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RECOVERABLE GAS RESERVES
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...- Companies seek lifting of curbs on gas pipeline integrationIndian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of dom...
- Russia’s Rosneft field to commence production this yearOil India (OIL), Indian Oil (IOC) and Bharat Petroresources signed a preliminary agreement with Rosneft last month for a potential partners...
- What India can do on shale gas: California's travails have many lessonsWater-free extraction techniques that utilise shock waves, acidisation, and injection of carbon dioxide into the shale rock are being devel...
- RIL's MJ-1 discovery may hold 1.4 trillion cubic feet of gas resourcesMJ-1 may hold contingent resource of between 0.988 Tcf of gas and condensate (low estimate) and 2 Tcf (high estimate).
- Oil and Natural Gas Corp's Mozambique gas field holds 50-70 trillion cubic feet of recoverable reserves: ReportONGC giant gas field in Mozambique holds 50 to 70 Tcf of recoverable reserves, 43% more than the minimum estimated resources, says a report.
- ONGC intensifies exploration in TripuraONGC has intensified exploration to create a recoverable reserve of gas for at least 15 years, a top official of the company said.
- ONGC intensifies exploration in TripuraThe Tripura unit of Oil and Natural Gas Corporation Limited (ONGC) has intensified exploration to create a recoverable reserve of gas for a...
- RIL discoveries approved without appraisal: CAGThe CAG has said Oil Ministry and DGH approved notification of now flagging gas discoveries in RIL's KG-D6 block block despite the co not d...
- Pakistan believed to have record gas, oil reservesThe country currently produces about 4.2 billion cubic feet of gas and about 70,000 barrels of oil a day.
- Directorate General of Hydrocarbons wants Reliance Industries to give up 86 per cent of KG-D6 areaRIL had in its March 13 proposal wanted to retain 3,412 sq km of area containing all the oil and gas finds made till date.
- Reliance Industries cuts KG-D6 gas field reserves by 70 pc to 3.10 Tcf: R P N SinghR P N Singh told the Lok Sabha that RIL had estimated 10.3 Tcf of recoverable reserves in the Dhirubhai-1 and 3 (D1&D3) gas field in the KG...
- Oilex strikes gas reserves over 1.5 TCF in GujaratIndustry estimates put the total resource base or inplace reserves in the Cambay basin discoveries near the town of Khambat at between 20-3...
- Indian Oil, Oil India in talks to buy into Essar's Myanmar gas blockState-owned oil companies Indian Oil and Oil India are in talks with the Essar group to pick up 20% stake each in a gas block in Myanmar th...
- Government to earn $2 bn as royalty from K-G basinThe royalty was calculated at a price of $4.2 per unit.
- Arctic holds 90 bn barrels of oil: ReportEighty-four percent of that potential energy resources is expected to lie offshore, said the report. World's top 10 oil producers I World i...
- Area north of Arctic Circle holds 90 bn barrels of oilSome 90 billion barrels of oil and nearly a third of the world's undiscovered natural gas remain untapped under an area north of the Arctic...
- Shell flags lower oil reserve additions in 2007Royal Dutch Shell Plc added "at least 1 billion barrels" of new oil and gas resources in 2007, Chief Executive Jeroen van der Veer said on ...
- Assam Asset of ONGC earmarks Rs 811 cr for capexONGC has earmarked a capital expenditure of Rs 811 crore in 2007-08 for its Assam Asset, marking an increase of 60 per cent compared to Rs ...
- OVL announces recoverage reserves in MyanmarONGC Videsh Ltd (OVL) and its partners in Blocks A-1 and A-3 in Myanmar offshore, have announced the recoverage reserves from three fields.
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