Search results for: reserves

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  • 29 January 2015

    OAO Novatek said that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the company’s hydrocarbon reserves as of 31 December 2014.

  • 29 January 2015

    OAO Novatek said that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the company’s hydrocarbon reserves as of 31 December 2014.

  • 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 […]

  • 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 […]

  • 7 August 2019

    The government of Australia’s Queensland state has demanded consultation regarding the Federal government plants to create a national gas reservation scheme. 

  • 27 February 2019

    U.S oil major ExxonMobil has said it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production.

  • 11 August 2017

    The Reserve Bank of Australia said that LNG exports are expected to contribute almost 0.5 percentage point to GDP growth per year between 2017 and 2019. 

  • 21 June 2016

    Australian exports of liquefied natural gas are likely to continue to grow over the next few years despite weak prices of the chilled fuel, according to Alexandra Heath, head of economic analysis at the Reserve Bank of Australia (RBA).

  • 15 January 2014

    Rosneft summed up the results of its offshore operations last year. The company received licenses for 17 new offshore blocks, namely Zapadno-Matveyevsky, Zapadno-Prinovozemelsky, Russky, Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Anisinsko-Novosibirsky, Severo-Karsky, Ust-Lensky, Ust-Oleneksky, Severo-Vrangelevsky-1, Severo-Vrangelevsky-2, Yuzhno-Chukotsky, Albanovsky, Varneksky, Vostochno-Sibirsky, Vostochno-Pribrezhny, and Amur-Limansky ones. Another two offshore blocks were awarded to Rosneft upon discovery. The company currently holds 46 […]

  • 14 June 2016

    China, the world’s largest energy consumer, is estimated to have 90 trillion cubic meters (tcm) of natural gas resources, the country’s Ministry of Land and Resources announced on Monday citing results of a study completed last year. This represents a rise of 158 percent when compared to the last assessment completed in 2007, the ministry said. A […]

  • 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 […]

  • 9 October 2007

    Areas of coastline should be protected marine reserves where fishing, dredging and oil exploration would be banned, The Wildlife Trusts has said. The conservation body is calling for the Marine Bill to be included in the next Queen’s speech.

  • 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

    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 […]

  • 23 February 2015

    ExxonMobil Corporation has announced today it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels, including a 162 percent replacement ratio for crude oil and other liquids. “ExxonMobil’s diverse global portfolio of attractive opportunities puts us in a unique position to execute our strategy to […]

  • 24 February 2015

    ExxonMobil said it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels. At year-end 2014, ExxonMobil’s proved reserves totaled 25.3 billion oil-equivalent barrels, which was made up of 54 percent liquids, up from 53 percent in 2013, and 46 percent natural gas. Natural gas additions […]

  • 3 November 2015

    The Reserve Bank of India informed that foreign institutional investors can invest up to 30 per cent of the paid up capital of Petronet LNG under the portfolio investment scheme.

  • 24 February 2015

    ExxonMobil said it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels. At year-end 2014, ExxonMobil’s proved reserves totaled 25.3 billion oil-equivalent barrels, which was made up of 54 percent liquids, up from 53 percent in 2013, and 46 percent natural gas. Natural gas additions […]

  • 2 August 2012
    Business & Finance

    Coastal Energy Company announces the results of an interim third party evaluation of its onshore and offshore reserves in Thailand. RPS Energy Ltd. (“RPS”) prepared a report dated July 30, 2012, with an effective date of March 31, 2012, in accordance with the guidelines established by the Society of Petroleum Engineers (“SPE”). The RPS report was […]

  • 25 April 2005

    It will be months before it is known how much gas is held in a reserve near Port Campbell, on the Victorian south-west coast. Woodside Energy has discovered the prospect after drilling two wells four kilometres offshore during the past three weeks. Woodside’s Steve Rigby says a third well will be drilled this week, but […]

  • 20 July 2015

    AWE Limited said that the operator of the BassGas Joint Venture in permit T/L1, Origin Energy, has provided a preliminary reassessment of reserves for the Yolla field based on new data obtained from the recently drilled Yolla-5 and Yolla-6 development wells.

  • 27 September 2011

    Bangladesh has discovered a major natural gas reserve, an official said on Tuesday, in a find that could help the fast-developing country…   (straitstimes) [mappress] Source: straitstimes, September 27, 2011