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Reservoir Engineering & Recovery Methods News

Gran Tierra Received Independent Resource Estimates
Colombia >> 12/17/2015 - Gran Tierra Energy Inc is pleased to announce that an independent assessment of the Company's prospective resources on its Colombian exploration properties has been completed by McDaniel & Associates ...
China's Strategic Oil Reserves Double to 190 million Barrels
China >> 12/13/2015 - China said it more than doubled the size of its strategic crude oil reserves between November 2014 and the middle of this year, building inventories at a rate exceeding analysts' estimates of the coun...
Iran’s Hydrocarbon Reserves Up by 1 billion Barrels
Iran >> 11/21/2015 - An official at the National Iranian Oil Company (NIOC) says according to the latest estimate, the total volume of the country’s hydrocarbon reserves has increased by one billion barrels due to new dis...
Outdated Reservoir Management Procedures Impacting Hydrocarbon Economic Recovery
Outdated Reservoir Management Procedures Impacting Hydrocarbon Economic Recovery United Kingdom >> 9/22/2015 - Well tests are completed on a regular basis in the offshore oil and gas industry to gather information from reservoirs about production and available reserves. From the exploration and field developme...
Schlumberger Signs Merger Agreement to Acquire Cameron
Schlumberger Signs Merger Agreement to Acquire Cameron United States >> 8/26/2015 - Schlumberger Limited and Cameron jointly sign a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of...
WGP Wraps up Latest Norway Reservoir Monitoring Campaign
Norway >> 7/28/2015 - Spring 2015 Permanent Reservoir Monitoring (PRM) operations over the Statoil operated Snorre and Grane fields have now been completed ahead of schedule thanks to a combination of excellent operational...
Halliburton Introduces New Formation Evaluation Service
Halliburton Introduces New Formation Evaluation Service United States >> 7/17/2015 - Halliburton's Wireline & Perforating business has introduced the Reservoir Monitor Tool 3-Detector™ (RMT-3D™) pulsed-neutron tool that helps solve for water, oil, and gas saturations within reservoirs...
Chevron, OneSubsea to form JIP 20Ksi Subsea Systems
United States >> 7/9/2015 - OneSubsea®, a Cameron and Schlumberger company, and Chevron U.S.A. Inc. have entered into an agreement to form a joint industry program (JIP) to develop subsea systems technology for 20,000-psi applic...
Ikon Science Launches an Atlantic Ireland Regional Study
Ireland >> 6/29/2015 - As the Ireland Atlantic Margins licensing rounds approach, Ikon Science is offering oil and gas companies an opportunity to get ahead with a new and comprehensive interpretation of pressure and rock p...
IOG Extends Seismic Remapping Agreement with Baker Hughes
United Kingdom >> 6/26/2015 - Independent Oil and Gas PLC (IOG) is extending its seismic remapping agreement with Baker Hughes’ Reservoir Development Services (RDS) group to better understand resource potential for its Blythe and ...
Cooper Energy Measures Bunian Field Reserves Assessment
Indonesia >> 5/19/2015 - Cooper Energy Limited announces that it has made an assessment of the reserves in the Bunian field in the Tangai-Sukananti KSO in South Sumatra, Indonesia, following analysis of the results of the Bun...
Aminex Completes Competent Person's Report on Kiliwani North Licence
Tanzania >> 5/14/2015 - Aminex is pleased to announce that Senergy (GB) Limited (LR Senergy), an independent oil and gas consultancy firm, has completed a technical evaluation on the resources of Kiliwani North Development L...
CGG Acquires Taurus Reservoir Solutions
France >> 4/22/2015 - CGG announced that its GeoConsulting Business Line has acquired Taurus Reservoir Solutions Ltd., based in Calgary. Taurus offers reservoir and geomechanical simulation and engineering technology along...
RH Petrogras' 2P Reserves Up 93%, Lifted by Fuyu 1 Block Resource
China >> 4/6/2015 - The Board of Directors of RH Petrogas Limited is pleased to announce that its reserve evaluator, RPS Energy Consultants Limited(“RPS”), has completed an independent qualified person report (“QPR”)with...
Wentworth Resources Highlights Tanzania Reserves
Tanzania >> 3/9/2015 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is pleased to announce the results of an independent evaluation of the gas reserves within the Mna...
Tethys Petroleum Provides an Independent Reserves Update
Kazakhstan >> 2/27/2015 - Tethys, the exploration and production Company focussed on Central Asia, is delighted to announce the result of an updated Independent Reserves Report, which has been prepared by Gustavson Associates ...
Nostrum Oil & Gas Reserves Update in Kazakhstan
Kazakhstan >> 2/20/2015 - Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, announces the results of the independent rese...
Proved Hydrocarbon Reserves of Lukoil Go Up By 1% to 17.6 Billion Barrels of Oil Equivalent
Proved Hydrocarbon Reserves of Lukoil Go Up By 1% to 17.6 Billion Barrels of Oil Equivalent Russia >> 2/6/2015 - OAO LUKOIL finished an evaluation and independent audit of its oil and gas reserves as at December 31, 2014. The evaluation was performed in accordance with the US Securities and Exchange Commission (...
Gazprom Neft has Increased Its Reserves by 11.5%
Russia >> 2/2/2015 - As at 31 December 2014 Gazprom Neft’s total proved and probable (2P) hydrocarbon reserves (including the Company’s share in joint ventures*) by international SPE-PRMS standards amounted to 2.55 billio...
NOVATEK Announces Year-End 2014 Reserves
Russia >> 1/29/2015 - OAO NOVATEK announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 December 2014. ...

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