Reserves


All posts for Reserves

Can Saudi Arabia Prevent The Next Oil Shock?

By Cyril Widdershoven for Oilprice.com The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump's Twitter diplomacy, perceiv ...

Oilprice Staff


Posted 1 year agoOpinion > oilpriceSaudi ArabiaOil +5

Elsevier Expands Indonesian Content in Geofacets, Mitigating Risk in Upstream Oil and Gas Research Efforts

Companies can reduce research time up to 50 percent in new exploration areas of reserves valued at 120 billion USD New York, June 5, 2018 – Elsevier , the information analytics business specializing in science and health, has today announced an expansion of Geofacets , its information soluti ...

OilVoice Press - OilVoice


Posted 1 year agoPress > IndonesiaupstreamOil +5

Victoria Oil & Gas: Logbaba Field Reserves Update

Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to provide the following update, based on internal estimates, on the reserves position for the Logbaba Field in Cameroon. This follows evaluation of the results obtained from seismic reprocessing, inc ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Victoria Oil & GasCameroonLogbaba Field +3

OMV and ADNOC Sign a New Offshore Concession Agreement

OMV awarded 20% stake in two oil fields offshore concessions in Abu Dhabi: SARB and Umm Lulu Substantial increase of OMV's reserves of around 450 mn boe Long-term plateau expected at 40 kbbl/d (net to OMV) Major step towards OMV's delivery on the strategy 2025 His Highness Sheikh Mo ...

OilVoice Press - OilVoice


Posted 1 year agoPress > OffshoreOMVADNOC +6

CNOOC Limited: Reserve and Profit Significantly Increased, Net Profit Greatly Improved

HONG KONG, March 29, 2018 /PRNewswire/ -- CNOOC Limited (the "Company") (SEHK: 00883) (NYSE: CEO) (TSX: CNU) today announced its 2017 annual results for the year ended December 31, 2017. The Company significantly advanced work in exploration, development and production throughout 2017, which have ...

OilVoice Press - OilVoice


Posted 1 year agoPress > CNOOCProfitReserves +3

Whitebark Energy Announces Acquisition Approved

Adds 450boe/d and 4.1 million boe* to JV reserves 21st March 2018 Highlights: Acquiring oil and gas assets producing 450 boe/d in its existing area of focus in Central Alberta for the gross amount of A$1.9m1 (30% working interest for Whitebark). Adds 135 boe/d net to Whitebark, 30 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Whitebark EnergyAcquisitionCentral Alberta +4

Elk Petroleum Half-Year FY2018 Results & Guidance

Half-Year headlines Aneth acquisition delivers dramatic growth in reserves, production, cash flow & shareholder value 44% increase in share price to A$0.095 (15 March 2018) – up from A$0.066 (30 June 2017) 1P Reserves1 = 47.5 mmboe – up 35.0 mmbbls (380% increase) since 30 June 2017 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Elk PetroleumReportReserves +2

DNO Releases 2017 Annual Report and Annual Statement of Reserves and Resources; Records Higher Revenues, Profits, Production and Reserves

Oslo, 15 March 2018 - DNO ASA, the Norwegian oil and gas operator, today released its 2017 Annual Report and Accounts together with its 2017 Annual Statement of Reserves and Resources and reported improvements across key financial and operational metrics. Annual 2017 revenues climbed to USD 347 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > DNO ResourcesAnnual ReportReserves +10

Genel Energy: Update on Tawke PSC Reserves and Resources

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest) , has today issued an update on the Tawke licence reserves and resources. T he Tawke licence contains the Tawke and Peshkabir fields. Gross oil reserves (MMboe) 1P 2P 3P 31 ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Genel EnergyTawkeReserves +4

Chinese Government Stockpiling to Slow as Commercial Stocks are High

The last three projects of China's second phase of strategic petroleum reserve development will potentially add 90,000 b/d to government stocking in 2018 and 2019. Combined with an addtional 20,000 b/d of leased commercial storage for the SPR, it will bring strategic stocking to 110,000 b/d, accordi ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ChinagovernmentReserves +3

Touchstone Exploration - 2017 Year-End Reserves and Notice of Results

Calgary, Alberta – March 8, 2018 – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX / LSE: TXP) announces the results of its independent year-end 2017 reserves evaluation. Reserve numbers provided herein were derived from an independent reserves report (the “Reserves Report”) prepar ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Touchstone ExplorationTouchstoneReserves +2

Total Acquires a 16.33% Stake in the Waha Concessions in Libya

Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equiva ...

OilVoice Press - OilVoice


Posted 1 year agoPress > TotalAcquisitionLibya +3

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 1 year 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 1 year 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 1 year agoOpinion > United StatesUSEIA +4