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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

Field 40
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Booking PUDs in a “Proven Area”… Use Caution Applying Reliable Technology

CG&A

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Is it correct to book an average completion length of 7500 if the average to date has been 6800 due to some partial mechanical failures?Use

Field 52
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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Introduction Drilling locations come with an expiration date once booked in a reserve report. Proceed at your own risk! Fact or fiction?

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Proved Reserves Beyond Low (LKO) and High (HKO) Known Oil

CG&A

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associated gas cap.

Oil 52
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. We look forward to bringing Whitecap and Veren together and providing increased value to both sets of shareholders well into the future.”

Energy 130