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Net Resource news and technical articles from Oil & Gas Financial Journal. Search Net Resource latest and archived news and articles
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OGFJ100P company update
… basins), and Bonanza Creek Energy Co. (63,000 total net acres in the DJ and North Park basins reporting 92 MMboe of net resource potential). While no Niobrara-focused transactions were reported for this particular installment of the OGFJ100P …
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North American resource plays a big part of Marathon's 2010 drilling program
… net acres–70% operated, with net resource potential of 200-300 MMboe ..... 200 to 300 net locations, with net resource potential of 170 to 270 MMboe ..... 25,000 net legacy acres, with net resource potential of 100 to 150 MMboe. The …
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India’s Reliance partners with Pioneer to enter Eagle Ford Shale
… over an anticipated four years. Pioneer believes the acreage will support the drilling of over 1,750 wells with a net resource potential to the joint venture of approximately 10 tcfe (4.5 tcfe net to RIL). The joint venture plans to increase …
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PXP increases third quarter production, makes Eagle Ford acquisition
… Resources Inc. (NYSE: EOG) . The Eagle Ford properties are located primarily in Karnes County of South Texas and have net resource potential of approximately 140 to 175 million boe, projected net production capability of approximately 2,000 boe …
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IHS: Driven in part by Asian buyers, private cos may be big sellers of Niobrara assets
… is significant enough to attract a large company and reports 92 MMboe (million barrels of oil equivalent) of net resource potential.” Of particular interest, the report noted, was a 6,000-foot horizontal well drilled by Simray Production …
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Chevron buys Atlas Energy in $4.3B deal, enters shale business
… joint venture with EOG. The properties are located primarily in Karnes County of South Texas and PXP estimates the net resource potential to be roughly 140 to 175 MMboe, projected net production capability of approximately 2,000 boe/d and …
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PXP completes Eagle Ford acquisition
… joint venture with EOG. The properties are located primarily in Karnes County of South Texas and PXP estimates the net resource potential to be roughly 140 to 175 MMboe, projected net production capability of approximately 2,000 boe/d and …
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Marathon Droshky project produces on time, under budget
… stage of development is expected to produce 35 million of the estimated 60 million barrels of oil equivalent (boe) net resource . At year-end 2009, Droshky had booked proved reserves of approximately 26 million boe. In morning trading after …
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Reliance grows Marcellus footprint, buys into Avista Capital Partners, Carrizo assets
… acres. This acreage is expected to support the drilling of approximately 1,000 wells over the next 10 years, with a net resource potential of about 3.4 Tcfe (2.0 Tcfe net to Reliance). Carrizo will serve as the development operator and Reliance …
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Apache to pay $7B for BP legacy assets
… stage of development is expected to produce 35 million of the estimated 60 million barrels of oil equivalent (boe) net resource . At year-end 2009, Droshky had booked proved reserves of approximately 26 million boe. In morning trading after …