Posts by Halfdan Carstens

NW Europe in Top Ten

Some 3.2 billion barrels of oil equivalent (boe) were discovered world-wide in the first quarter of 2019, according to Rystad Energy.   This compares with 9.1 billion boe discovered in total last…

“From Lykkeland to AI”

Recent advances in exploration technology is in the focus for the 3rd time in NCS Exploration in Fornebu outside Oslo. However, the emphasis will be on how to apply these…

“Another surprising well”

There is certainly no doubt that the quality of both imaging and de-risking has improved tremendously through 50+ years of exploration on the NCS.   Nevertheless, the industry has a long…

The Shale Oil Revolution

Barely recognizable some ten years plus, shale oil production from 6-7 US sedimentary basins has now reached almost 8MMbopd. Most of the oil – almost half of it – comes…

Shaping the future

“Now is the time to put technology back on the agenda and revisit how it can play a key role in shaping a sustainable future for the industry and society,”…

Finding missed pay

The analysis method has been named SATLOG, and virtually all wells on the Norwegian shelf have now been analyzed. The method is described in GEO 02/2019 and will be explained…

Technology is Key

Recent advances in exploration technology is for the 3rd time in focus  in the conference NCS Exploration in Fornebu outside Oslo. However, the emphasis will be on how to apply…

No state aid

The EFTA Surveillance Authority (ESA) has finalised its preliminary examination of a complaint case concerning the Norwegian Petroleum Tax Act. ESA finds that the annual cash refund of the tax…

The world’s cleanest production

At the annual conference of the Norwegian Oil and Gas Association on the 14th of March, Equinor presented a study from Stanford University which shows that the world’s CO2 emission…