Petroleum reserves
This study presents a novel hybrid approach to enhance fraud detection in scanned financial documents.
This paper provides insight into existing tools, methodologies, and processes that can help any capital project or organization improve predictability of outcome while mitigating risks and exploiting opportunities effectively.
Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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A total of 12.2 billion BOE was discovered worldwide in 2019—the highest volume in 4 years, with offshore regions dominating the list of new deposits. -
Talos is hoping to retain its operatorship of the major discovery it made in 2017 offshore Mexico after a reserves audit confirmed the reservoir is shared between two offshore blocks.
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Proved oil reserves totaled 43.8 billion bbl at yearend 2018 while proved gas reserves amounted to 504.5 Tcf, both topping records set in 2017, the US Energy Information Administration said.
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Current efforts demonstrate that industry is undertaking responsible scientific, social, and environmental management.
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This paper presents a methodology that provides the upstream industry with a robust approach to petroleum inventory management.
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Tensions in the region spike as US blames Iran.
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Operator Talos Energy now believes Zama’s gross recoverable resource lies in the upper half of its pre-appraisal estimate of 400–800 million BOE. The consortium is working toward a 2020 final investment decision on the project.
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Ranking places US ahead of Saudi Arabia and Russia.
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The state-run offshore company has found a gas and condensate field that holds an estimated 250 million BOE.
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Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable.
