Reservoir Engineering & Recovery Methods News in Norway

Noreco Announces Publication of Annual Statement of Reserves
3/25/2022 - Norwegian Energy Company ASA (“Noreco” or the “Company”) is pleased to announce its Annual Statement of Reserves, with proven plus probable net reserves (2P reserves) of 200 million barrels of oil equ...
Resource Accounts for 2021: Increase in Proven Resources and Good Growth in Reserves
2/22/2022 - The Resource Accounts for the Norwegian continental shelf 2021 were presented. The Accounts show that more oil and gas was proven than in the previous year, and that nearly two-thirds of these reserve...
Increase in Proven Eesources & Good Growth in Rreserves
2/22/2022 - The Resource Accounts for the Norwegian continental shelf 2021 were presented today. The Accounts show that more oil and gas was proven than in the previous year, and that nearly two-thirds of these r...
Lundin Energy Announces Total Resource Additions of 200% of 2021 Production
1/21/2022 - Lundin Energy AB (Lundin Energy) is pleased to announce that as at 31 December 2021, its proved plus probable net reserves (2P reserves) are 639 million barrels of oil equivalent (MMboe1,2) and its pr...
Revision to Mariner Reserves
1/12/2022 - Equinor has revised its estimate of the total recoverable reserves in the Mariner field from an earlier assessment of approximately 275 mmbbl to about 180 mmbbl. The revision will result in an impairm...
Rex Adds Contingent Resources on PL1125 Falk Discovery in Norway
4/22/2021 - • An independent summary Qualified Person’s Report (QPR) by RPS places gross 2C Contingent Resources (Development Unclarified) in the PL1125 Falk discovery in Norway, in which Lime has a 50 per cent i...
Sharing Data from Northern Lights Well
10/19/2020 - The Northern Lights project will disclose datasets from the confirmation well 31/5-7 Eos drilled in the North Sea and completed earlier this year. Extensive amounts of data have been acquired through ...
Lundin Energy Increases Reserves Estimate for Edvard Grieg Field
9/29/2020 - Lundin Energy AB has announced that due to the continued outperformance of the Edvard Grieg field, the gross proved plus probable (2P) reserves have been increased by approximately 50 million barrels ...
Introducing an Integrated Prospect Derisking Tool
9/10/2020 - The September issue of First Break highlights an innovative workflow for real-time modeling of reservoir quality in areas with complex geology and/or limited well control. The approach integrates buri...
Researcher Geir Evensen Wins the Award for Improved Oil Recovery
9/1/2020 - The Norwegian Petroleum Directorate (NPD) is presentings its 16th award for improved oil recovery. This time the IOR award goes to researcher Geir Evensen at the research institute NORCE.

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Magseis Fairfield Won 4Years Renewal of Reservoir Monitoring Program
12/23/2019 - Magseis Fairfield is pleased to announce that Equinor Energy AS have renewed the management and operational contractual relationship for the permanent reservoir monitoring (PRM) containerized source f...
Equinor Announces Contract for Improved Recovery at Johan Castberg
8/24/2018 - Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea. Equinor has awarded Alcatel Submarine Networks a contract for permanent reservoir mo...
AGR Set to Deliver Reservoir Management to NPD
4/24/2017 - AGR has been awarded a new framework agreement with the NPD. The agreement will see us deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a...
AGR Wins Frame Agreement with Det norske for Annual Reserves Review
8/29/2016 - AGR has entered into a Frame Agreement with Det norske oljeselskap for annual, independent reserves report of the company’s reserves portfolio. Det norske is one of Europe’s leading independent explor...
23rd Licensing Round Awards Generate Multi-Client Revenues for EMGS
5/30/2016 - On 18 May 2016, The Ministry of Petroleum and Energy announced the offer of ten new production licenses in the 23rd licensing round on the Norwegian continental shelf to a total of thirteen (13) compa...
WGP Wraps up Latest Norway Reservoir Monitoring Campaign
7/28/2015 - Spring 2015 Permanent Reservoir Monitoring (PRM) operations over the Statoil operated Snorre and Grane fields have now been completed ahead of schedule thanks to a combination of excellent operational...
Substantial Assets Remain on the Norwegian Shelf
4/3/2014 - The Norwegian Petroleum Directorate (NPD) believes that oil reserves could grow by 1200 million standard cubic metres (Sm 3 ) over the next ten years. The new target was launched when the NPD presente...
New AGR TRACS Evaluations Product Launched
5/14/2013 - Global oil and gas service company AGR announced the launch of a new product, AGR TRACS Evaluations, encompassing its acclaimed reserves and resource evaluation services. ...

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