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Reservoir Engineering & Recovery Methods News

Sound Energy Reports Increase in Tendrara TE-7 Connected Gas Volume
Morocco >> 3/25/2019 - Sound Energy, the Moroccan focused upstream gas company, provides a further update on the TE-7 well reservoir pressure, following the latest retrieval of the pressure gauge data. The measured pressure...
Touchstone Announces 2018 Year-End Reserves
Trinidad and Tobago >> 3/7/2019 - Touchstone Exploration has announced the results of its independent reserves evaluation as at December 31, 2018. Reserve numbers provided herein were derived from an independent reserves report prepar...
Additional High Impact Leads Identified on Lion Energy’s East Seram PSC
Indonesia >> 3/3/2019 - Lion Energy reports that ongoing technical work using newly acquired data on the East Seram PSC has resulted in a significant increase to the prospective resource estimate with combined P50 (best esti...
Panoro Announces 50% Increase in 2P Oil Reserves at Tortue Field
Gabon >> 2/19/2019 - Panoro Energy ASA is pleased to provide an update on the Dussafu Production Sharing Contract (“PSC”), offshore Gabon, including a new oil reserves review from independent reserves auditor Netherland, ...
Genel Energy Provides Taq Taq PSC Reserves Update
Iraq >> 2/12/2019 - Genel Energy has announced that McDaniel and Associates has completed the competent person’s report (‘CPR’) relating to the oil reserves at Taq Taq as at 31 December 2018. ...
Genel Energy Provides Tawke PSC Reserves Update
Iraq >> 2/11/2019 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on forecast reserves on the licence in the Kurdistan region of Iraq: <...
Rosneft increased its Proven Hydrocarbon Reserves by 4% in 2018
Russia >> 2/4/2019 - As of 31.12.2018, Rosneft SEC proven hydrocarbon reserves were 41,431 mmboe (5,597 mmtoe)*. The hydrocarbon reserves increased by 1,524 mmboe (202 mln toe) versus reserves as of 2017 end or by 4%. The...
Updated Contingent Resources for the Crown Discovery & Waddock Cross Field
United Kingdom >> 2/1/2019 - United Oil & Gas Plc has announced the results of an independent Competent Person’s Report (‘CPR’) prepared by ERC Equipoise Ltd (‘ERCE’) for the Crown Oil Discovery on licence P2366 in the Central No...
Independent Resource Audit of Mako Gas Field
Indonesia >> 1/21/2019 - Empyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce an independent resource audit of the Mako gas field by Gaffn...
Tendeka Awarded AICDS Contract to Boost Oil Recovery in Middle East
United States >> 1/10/2019 - Independent global completions service company Tendeka has secured a further multi-million-pound contract with a major national oil company in the Middle East. ...
Rose Petroleum Provides Update on Operations at the Gunnison Valley Unit in the Paradox Basin
United States >> 1/7/2019 - Further to the operations update announced on 6 December 2018, Rose Petroleum, the AIM quoted natural resources business, has provided an update on operations for the Gunnison Valley Unit (GVU) in the...
Oil Firms Chosen to Expand Qatar's North Field Gas Reservoir to be Named Mid-2019
Qatar >> 12/3/2018 - The oil companies that Qatar selects to expand its north field natural gas reservoir will be announced in mid-2019, the country’s energy minister Saad al-Kaabi said. ...
ExxonMobil Increases Stabroek Resource Estimate to 5 Billion Barrels
Guyana >> 12/3/2018 - ExxonMobil said it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. ...
Pemex Triples Size of Biggest Onshore Find in 25 Years
Mexico >> 11/28/2018 - Pemex has more than tripled its estimated reserves in its Ixachi field. The company now believes the onshore field in Veracruz contains 1.3 billion barrels of oil equivalent in proven, probable and po...
Comprehensive Reservoir Study Across the Muradkhanli, Jafarli and Zardab Oilfields
Azerbaijan >> 11/2/2018 - Zenith Energy, the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has begun a comprehensive reservoir engineering study to achieve the opt...
OGA Announces Supplementary Offshore Licensing Round to Target Greater Buchan Area
United Kingdom >> 10/19/2018 - The Oil and Gas Authority (OGA) has initiated a new Area Plan to maximise economic recovery (MER) from the Greater Buchan area of the North Sea, and is asking oil and gas operators to work together to...
Significant Reserve Growth Confirmed at the Utrenneye Field
Russia >> 9/18/2018 - PAO NOVATEK announced that upon drilling and testing of well #294 at the Utrenneye field, two new hydrocarbon deposits were discovered and commercial viability of the mid-Jurassic deposits was confirm...
An Oil Reservoir Discovered at Zapadno-Messoyakhskoye Field
Russia >> 9/13/2018 - An oil and gas reservoir with reserves in place estimated at 85 million tonnes, and recoverable oil reserves of 26 million tonnes — equivalent to the size of an independent freestanding hydrocarbon fi...
Reserves at Gazprom Neft’s Neptune Field Reach 415 Million Tonnes
Russia >> 9/11/2018 - The Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft’s Neptune field, located offshore from Sakhalin Island in the Sea of Okhotsk, at 415.8 million tonnes of oil...
Eco Atlantic Issues AIM CPR and TSX Compliant NI-51-101 Report on Guyana Block
Guyana >> 9/11/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Gustavson Associates LLC ("Gustavson...

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