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Reservoir Engineering & Recovery Methods News

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...
MicroSeismic Acquires Downhole Equipment from RII
United States >> 1/23/2014 - MicroSeismic, Inc has purchased the US assets of Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition ser...
Gran Tierra Confirms Significant Reserves at Bretana Field
Peru >> 1/21/2014 - Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced the results of a qualified independent reserve evaluation of the company's Peru reserves by GLJ...
Halliburton Delivers Pioneering Logging Technology in Angola
Angola >> 1/14/2014 - Halliburton announced it has provided wireline services technology for two deepwater exploratory wells in Angola’s demanding pre-salt environment for Cobalt International Energy, Inc. The wireline tec...
Rosneft Discovers New Hydrocarbon Deposits at Eastern Siberia
Russia >> 12/18/2013 - Four new hydrocarbon deposits were discovered at Rosneft’s license blocks in Eastern Siberia, and reserves for one of the reservoirs have been converted from C2 to C1 category. The increase in C1 reco...
Cooper Provides Hammamet West-3 Discovery Update
Tunisia >> 12/12/2013 - Cooper Energy Limited advises that initial analysis of the results from Hammamet West-3 has been completed and has reinforced confidence in the commercial potential of the Hammamet West discovery, whi...
Swala Confirms Prospective Resources in Kilombero
Tanzania >> 12/11/2013 - Swala Energy Limited (Swala) is pleased to announce that RISC Operations Pty Ltd (RISC), an independent petroleum advisory firm, have completed their review of the resource potential of the Kito (‘Jew...
Latest Campaign Raises Tanzania Resources to 15 Tcf
Tanzania >> 12/10/2013 - BG Group announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a successful drilling and testin...
Duma Receives Resource Estimate on Namibia Concession
Namibia >> 12/3/2013 - Duma Energy Corp announced that it has received an independent oil resource estimate for its oil and gas concession in the Owambo Basin, adjacent to the Angola border in northern Namibia. ...
Eco Receives PGS Study & Report for Cooper Block
Namibia >> 11/25/2013 - Eco (Atlantic) Oil & Gas Ltd is pleased to announce that it has received a Prospectivity Study Interpretation Report (the “Report”) for the Cooper Block (the “Block” or “Cooper”), offshore Namibia in ...
Afren Provides Ogo Drilling and Resources Update
Nigeria >> 11/19/2013 - Afren plc and Partners Optimum Petroleum Development Ltd and Lekoil Limited announce the suspension of current drilling operations at the Ogo prospect located on the OPL 310 licence offshore Nigeria a...
Franco Oil Field May Rival Libra in Size
Brazil >> 11/13/2013 - The Franco field off the coast of southeastern Brazil could have as much or more oil than the massive Libra field that the government last month sold in an auction to a group of energy companies, oil ...
Schlumberger Releases Wireless Downhole Reservoir Testing System
United States >> 10/31/2013 - Schlumberger announced the release of the Quartet downhole reservoir testing system enabled by Muzic wireless telemetry, which provides data in real time for validation so that critical information is...
Lebanon Says Gas, Oil Reserves May Be Higher Than Thought
Lebanon >> 10/27/2013 - Lebanese Energy Minister Gebran Bassil said new estimates for nearly half of Lebanese waters suggested the country's reserves of natural gas and oil might be larger than previously thought. ...
Brazil's OGX Says Field May Have Third of Expected Oil
Brazil >> 10/3/2013 - Brazil's OGX Petroleo e Gas Participaçoes SA said its Tubarao Martelo offshore oil field has 87.9 million barrels of "probable" oil and equivalent natural gas, less than a third of the total it called...

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