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Potential Resources news and technical articles from Oil & Gas Financial Journal. Search Potential Resources latest and archived news and articles
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Weekly Update: Chesapeake deal confirms Utica's status as hottest US play
… been diverted elsewhere has produced very competitive acquisition metrics, with EnCana’s reported 2.3TCF of potential resources from the assets equating to 42¢ per mcf. The United States was the setting for seven further upstream oil and …
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Weekly Update: Energy Transfer Equity regains pole position in race to acquire Southern Union
… China has yet to start producing from its shale resources with only one horizontal well completed so far, the potential resources for shale gas in the country are potentially huge. The IEA estimates that China may hold 1,275 trillion cubic …
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Sun River completes asset acquisition on heels of Leaver promotion
… million. In addition to proved reserves, the company's engineers estimate "3P" reserves at 89 bcf and total potential resources at 270 bcf. The company also estimates an aggregate of 253 additional drilling locations if the leases are fully …
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Providence ups interest in Barryroe following asset deals with Lansdowne
… respectively. John O’Sullivan, technical director of Providence, said: “Given the magnitude of the potential resources identified in the 2009 Barryroe audit, we are delighted to be in a position to increase our equity interest by …
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Common Resources completes sale for $805M
… billion cubic feet (bcf) of natural gas of which 82% are proved developed; approximately 20 bcf of additional potential resources ; and net daily production of approximately 10 million cubic feet of natural gas equivalents (MMcfe), at the …
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Sun River shale well has Haynesville, Cotton Valley potential
… the company’s stock. In addition to proved reserves, “3P” reserves are estimated at 89 bcfe and total potential resources are estimated at 270 bcfe. The company estimates there are an aggregate of 253 additional drilling locations in …
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Europe's shale, CBM reserves are roughly equal to those in North America
… finish it by the end of November. IHS CERA used data from North American unconventional gas plays to extrapolate potential resources and development costs of European unconventional plays, Parry said. Some parameters used in extrapolating European …
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EIA: 5760 tcf of shale gas resources in 32 countries outside US
Estimate is 'conservative' as several potential resources , including those in Russia and the Middle East, were excluded Initial assessments of 48 shale gas basins in 32 countries suggest …
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Europe may be setting for next shale revolution
… as depth, pay thickness, maturity of the field, gas content, and brittleness, will be used to extrapolate potential resources and development costs of European plays. Of all the nations in Europe, Poland may have the greatest potential …
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Penn West: going horizontal in Western Canada's large oil plays
… completing this transition. Our large portfolio of projects, which we narrowed down to a 'basket' of 10 high- potential resources plays that contain more than eight billion barrels of original oil in place, is a positive reflection of our increased …