambique and Upper Zakum key factors in growth Nearly 10 billion oil-equivalent barrels added to resource base, largest since XTO acquisition IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil C ...

OilVoice Press - OilVoice


Posted 12 days agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6

Fractured resources, fractured hopes!

Earlier this year I was preparing a Finding Petroleum event on the Middle East (it eventually happened on May 16th) with Kurdistan a strong theme, some context being provided by Gulf Keystone Petroleum's financial restructuring, Genel Energy's  reserves downgrading, and lesser incidents with oth ...

David Bamford


Posted 7 months agoOpinion > KurdistanCarbonateReserves

Rystad Energy Annual Review of World Oil Recoverable Resources: Saudi Arabia adds oil resources ahead of IPO

In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia. The addition of 73 billion barrels of recoverable oil since the publication of Rystad Energy's 2016 annual ...

Julia Weiss


Posted 8 months agoOpinion > Rystad EnergySaudi ArabiaReserves

Yes, we have no bananas!

David Bamford says: I apologize for inflicting on you an article that is now about 4 months old but I thought that in view of some recent news , it was worthy of refreshment! One day on a remote planet in a parallel Universe…… A Botanist from a very very small company came across a large field ...

Petromall Insights


Posted 9 months agoOpinion > KurdistanReservesReserves Audits +1

Amerisur Resources - Reserves & Resources Update

Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focused on South America (LSE: AMER), is pleased to announce an update to the certified reserves and resources for its production assets in Colombia.  Following receipt of an independent reserves report for ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Amerisur ResourcesReservesResources

Magnolia Petroleum - Updated Reserve Report

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is pleased to announce the results of an independent Reserves Report.  The Report, which is part of the six-month bank debt redetermination process, shows an increase in the Company's net prove ...

OilVoice Press - OilVoice


Posted 11 months agoPress > Magnolia PetroleumAIMReserves

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 11 months 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 - OilVoice


Posted 11 months 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 11 months agoLink > Supermajors Cost IndexBPShell +20