MMBOMillion Barrels of Oil
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This will enable Europa to drill the conventional Holmwood prospect, which has estimated gross mean unrisked prospective resources of 5.6 million barrels of oil (mmbo) in Portlandian and Corallian sandstones and a P90 -- P10 range of resources of 1 to 11mmbo, in late 2016 / H1 2017, subject to funding.
r m7 mmBo INGREDIENTS 1 large jar mincemeat (about 600g) 2 satsumas, segmented 1 apple, finely chopped Zest of 1 lemon Little icing sugar, for dusting For the pastry: 375g plain flour 260g unsalted butter, softened 125g caster sugar, plus extra for sprinkling 1 large egg, plus 1 beaten egg for glazing 5.
The Covenant field, one of the largest US onshore discoveries in recent years, is reported to have some 150 million barrels of recoverable oil (150 MMBO rec) and is producing approximately 6,400 barrels of oil per day at present (with production only constrained by multi-owner private company issues rather than technically).
So far, there is a possibility for MXP to book around 4.8 mmbo of oil as the well is currently believed to contain as much as 16 mmbo with estimated recovery factor between 20% and 40%.
Onshore the Company has a share of gross Contingent Resource of 187 MMBO and 191 BCFG (conservative 4% recovery) and Reserves of 16.2 MMBO and 114 BCFG (total P1, P2 and P3 reserves).
Savant Alaska LLC and its local partner, Arctic Slope Regional Corp., may have cracked the code that has kept an estimated 120 million barrels of oil (MMBO)locked in Badami's sands.
GPE and CGA estimates the Company's net proved oil reserves through its proposed 20 acre infill drilling project at Milnesand at July 5, 2010 to be 2.5 million barrels of oil (MMBO), up from 0.0 MMBO at December 31, 2009.
Proven oil reserves of Medco reached 74.9 (MMBO) in 2008 down from 99.1 MMBO in 2007.
Proved light and medium oil reserves are 19.238 MMBO NAR at year-end 2008, compared to 6.418 MMBO NAR at year-end 2007, an increase of 200%.
(179) "In-place" refers to the "amount of petroleum contained in accumulations of at least 50 MMBO [million barrels of oil] without regard to recoverability." Id.