Range Resources Corp. said Wednesday it increased reserves by 491 Bcfe or 72% last year. The company’s proved reserves as of Dec. 31, 2004 totaled 1.18 Tcfe, comprised of 943 Bcf of natural gas and 39 million barrels of oil and natural gas liquids.
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Magnum Hunter, Ultra, Nuevo Report Higher Quarterly Production
Three North American-focused independents — Magnum Hunter Resources Inc., Ultra Petroleum and Nuevo Energy Co. — all saw their fourth quarter 2003 production volumes rise along with earnings. The production gains, they said, set the stage for even stronger results by the end of this year.
March 5, 2004
Magnum Hunter Ramps Up More GOM Production
Magnum Hunter Resources Inc. and its partners are ramping up more production from their Gulf of Mexico (GOM) leases, which is helping the Irving, TX-based independent continue a string of offshore success that overall will yield an additional 20 MMcfe of new net daily production beginning in the fourth quarter.
December 1, 2003
Magnum Hunter Ramps Up More GOM Production
Magnum Hunter Resources Inc. and its partners are ramping up more production from their Gulf of Mexico (GOM) leases, which is helping the Irving, TX-based independent continue a string of offshore success that overall will yield an additional 20 MMcfe of new net daily production beginning in the fourth quarter.
November 25, 2003
EOG Reserve Replacement Exceeds 375%
Enron Oil & Gas Co. said it expects 1998 all-sources netproved reserve additions of more than 1.6 Tcfe, resulting in areserve replacement ratio greater than 375%. The company’s 1998production is estimated to be 420 Bcfe, and 1998 average unitfinding cost is anticipated to be below 50 cents/Mcfe. Of thereserves added in 1998, about 800 Bcfe were added in Trinidad,300Bcfe in India and 500 Bcfe in North America.
January 11, 1999
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