Occidental Petroleum Corp. (Oxy) said Wednesday that its year-end 2009 worldwide proved reserves jumped to 3.23 billion boe from 2.98 billion boe at the end of 2008.
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Oxy’s Proven Reserves Grow in California, Permian Basin
Occidental Petroleum Corp. (Oxy) said Wednesday that its year-end 2009 worldwide proved reserves jumped to 3.23 billion boe from 2.98 billion boe at the end of 2008.
El Paso Proved Reserve Gains Called Impressive
El Paso Corp., which has been high-grading its exploration and production (E&P) unit, last week said its natural gas and oil proved reserves jumped in 2009 by 8% and output reached the high end of company estimates.
Barrett Lifts Proved Reserves with Assist from SEC Rules
Rocky Mountain natural gas explorer Bill Barrett Corp. (BBG) reported Thursday that its proved reserves last year jumped 18% while production grew 16% from 2008.
Barrett Lifts 2009 Proved Reserves by 18%
Rocky Mountain natural gas explorer Bill Barrett Corp. (BBG) reported Thursday that its proved reserves last year jumped 18% and production rose 16% from 2008.
El Paso E&P Unit Ups Proved Reserves by 8%
El Paso Corp., which has been high-grading its exploration and production (E&P) unit, on Wednesday said its natural gas and oil proved reserves jumped in 2009 by 8% and output reached the high end of company estimates.
XTO Doing More With Less
XTO Energy Inc.’s natural gas-weighted production jumped 23% in 3Q2009 from a year ago even with fewer rigs in operation and spending down 5%, the company said last week. The independent now expects annual output will be up by the same amount, 23%, from 2008.
XTO Doing More With Less
XTO Energy Inc.’s natural gas-weighted production jumped 23% in 3Q2009 from a year ago even with fewer rigs in operation and spending down 5%, the company said Wednesday. The independent is now forecasting annual output will be up by the same amount, 23%, from 2008.
Fayetteville Shale Still Driving Southwestern’s Growth
Southwestern Energy Co.’s natural gas-weighted production in 3Q2009 jumped 38% from a year ago, driven by continued success in the Fayetteville Shale. The increased output led the Houston-based independent to raise its production guidance for 2009 by 53% over 2008 levels.
Fayetteville Shale Still Driving Southwestern’s Growth
Southwestern Energy Co.’s natural gas-weighted production in 3Q2009 jumped 38% from a year ago, driven by continued success in the Fayetteville Shale, the company said last week. The increased output led the Houston-based independent to raise its production guidance for 2009 by 53% over 2008 levels.