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Reservoir Engineering & Recovery Methods News

Sound Energy Provides Updates on TE-7 Well
Morocco >> 7/19/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the TE-7 extended well test, including an initial measurement of the reservoir pressure build-up...
Iran Still world’s Biggest Natural Gas Player
Iran >> 6/17/2017 - A new report shows Iran still has the world’s largest reserves of natural gas and is closely followed by market rivals Russia and then Qatar. ...
Final TE-8 Results and Revised Estimates
Morocco >> 5/23/2017 - Sound Energy, the African and European focused upstream gas company, recently completed the drilling of its third well at Tendrara in Eastern Morocco, TE-8, achieving Target Depth at 3,120 metres. The...
AGR Set to Deliver Reservoir Management to NPD
Norway >> 4/24/2017 - AGR has been awarded a new framework agreement with the NPD. The agreement will see us deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a...
Gazprom Neft & Moscow Institute of Physics and Technology for Developing Hard-To-Recover Reserves
Russia >> 4/7/2017 - Gazprom Neft, together with the Moscow Institute of Physics and Technology (MIPT, project leader),* and other partners in a technological consortium has, as part of a state-sponsored target programme,...
Carnarvon Petroleum Announces Increase in Phoenix South estimated Resources
Australia >> 3/28/2017 - Carnarvon Petroleum has provided an update on the Phoenix South resource estimates following further technical work on the Phoenix South-2 well results (CVN 20% interest). ...
Genel Slashes Reserves Estimate for Iraqi Kurdistan Field Again
Iraq >> 3/28/2017 - Gross 2P reserves for the Taq Taq field as of 28 February 2017 are estimated by McDaniel at 59 MMbbls, compared to 172 MMbbls at 31 December 2015. Cumulative oil production from the Taq Taq field to 2...
Jersey Oil & Gas Provides CPR Results on UKCS Blocks 20/5b & 21/1d
United Kingdom >> 3/27/2017 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that an independent assessment of resource est...
Touchstone Announces 2016 Reserves
Trinidad and Tobago >> 3/20/2017 - Touchstone Exploration Inc. (TXP) announces the results of the independent December 31, 2016 reserve evaluation (the Reserves Report) with respect to the Company’s crude oil reserves in the Republic o...
Iraq's Oil Reserves Increase to 153 Billion Barrels
Iraq >> 2/20/2017 - Mr. Jabbar A. Allibi the minister of oil declared for the elevation of the Iraqi reserves to (153) billion barrels. Mr. Allibi said that the exploration & reservoir activities in (7) oil fields in the...
AGR Registered by Mexico's CNH as Reserves Auditor
Mexico >> 11/23/2016 - AGR has been confirmed as an approved third party supplier to the country’s oil and gas operators, to certify and audit reserves. ...
NNPC Set to Grow Nation’s Oil, Gas Reserves
Nigeria >> 11/15/2016 - The Nigerian National Petroleum Corporation (NNPC) is set to grow the nation’s oil and gas reserves, the Group Managing Director, Dr. Maikanti Baru, has disclosed. Speaking in Lagos on Tuesday Dr. Bar...
Northern Petroleum Provides Canadian Reserves Update
Canada >> 11/1/2016 - Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces an update on the certified reserves for its development and production assets in Canada. An independent rese...
ExxonMobil Announces Significant Oil Discovery Offshore Nigeria
Nigeria >> 10/27/2016 - Exxon Mobil Corporation announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. ...
Publication of 1.5 billion boe CPR on Offshore Ireland Licence
Ireland >> 10/26/2016 - Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, is pleased to announce that, following the conclusion of the 2015 Atlanti...
Three Billion boe in 350 Unsanctioned Discoveries across UKCS
United Kingdom >> 10/18/2016 - More than three billion barrels of oil equivalent (boe) remain in approximately 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by the Oil and Ga...
Roxi Petroleum Announces Reserves Update for BNG's South Yelemes Fields
Kazakhstan >> 9/2/2016 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a reserves update as at 31 December 2015 of BNG's South Yelemes fields. The reserv...
CGG Launches TopSeis for Imaging Shallow Reservoirs
France >> 8/29/2016 - CGG announced at ONS 2016 the launch of TopSeis™, the latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer...
AGR Wins Frame Agreement with Det norske for Annual Reserves Review
Norway >> 8/29/2016 - AGR has entered into a Frame Agreement with Det norske oljeselskap for annual, independent reserves report of the company’s reserves portfolio. Det norske is one of Europe’s leading independent explor...
Material 14% Increase in SNE Field Contingent Recoverable Oil Resources
Senegal >> 8/23/2016 - 2C contingent oil resources contained in the SNE field offshore Senegal have increased by 14% to 641 mmbbls (100% basis, recoverable, unrisked). A new, updated Independent Resources Report for FAR Ltd...

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