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Now That the Well Is Capped, Should BP Ever Be Allowed to Open It Again?
Aug 6th 2010 – 2:10PM
(Aug. 6) -- You'd think that after suffering the worst accidental oil spill in history, the rush to drill more new holes in the ocean would be tempered somewhat. But for an oil-addicted planet, simply turning away from the reserves still locked beneath BP's freshly sealed Macondo well may prove too difficult to endure....
oil reserves News From the Web
- 05/31/12 Anadarko to Present at Upcoming Energy Conferences Source: StockHouse Additionally, Mr. Walker will present at the 2012 CITI Global Energy Conference on Wednesday, June 6, 2012 at 8 a.m. EDT in Miami, Fla. A link to both webcast presentations will be available at www.anadarko.com. The replays and slide presentations also will be available on the company's website for approximately 30 days following the events.
- 05/31/12 DOE Eyeing Paradigm Shift In Oil And Gas Reserves... Source: The Manila Bulletin - Philippines Compared to practices in other countries, the Philippines is currently lacking in policy when it comes to certifying or validating reserves estimate being lodged at the Department of Energy (DOE) by the oil and gas exploration firms.
- 05/30/12 Noble Energy Announces The Sale Of North Sea Assets Source: Noble Energy Inc Noble Energy, Inc. (NYSE: NBL) announced today that it has entered into a definitive agreement with Maersk Oil North Sea Limited (OMX: MAERSKB) for the sale of certain assets located in the North Sea of the UK.
- 05/30/12 Veraz Petroleum Announces Filing of First Quarter... Source: Marketwire CALGARY, ALBERTA -- (Marketwire) -- 05/30/12 -- Veraz Petroleum Ltd. ("Veraz") (TSX VENTURE:VRZ) announces that it has filed its unaudited condensed interim consolidated financial statements and accompanying notes for the three month period ended March 31, 2012 (the "Q1 Financials") and its related management's discussion and analysis (the "MD&A") with applicable Canadian securities regulatory authorities.
- 05/24/12 OilVoice Morning Movers - Providence Resources,... Source: OilVoice Wentworth Resources (LON:WRL) jumped up 7.89% this morning as the company announced it's in a strong financial position following monetization of the offshore net profits royalty and the funds to be received upon closing the Cove and M&P Transaction.
Background on oil reserves
The total estimated amount of oil in an oil reservoir, including both producible and non-producible oil, is called oil in place.
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