Search results for: 2P

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A list of search results

  • 22 February 2013

     Santos said that proved and probable (2P) hydrocarbon reserves increased to 1,406 million barrels of oil equivalent (mmboe) as at the end of 2012. This represents a 2P reserves replacement ratio of 180% and provides a reserves life of 27 years based on 2012 production of 52.1 mmboe. 2012 continued Santos’ consistent track record of […]

  • 22 January 2014

    Lundin Petroleum AB, a Swedish independent oil and gas exploration and production company, has announced that as at 31 December 2013 its net proven and probable working interest reserves (“2P Reserves”) are 194.1 million barrels of oil equivalent (MMboe), its best estimate (“2C”) Contingent Resources excluding the Johan Sverdrup field are 342 million barrels of oil […]

  • 19 February 2014
    Business & Finance

    Norwegian Energy Company has published its Annual Statement of Reserves. The Noreco group’s total proven and probable (2P) oil and gas reserves at the end of 2013 were 15.6 million barrels of oil equivalents, compared to 21.9 mmboe the year before. The group’s net production for the year was 1.5 mmboe. The reported reserve estimates are based on standard […]

  • 1 April 2014
    Business & Finance

    Roc Oil Company Limited today announced that proved plus probable (2P) petroleum reserves have increased to 20.9 million barrels of oil equivalent (mmboe) as at 1 January 2014. The 2P reserves increase of 8.7 mmboe (economic interest to ROC 50%) from 12.2 mmboe at 31 December 2013, represents a 71% increase and is attributable to […]

  • 8 February 2011

    Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,445 million barrels of oil equivalent (mmboe) as at the end of 2010. This represents a 2P reserves replacement ratio of 110% and is the company’s seventh successive annual increase in its reserves. Successful exploration, appraisal and commercialisation activity, along with the sanctioning […]

  • 31 July 2012

    Origin Energy Limited today released its 2012 Annual Reserves Report and the Quarterly Production Report for its Exploration and Production business for the period ended 30 June 2012. At 30 June 2012, Origin’s Proved plus Probable (2P) reserves totalled 6,807 petajoules equivalent (PJe). This is a reduction of 234 PJe on the prior year, and […]

  • 6 January 2016

    Faroe Petroleum, the independent oil and gas company with assets in Norway and the UK, has announced its reserves grew almost a hundred percent in 2015, when compared to those reported in 2014. According to the company, LR Senergy has completed its independent technical report on Faroe’s reserves for 2015, and the 2015 year-end numbers are “materially […]

  • 12 March 2019
    Infrastructure

    There’s no change in Kraken field’s 2P reserves, EnQuest, the operator of the North Sea oil field said following a partner’s report downgrading the reserve estimates.

  • 20 February 2015

    Australia’s Santos, operator of the GLNG project, said that its proved plus probable (2P) petroleum reserves were 1,245 million barrels of oil equivalent (mmboe) as at the end of 2014. This represents an organic five-year 2P reserves replacement ratio of 97% and provides a reserves life of 23 years based on 2014 production of 54 […]

  • 8 February 2012
    Business & Finance

    Santos today announced that its total proved and probable (2P) hydrocarbon reserves were 1,364 million barrels of oil equivalent (mmboe) at the end of 2011. Successful appraisal and commercialisation activity, and the sanctioning of the Fletcher Finucane project, added 82 mmboe of 2P reserves in 2011. The reserve additions represent an organic 2P reserves replacement […]

  • 8 February 2012

    Santos announced that its total proved and probable (2P) hydrocarbon reserves were 1,364 million barrels of oil equivalent (mmboe) at the end of 2011. Successful appraisal and commercialisation activity, and the sanctioning of the Fletcher Finucane project, added 82 mmboe of 2P reserves in 2011. The reserve additions represent an organic 2P reserves replacement ratio […]

  • 20 February 2015

    Australia’s Santos, operator of the GLNG project, said that its proved plus probable (2P) petroleum reserves were 1,245 million barrels of oil equivalent (mmboe) as at the end of 2014. This represents an organic five-year 2P reserves replacement ratio of 97% and provides a reserves life of 23 years based on 2014 production of 54 […]

  • 8 February 2011
    Business & Finance

      Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,445 million barrels of oil equivalent (mmboe) as at the end of 2010. This represents a 2P reserves replacement ratio of 110% and is the company’s seventh successive annual increase in its reserves. Successful exploration, appraisal and commercialisation activity, along with the […]

  • 22 January 2018

    Swedish independent Lundin Petroleum booked an increase in its reserves at the end of 2017. 

  • 14 January 2019

    Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.

  • 8 February 2008

    In 2007, West Siberian Resources Ltd successful exploration and development program added net proven and probable oil reserves of 64.8 million barrels. The net proven oil reserves increased by 48 per cent to 162.9 million barrels. Proven and probable (2P) reserves increased by 18 per cent to 361.0 million barrels. The increase in 2P reserves […]

  • 9 February 2011

      Santos Limited has announced an increase of its Cooper Basin 2P reserves by 39 MMboe. Assuming this equates to approximately 60 MMboe to the SACB JV (Beach Energy Limited  20.21%, Origin Energy Limited 13.19% and Santos 66.6% and operator), the result would be a 12 MMboe net increase to Beach. The increase is due […]

  • 16 August 2012
    Business & Finance

    Buccaneer Energy Limited has, together with BlueCrest, executed the final closing documents with Pioneer Natural Resources Alaska, Inc. for the acquisition of the Cosmopolitan Project (“Cosmo”) in Alaska, USA. Cosmo is being jointly acquired with privately owned Fort Worth, Texas based BlueCrest acquiring a 75.0% working interest, with Buccaneer acquiring a 25.0% working interest and […]

  • 12 February 2013

    WestSide Corporation announced a significant upgrade to its certified reserves after receiving a new reserves report on the Meridian SeamGas CSG gas field near Moura in Queensland’s Bowen Basin. The report was commissioned by WestSide from independent reserve certifiers MHA Petroleum Consultants LLC, as part of a regular review of the Company’s assets with particular […]

  • 16 August 2018

    A completed competent persons (CPR) report has noted an increase in Energean’s Israeli reserves.

  • 16 February 2012

    Australia’s WestSide Corporation announced a significant upgrade to total Proved, Probable and Possible reserves (3P), after receiving a new reserves report on the Meridian SeamGas gas fields near Moura in Queensland’s Bowen Basin. WestSide’s total net 3P reserves have increased 96 per cent or 356 PJ to 725 PJ while 2P reserves increased 17 per […]

  • 21 February 2014

    Santos said on Friday that the company’s proved plus probable (2P) petroleum reserves were 1,368 million barrels of oil equivalent (mmboe) as at the end of 2013. This represents an organic three-year 2P reserves replacement ratio of 159% and provides a reserves life of 27 years based on 2013 production of 51 mmboe. While the […]