El Paso Reports 2.8 Tcfe of Risked Non-Proved Resource Potential
El Paso Corporation has an estimated 2.8 trillion cubic feet equivalent (Tcfe) of risked and 6.1 Tcfe of unrisked non-proved resource potential in addition to its 3.1 Tcfe of proved natural gas and oil reserves at December 31, 2007.
The company's risked non-proved resource potential rose 12 percent from 2006 levels and does not include domestic properties that are targeted for divestiture. Proved reserves and non-proved resources include the company's proportionate share of Four Star.
- E&Y: 2012 'Record Year' for O&G Deals (Jan 24)
- FTC Approves Kinder Morgan Acquisition of El Paso (May 01)
- Sources: KNOC A Partner in El Paso E&P Acquisition (Mar 19)