USGS
USGS assesses upper Paleozoic reservoir potential
Reserves

USGS assesses upper Paleozoic reservoir potential

March 14, 2025
The US Geological Survey released its assessment of potential for undiscovered oil and gas in formations under Wyoming and parts of southern Montana as well as parts of western...

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Photo from Woodside Energy.
Woodside Sangomar FPSO

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Map from Karoon Energy Ltd.
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Neural network identifies hidden oil, gas reserves

March 6, 2023
A multilayer perceptron (MLP) neural network identifies bypassed pays in existing wells.
Reserves

C-NLOPB licenses Equinor discovery offshore Newfoundland and Labrador

Feb. 6, 2023
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....
Reserves

Comstock increases proved reserves 9% year-over-year

Feb. 2, 2023
Comstock Resources Inc. said it increased its yearend 2022 proved natural gas and oil reserves 9% to 6.7 tcfe from 2021 proved reserves of 6.1 tcfe.
Reserves

Pantheon updates North Slope reserves

Dec. 8, 2022
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...
Reserves

Global oil and gas reserves increase in 2022

Dec. 5, 2022
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...