Peak oil

Global MCT Oil Market Expected to Grow with a CAGR of 7%, 2020-2024 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 27, 2020

The publisher has been monitoring the global MCT oil market and it is poised to grow by USD 256.95 Mn during 2020-2024, progressing at a CAGR of 7% during the forecast period.

Key Points: 
  • The publisher has been monitoring the global MCT oil market and it is poised to grow by USD 256.95 Mn during 2020-2024, progressing at a CAGR of 7% during the forecast period.
  • The report on the global MCT oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • In addition, increasing demand for natural products is anticipated to boost the growth of the global MCT oil market as well.
  • This study identifies increasing demand for natural products as the prime reasons driving the global MCT oil market growth during the next few years.

Lonestar Announces Eagle Ford Shale Joint Development Agreement

Retrieved on: 
Wednesday, February 26, 2020

Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, Lonestar, our or the Company) announced that it has entered into a Joint Development Agreement (JDA) in Gonzales County with one of the largest producers in the Eagle Ford Shale which encompasses an Area of Mutual Interest (AMI) totaling approximately 15,000 acres.

Key Points: 
  • Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, Lonestar, our or the Company) announced that it has entered into a Joint Development Agreement (JDA) in Gonzales County with one of the largest producers in the Eagle Ford Shale which encompasses an Area of Mutual Interest (AMI) totaling approximately 15,000 acres.
  • The agreement calls for Lonestar to operate a minimum of 3 to 4 Eagle Ford Shale wells annually on behalf of the two companies through 2022 that are intended to hold-by-production (HBP) approximately 6,000 gross acres within the AMI.
  • For Lonestar, the Joint Development Agreement significantly expands and consolidates the leasehold footprint associated with its prolific Hawkeye area, which is Lonestars oiliest asset.
  • Lonestar is an independent energy company, focused on the development, production and acquisition of unconventional oil, natural gas liquids and natural gas properties in the Eagle Ford Shale in Texas.

Oryx Petroleum Announces its Year End 2019 Reserves and Resources and Operations Update

Retrieved on: 
Wednesday, February 19, 2020

The contingent oil resources data is based upon evaluations by NSAI, and the classification of such resources as "contingent oil resources" by NSAI, with effective dates as at December 31, 2018 and December 31, 2019, as indicated.

Key Points: 
  • The contingent oil resources data is based upon evaluations by NSAI, and the classification of such resources as "contingent oil resources" by NSAI, with effective dates as at December 31, 2018 and December 31, 2019, as indicated.
  • The prospective oil resources data is based upon evaluations by NSAI, and the classification of such resources as "prospective oil resources" by NSAI, with effective dates as at December 31, 2018 and December 31, 2019, as indicated.
  • The following is a discussion of reserves and resources as at December 31, 2018 and December 31, 2019 for each of the Corporation's license areas.
  • These resources are classified in the 2019 NSAI Report as "development unclarified" versus "development pending" in the 2018 NSAI Report.

Cuda Oil and Gas Inc. Reports Significant Increases in Oil and Liquid Reserves

Retrieved on: 
Wednesday, February 19, 2020

Forecast pricing used is based on Ryder Scott published price forecasts effective December 31, 2018

Key Points: 
  • Forecast pricing used is based on Ryder Scott published price forecasts effective December 31, 2018
    About Cuda Oil and Gas Inc.
    Cuda Oil and Gas Inc. is engaged in the business of exploring for, developing and producing oil and natural gas, and acquiring oil and natural gas properties across North America.
  • The Cuda management team brings a full spectrum of geotechnical, engineering, negotiating and financial experience to its investment decisions.
  • This news release contains metrics commonly used in the oil and natural gas industry, such as future development costs, net asset value and reserve life index.
  • Future development costs are estimates of capital expenditures required in the future for the Company to convert proved developed non-producing reserves and probable reserves to proved developed producing reserves.

India Olive Oil Market Outlook (2020-2025) - Drivers and Challenges - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 19, 2020

The "India Olive Oil Market Outlook, 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "India Olive Oil Market Outlook, 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • This report gives you a complete analysis of how the olive oil market is developing in India.
  • It provides you with all-round analysis of olive oil market size with its Value and volume along with detailed historical and forecasted analysis.
  • Olive oil consumption has seen growth in the last couple of years because consumers are getting aware of the benefits of olive oil usage and its effect on health.

14 Fuel Oil Markets in South & Central America Analyzed & Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 12, 2020

The "South and Central America Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "South and Central America Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The South and Central America Fuel Oil supply-demand outlook to 2028 report is comprehensive research on the country-wise Fuel Oil markets in the region.
  • Across the South and Central America, 14 countries are analyzed in the research, presenting the outlook of supply and demand annually.
  • The report also details information on the leading South and Central America refiners and also presents in-detail business profiles of three leading South and Central America Fuel Oil companies with details of business description, SWOT analysis, and financial analysis.

14 Fuel Oil Markets in the Middle East Analyzed & Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 10, 2020

The "Middle East Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Middle East Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The Middle East Fuel Oil supply-demand outlook to 2028 report s is a comprehensive research on the country-wise Fuel Oil markets in the region.
  • Across the Middle East, 14 countries are analyzed in the research, presenting the outlook of supply and demand annually.
  • 14 Fuel Oil markets across the Middle East are analyzed including Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Syrian Arab Republic, United Arab Emirates and Yemen
    Stay ahead of the competition through detailed insights on Fuel Oil trends, drivers and challenges

North America Fuel Oil Supply & Demand Outlook to 2028 - Canada, US & Mexico - ResearchAndMarkets.com

Retrieved on: 
Monday, February 10, 2020

The "North America Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Fuel Oil Supply and Demand Outlook to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The North America Fuel Oil supply-demand outlook to 2028 report s is a comprehensive research on the country-wise Fuel Oil markets in the region.
  • Across the North America, 3 countries are analyzed in the research, presenting the outlook of supply and demand annually.
  • 3 Fuel Oil markets across the North America are analyzed including Canada, US and Mexico
    Stay ahead of the competition through detailed insights on Fuel Oil trends, drivers and challenges

GeoPark Announces Record 2019 Certified 2P Reserves of 197 mmboe Valued at NPV10 of $2.8 Billion

Retrieved on: 
Monday, February 10, 2020

2P Reserves: Proven and probable (2P) reserves in Colombia increased 10% to 129.0 mmboe (16% adjusting for divested blocks), with a 2P RLI of 10.9 years.

Key Points: 
  • 2P Reserves: Proven and probable (2P) reserves in Colombia increased 10% to 129.0 mmboe (16% adjusting for divested blocks), with a 2P RLI of 10.9 years.
  • NPV10 of 2P reserves increased by 10% to $2.1 billion
    3P Reserves: Proven, probable and possible (3P) reserves in Colombia increased 11% to 168.9 mmboe, with a 3P RLI of 14.3 years.
  • NPV10 of 3P reserves increased by 10% to $2.6 billion
    Reserve Additions and Replacement Ratios: After record production of 11.8 mmboe, the Company added 17.9 mmboe of PD reserves, 24.3 mmboe of 1P reserves, 24.0 mmboe of 2P reserves and 28.1 mmboe of 3P reserves, achieving, respectively, a 152%, 206%, 203% and 238% reserve replacement of PD, 1P, 2P and 3P reserves
    PD Reserves: PD reserves increased 14% to 52.4 mmboe, with a PD RLI of 3.6 years
    1P Reserves: 1P reserves increased 11% to 130.6 mmboe, with 1P RLI of 8.9 years.
  • NPV10 of 1P reserves increased by 11% to $2.0 billion
    2P Reserves: 2P reserves increased 4% to 197.3 mmboe (7% adjusting for divested blocks), with a 2P RLI of 13.5.

Parex Resources Announces 13% Growth in Proved Developed Producing Reserves and 171% 2P Reserve Replacement

Retrieved on: 
Thursday, February 6, 2020

There are numerous uncertainties inherent in estimating quantities of crude oil, reserves and the future cash flows attributed to such reserves.

Key Points: 
  • There are numerous uncertainties inherent in estimating quantities of crude oil, reserves and the future cash flows attributed to such reserves.
  • Proved Developed Producing Reserves" are those reserves that are expected to be recovered from completion intervals open at the time of the estimate.
  • "Proved Undeveloped Reserves" are those reserves expected to be recovered from known accumulations where a significant expenditure (e.g.
  • "Proved" reserves are those reserves that can be estimated with a high degree of certainty to be recoverable.It is likely that the actual remaining quantities recovered will exceed the estimated proved reserves.