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Reservoir Engineering & Recovery Methods News

Antrim Announces Prospective Resources in FEL 1/13 Republic of Ireland
Ireland >> 7/29/2014 - Antrim Energy Inc, an international oil and gas exploration company, is pleased to announce the results of a prospective resources report for the Company's interests in Frontier Exploration Licence 1/...
Oyster to Commence a Multi-Well Coring Program in Block 1101
Madagascar >> 7/28/2014 - Oyster Oil and Gas Ltd has been advised by the Operator, Afren PLC that a contract has been awarded to UK based ALS Oil & Gas Group. The contract will include a multi-well coring program in Block 1101...
Sound Oil Upgrades Recoverable Volume of SMG
Italy >> 7/15/2014 - Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to announce a significant upgrade in the recoverable volume of the Santa Maria Goretti ("SMG") gas prospect, on...
China & U.S. to Cooperate on Strategic Oil Reserves
China >> 7/11/2014 - China and the United States have signed a preliminary agreement to cooperate on strategic petroleum reserves (SPR), China's National Energy Administration (NEA) said, marking the first such effort bet...
Sound Oil Provides Rapagnano Reserve Upgrade
Italy >> 6/9/2014 - Sound Oil, the European / Mediterranean focused upstream oil and gas company, is pleased to confirm an increase in its internal proven reserve estimates at the onshore Rapagnano gas field in Italy. ...
Tethys on Track for 15Y Extension to Kyzyloi Production Contract Area
Kazakhstan >> 5/21/2014 - Tethys Petroleum Limited announced that the Kazakh State Reserves Committee (GKZ) has approved the Company's gas reserve evaluation for the Kyzyloi Production Contract area (the "Contract"). This appr...
Tendeka to Supply Zonal Isolation Technologies in Asia Pacific
Malaysia >> 5/14/2014 - Tendeka announced that it has recently been awarded a three-year contract for the provision of Zonal Isolation technologies to be utilized by the leading Malaysian Oil and Gas Company in the region. T...
Sterling Announces Filing of Executive Summaries of the Reserves Reports
United Kingdom >> 5/2/2014 - Sterling Resources Ltd is pleased to advise that executive summaries of the reserves and resources reports for the Breagh and Cladhan fields in the UK North Sea as at December 31, 2013 have been filed...
Cooper Assessed Its 2C Contingent Resource in Tunisia
Tunisia >> 4/28/2014 - Cooper Energy Limited has assessed its net 2C Contingent Resource in the Abiod Formation of the Hammamet West Field, in the Bargou Permit offshore Tunisia to be 11.3 million boe. This estimate will be...
Reserves Buildup Through Geological Exploration Exceeds Production by One-Third in 2013
Russia >> 4/22/2014 - The Gazprom Board of Directors took note of the information regarding the fulfillment of license agreements for subsurface use resources in Russia. At present Gazprom Group (including Gazprom Neft) ho...
Substantial Assets Remain on the Norwegian Shelf
Norway >> 4/3/2014 - The Norwegian Petroleum Directorate (NPD) believes that oil reserves could grow by 1200 million standard cubic metres (Sm 3 ) over the next ten years. The new target was launched when the NPD presente...
Kilimanjaro's Cabinda Estimated to Contain 2b Barrels of Oil
Angola >> 3/27/2014 - The directors and management of Kilimanjaro Capital (Kilimanjaro) are pleased to provide an update on the Company's interest in Cabinda where Kilimanjaro Capital currently has nearly a 100% concession...
Sunbird Receives Assessment for Block 2A
South Africa >> 3/11/2014 - Sunbird Energy has announced the completion of an Independent Resource Assessment of Block 2A in South Africa. Sunbird holds a 76% interest in the block and is the nominated operator. Block 2A is curr...
Welltec Secures Direct Award from Ecopetrol Colombia
Colombia >> 2/20/2014 - Welltec is pleased to announce the award of a direct, four year contract from Ecopetrol Colombia for the supply of Well Tractor conveyance and Well Cutter services. The initial contract value is in ex...
ECO Triples P50 Oil Estimate with Updated Lead Reports on Cooper Block
Namibia >> 2/18/2014 - Eco (Atlantic) Oil & Gas Ltd has received an updated Gross Prospective Unrisked Resource Lead Report (“Report”) prepared by Gustavson Associates LLC (“Gustavson”) of Colorado, USA, on Block 2012A (“C...
North Sea Energy Provides Corporate Update
United Kingdom >> 2/12/2014 - North Sea Energy Inc is pleased to provide an update on the Company’s forward plans relating to its prospects. ...
Max Petroleum Announces Sagiz West Reserves Update
Kazakhstan >> 2/11/2014 - Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces the estimated reserves for the Sagiz West Field as of 31 December 2013 (the “CPR”) by its Competent Person, Ryder Scott C...
NOVATEK Announces Year-End 2013 Reserves
NOVATEK Announces Year-End 2013 Reserves Russia >> 2/10/2014 - 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 2013. <...
Lukoil Group Proved Hydrocarbon Reserves
Russia >> 2/6/2014 - OAO LUKOIL finished an evaluation and independent audit of its oil and gas reserves, as they stand on December 31, 2013. The evaluation was performed in accordance with the US Securities and Exchange ...
NISOC Implementing 18 Reservoirs Study Plans
Iran >> 1/26/2014 - Deputy Geology Manager at National Iranian South Oilfields Company announced that 18 comprehensive geology and reservoir study plans are currently being implemented in National Iranian South Oilfields...

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