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SLB Schlumberger Ltd

47.68
0.10 (0.21%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Schlumberger Ltd NYSE:SLB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.21% 47.68 47.97 47.13 47.66 11,106,909 01:00:00

Sirius Petroleum Widens Potential Resource Range of Ororo Field

22/04/2016 8:07am

Dow Jones News


Schlumberger (NYSE:SLB)
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By Alex MacDonald

 

LONDON--Nigeria-focused Sirius Petroleum PLC(SRSP.LN) said Friday the Ororo Field located in the shallow waters off Nigeria's coast has a wider potential range of resources than previously estimated.

The U.K.-listed firm said a recent independent report produced by Rockflow Resources Ltd. showed the field had a mid to high liquid hydrocarbon volume range of between 7.65 million to 20.48 million stock tank barrels.

This compares to previous estimates calculated by Schlumberger Ltd. of between 10.08 million and 12.87 million stb. Stock tank barrels is a way to combine the calculation of barrels of oil and liquids in place.

 

-Write to Alex MacDonald at alex.macdonald@wsj.com

 

(END) Dow Jones Newswires

April 22, 2016 02:52 ET (06:52 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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