Post Tagged with: "Oman"

BP Starts Production from Oman’s Unconventional Gas Field

BP Starts Production from Oman’s Unconventional Gas Field

Tight gas production techniques perfected in the U.S. expected to deliver 1 Bcf/day to Sultanate of Oman; two-phase project targets 10.5 Tcf of natural gas — BP holds 60% interest, Oman 40%

BP has started producing natural gas from what …

Iran and its Oil: Ready to Re-Enter Global Markets

Iran and its Oil: Ready to Re-Enter Global Markets

Sanctions lifted on Iran

Iran has officially carried out all measures required to start the Joint Comprehensive Plan of Action (JCPOA) and begin the implementation of sanctions relief, according to a statement from the International Atomic Energy Agency (IAEA). Saturday, …

Oman Offers to Cut Its Production 5%-10%

Oman Offers to Cut Its Production 5%-10%

Non-OPEC producer says it’s ready to cut production, but “everyone has to do the same”

Oman became the first non-OPEC oil producer to say that it will cut its production if done in coordination with other producers. Oman’s oil minister, …

Harvest Natural Resources Reports Oman Operations Right on Schedule

Harvest Natural Resources Reports Oman Operations Right on Schedule

Harvest Natural Resources (ticker: HNR) reported it had commenced drilling the Mafraq South-A (MFS-A) exploration well onshore Oman, the first of a two-well exploratory program. HNR also announced that the mean prospective resources for the targeted south segment total 1.25 …

November 2, 2011 - 5:35 pm Offshore, Oil and Gas 360 Articles

Deeper Well Test in Gabon Yield Positive Results for Harvest

On July 21, 2011 Harvest Natural Resources (ticker: HNR) provided an update on the progress of its exploration program offshore Gabon.

With efforts to test deeper zones at its Ruche discovery announced in June 2011 offshore Gabon, Harvest announced that …

July 22, 2011 - 5:39 pm Offshore, Oil and Gas 360 Articles

Harvest Reports Q4'10 Results; Operations Execution Provides Positive Reserve Growth on All Fronts

On March 16, 2011, Harvest Natural Resources (ticker: HNR) announced Q4’10 and year-end 2010 financial results.

HNR reported a Q4’10 net loss of $4.0 million, or $0.12 per share, compared to a net income of $5.1 million, or $0.15 per …

March 17, 2011 - 5:58 pm Oil and Gas 360 Articles

Harvest Reports 17% Increase in Proved Reserves, U.S. 3P Reserves Rise to 86.4 MMBOE from 0.4 MMBOE Last Year and Provides Operations Update

On March 2, 2011, Harvest Natural Resources (ticker: HNR) announced an increase in reserves for both its U.S. and Venezuela operations and provided an operations update.

HNR’s total proved reserves for 2010 increased 17% to 54.6 million barrels of oil …

March 3, 2011 - 6:00 pm Oil and Gas 360 Articles