The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has licensed a significant discovery by Equinor Canada Ltd. and has released a related volume estimate....
Pantheon Resources PLC is testing production at the Alkaid #2 well on Alaska’s North Slope, south of Prudhoe Bay and Kuparuk oil fields, and has lowered its North Slope reserves...
The world’s proven oil reserves total 1,757 billion bbl, up from 1,735 billion bbl a year earlier, according to Oil & Gas Journal’s annual assessment. Global proven natural gas...
Neptune Energy preliminarily estimates that 6-22 MMboe of recoverable reserves were discovered at its Calypso exploration well on the Norwegian Continental Shelf.