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Tag: reserves
AGR to review Det norskes independent reserves
2016-08-31 01:00:00| Hydrocarbons Technology
Well construction and engineering project management company AGR has signed an agreement with Det norske oljeselskap for an annual, independent reserves report of the companys reserves portfolio.
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independent
det
reserves
Golar and Schlumberger form OneLNG JV; targeting development of low cost gas reserves to LNG
2016-07-26 18:55:57| Green Car Congress
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Golar and Schlumberger form JV to develop gas reserves
2016-07-26 01:00:00| Hydrocarbons Technology
Bermuda-based Golar and US company Schlumberger are set to join forces to create a new joint venture (JV) OneLNG to develop low cost gas reserves to LNG.
Tags: form
develop
gas
reserves
U.S. Holds More Oil Reserves Than Saudi Arabia and Russia
2016-07-05 15:32:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: According to a new analysis, the U.S. now holds more oil reserves than Saudi Arabia and Russia, the first time this has happened. And more than half of the U.S.s remaining oil reserves are in shale oil. The analysis, by Rystad Energy, has concluded that recoverable oil in the U.S. from existing fields, discoveries and yet undiscovered areas is equivalent to 264 billion barrels, which easily beats Saudi Arabias 212 billion barrels and just squeezes past Russias 256 billion. The crux though...
Low Oil Prices Fuel Reconsideration Of Petroleum Reserves
2016-06-21 10:48:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: The U.S. Department of Energy is considering the future of a public asset worth tens of billions of dollars: the Strategic Petroleum Reserve. The SPR was created after a 1973-74 oil embargo of the United States and other countries. Arab oil-producing countries stopped selling crude to the U.S. because they were upset over its support for Israel. The embargo led to steep price increases, rationing and long lines of frustrated drivers at gas stations. The purpose of the reserve is to prevent...
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