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Reservoir Engineering & Recovery Methods News

MX Oil Updates on the Aje Field
Nigeria >> 5/1/2018 - MXO plc, the oil and gas investing company listed on AIM, is pleased to provide an update with regard to OML 113, the offshore licence in Nigeria, in which it has an investment. The Aje Field within ...
Preliminary Results for the A1 Prospect in Tendrara-Lakbir Permit
Morocco >> 4/26/2018 - Sound Energy, the Morocco-focused upstream gas company, is delighted to announce receipt of the preliminary volume results of the Competent Person's Report (CPR) in relation to the A1 prospect in the ...
Stamper Oil & Gas Reports 22% Increase in evaluated Reserves to 182 million barrels
Sudan >> 4/19/2018 - Stamper Oil & Gas Corp, is pleased to announce Chapman Petroleum Engineering Ltd., independent petroleum consultants of Calgary, Alberta, has completed an update on the Oil & Gas reserves and economic...
Tower Awards Reserves Report Contract to Oilfield International
Cameroon >> 4/10/2018 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, is pleased to announce the award to Oilfield International Ltd (“OIL”) of a contract to act as Competent Person (“CP”)...
Gazprom Neft Increases Its Estimate of Recoverable Reserves At Zhagrin Field
Russia >> 3/20/2018 - Following analysis by the Federal Subsoil Resources Management Agency, recoverable reserves at Gazprom Neft’s Alexander Zhagrin field in the Khanty-Mansi Autonomous Okrug have been increased to 31 mil...
Black Platinum Energy announces Material Increase in the Discovered Dara East Gas Field Resources
Indonesia >> 3/14/2018 - Black Platinum Energy has announced a material increase in the discoveredDara East gas field resources and upside potential resources in nearby features. The Dara East gas field is located in the Nort...
Emerson & Total Sign Global Agreement for Paradigm E&P Software Solutions
United States >> 3/5/2018 - Emerson (EMR) announced a long-term global agreement with Total® S.A. to provide all Total geoscientists with access to Emerson’s Paradigm exploration and production (E&P) software portfolio, to help ...
Po Valley Declares 2P Reserves for its Offshore Adriatic Development Teodorico Field
Italy >> 2/19/2018 - Po Valley Energy Limited is pleased to report an upgrade of its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations Pty Ltd as part of the release of an extensive Com...
Lukoil Completes Reserves Estimate as of the End of 2017
Russia >> 2/16/2018 - LUKOIL announced today the results of the oil and gas reserves assessment and independent audit as of December 31, 2017. According to the SEC (U.S. Securities and Exchange Commission) standards, the C...
ShaMaran Announces 25% Increase in Atrush Reserves Estimates
Iraq >> 2/15/2018 - ShaMaran Petroleum Corp. reports an increase by 25% in estimated Proven plus Probable (“2P”) Oil Reserves for the Atrush block as of December 31, 2017 after accounting for Atrush 2017 production. Rese...
Rosneft Increased the Amount of Proved Hydrocarbon Reserves by 6% in 2017,
Russia >> 2/9/2018 - As of December 31, 2017, the Rosneft's SEC (United States Securities and Exchange Commission) proved hydrocarbon reserves achieved 39,907 mmboe (5,395 mmtoe). The hydrocarbon reserves increased by 2,1...
ExxonMobil Adds 2.7B Barrels to Reserves, Replaces 183 Percent of 2017 Production
United States >> 2/8/2018 - Exxon Mobil Corporation added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183 percent of production. ExxonMobil's proved reserves totaled 21.2 billion oil-equi...
MX Oil Provides Update on Aje Field, offshore Nigeria
Nigeria >> 2/6/2018 - MXO plc, the oil and gas investing company listed on AIM, is pleased to provide an update with regard to OML 113, the offshore licence in Nigeria in which it has an investment. ...
Vaalco Energy Announces Increase in Y/E 2017 Proved Reserves
Gabon >> 1/25/2018 - VAALCO Energy, Inc. announced year-end 2017 proved reserves rose to 3.0 million barrels of oil equivalent (“MMBOE”), up 15% from 2.6 MMBOE at year-end 2016. The Company’s 2017 proved reserve additions...
Wentworth Updates Reserves in the Mnazi Bay in Tanzania
Tanzania >> 1/18/2018 - Wentworth, the Oslo Stock Exchange (WRL) and AIM (WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce the results of its annual independent evaluation of the gas res...
NOC & Sonatrach Sign the Joint Reservoir Study for Two Fields
Algeria >> 1/15/2018 - Eng. Mustafa Sanalla, NOC Chairman of the Board, Dr. Abdelmomen Weld Qadour Chairman and General Manager of Sonatrach Company and Mr. John W. Wallace Chairman and CEO of DeGolyer and MacNaughton ...
Aminex Provides Ntorya Gas Field Basin Model Update
Tanzania >> 9/4/2017 - Aminex is pleased to announce a further material increase in its management estimate of gas initially in place (‘GIIP’) in its Ntorya appraisal area in the onshore Ruvuma Basin of Tanzania. ...
Real-time and Memory Reservoir Inteligence
United Kingdom >> 9/4/2017 - With a focus this week on data driven decision support and harnessing new technologies at SPE’s Offshore Europe, the READ Cased Hole team will be talking about the recent introduction of its pulsed ne...
Waitsia-4 Well Exceeds Expectations
Australia >> 8/22/2017 - AWE Limited (AWE), the Operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, advises that preliminary analysis of wireline log and pressure data from the Waitsia-4 appr...
Probe makes Strategic Investment to Facilitate Global Expansion
United States >> 8/9/2017 - Probe Technologies Holdings, Inc. (Probe), leading supplier of logging and reservoir monitoring technology to the global oil and gas and geothermal industries, announced that Turnbridge Capital has co...

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