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Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-05 00:06:23| Oil & Gas - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 23:12:44| Energy - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 18:38:40| Electronics - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
ExxonMobil 2014 Reserves Replacement Totals 104 Percent
2015-02-23 10:26:07| oilandgasonline Home Page
Exxon Mobil Corporation announced today it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels, including a 162 percent replacement ratio for crude oil and other liquids.
Tags: percent
replacement
reserves
totals
Just years to go for unburnable coal reserves, new study finds
2015-01-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: The viability of mining Australia's massive fossil fuel reserves has been called into question by new research that estimates the limits of carbon emissions possible if dangerous climate change is to be avoided. In a study published in the journal Nature, University College London researchers say that 82 per cent of the world's coal, half its gas reserves and a third of its oil must remain in the ground if global temperature increases are to be kept within 2 degrees of pre-industrial levels. ...
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