Connacher Oil and Gas reports year-end 2013 reserves (Scandinavian Oil-Gas Magazine)

Skip Navigation

News
Financial
Oil
Gas
Rigs
- Rig supplier news
- Rig market
Alternative Energy
- Biofuels
- Wind
- Water
- Solar
By Province
- North Sea Rim
- Russia
- Africa
- Americas onshore
  - Latin America
  - Canada
  - USA
- Americas offshore
- Middle East
- Asia-Pacific
- Australia
Events
Printed Magazine
- Subscription
Mediaplan
Members page
- E-mail Alert

Connacher Oil and Gas reports year-end 2013 reserves

Published Feb 28, 2014

E-mail

[an error occurred while processing this directive]

Edit page New page Hide edit links

Connacher Oil and Gas Limited announces its year-end reserves as of December 31, 2013, as evaluated by GLJ Petroleum Consultants Ltd. (GLJ), independent qualified reserves evaluators.

Proved producing reserves increased by 13 per cent to 22.5 million barrels with the inclusion of the recently drilled infill wells and well pairs at Pod One. Production in 2013 totaled 4.3 million barrels.

Estimated proved (1P) bitumen reserves totaled approximately 212 million barrels, a decrease of one per cent over year-end 2012 volumes. The ten per cent present value (10% PV) of 1P bitumen reserves is approximately $900 million as compared to $1.0 billion in 2012.

Tags: Connacher Oil and Gas Limited

Related links

Connacher provides fourth quarter 2013 operational update

Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...