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CNOOC Installs Record-Breaking Offshore Oil Platform

OilPrice

The platform was installed at the Kenli field, at a depth of some 20 meters, which has proven reserves of some 100 million tons of crude oil. CNOOC has installed the largest and heaviest offshore platform at a field in the Bohai Sea, the company said today, boasting the facility was 22.8 meters high and weighed over 20,000 tons.

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Future of Natural Gas Reserves: A 50-Year Outlook…

Energy Central

Written By Germn & Co “Global Natural Gas ReservesProven, Probable & Possible. Workart fully right of Germn & Co Proven reserves: As of 2022, the world’s proven natural gas reserves stand at 198.8

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Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

America has 48 Bbbl of proven oil reserves, 4 and since 2016, Texas has accounted for 40% of that. times the proven reserves of Saudi Arabia. quadrillion cubic feet of recoverable natural gas reserves or enough supply for 130 years. 5 According to the Institute for Energy Research, there are 1.66

Oil
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Supplemental bonding: Current regulations – BOEM can require additional security based on an evaluation of a lessee’s ability to carry out present and future obligations demonstrated by five factors: (i) financial capacity substantially in excess of existing and anticipated lease and other obligations as evidenced by audited financial statements; (ii) (..)

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Supplemental bonding: Current regulations – BOEM can require additional security based on an evaluation of a lessee’s ability to carry out present and future obligations demonstrated by five factors: (i) financial capacity substantially in excess of existing and anticipated lease and other obligations as evidenced by audited financial statements; (ii) (..)