The US has a lot more oil and natural gas than was thoughtnjust two years ago.nA lot more.nSo said Adam Sieminski, the head of the Energy InformationnAdministration, in unveiling new data last week showing anspike in the US' proved oil and gas reserves.Gary Gentile, Benno Spencer...
Strong oil and natural gas prices in 2018 drove the increase in oil and natural gas proved reserves in the US to these record levels. “The US increased its proved reserves of oil and natural gas, establishing new records in 2018 according to a recently released EIA...
The US had 341.1 trillion ft3of natural gas proved reserves as of the end of 2016, an increase of 5% from 2015, according to a recently released report by the US Energy Information Administration (EIA). US crude oil and lease condensate proved reserves...
The US Security Exchange Commission (SEC) released its updated rules and regulations concerning the disclosure and reporting of oil and gas reserves on December 29, 2008. The bipartisan Commission voted unanimously in favor of the new rules, which will go into effect on January 1, 2010. The ne...
So what's next? Reach out to our expert team to explore ways of getting more out of your oil & gas reserves with gas-enabled innovations from LindeWelcome to our world We are a global company, with operations spanning more than 80 countries. Explore the world of Linde ...
Recent reliable and credible estimates of US oil and gas resource potential have steadied at a level indicating that resource potential is not a limiting factor in sustaining the present rate of production over the next 3 to 5 decades; however, the rate of reserves addition may be. Further, ...
Shortly after the Exxon-Pioneer deal announcement,Chevronbrokered a$53bn deal to acquire oil and gas producerHess. Instead of using their vast cash reserves, Exxon and Chevron are using their shares as payment for the acquisitions. The all-stock deal gives them the financial strength to compete...
Russia has found vast oil and gas reserves in the Antarctic, much of it in areas claimed by the UK. The surveys are a prelude to bringing in drilling rigs to exploit the pristine region for fossil fuels, MPs have warned. Reserves totalling 511bn barrels of oil – about 10 times the No...
BILLINGS, Mont. (AP) — The Biden administration announced Thursday a 60-day suspension of new oil and gas leasing and drilling permits for U.S. lands and waters, as officials moved quickly to reverse Trump administration policies on energy and the envir
strive to augment their oil and gas reserves. the wave of deals emptied pocketbooks and left fewer companies on offer, while some announced combinations have been delayed, either by antitrust regulations or by contract arbitration challenges. the need for scale would moti...