Magseis acquires Fairfield
Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition, nodal and system sale & rental activities.
Posts by Halfdan Carstens
0.7 dollar per barrel
The finding cost of 0.7 USD/boe was published in conjunction with Lundins corporate presentation in October. This is in comparison to acquisitions costs of 3.25 USD/boe and 4.2 USD/boe for…
Looking for deep oil
Statistical data demonstrate that the UK has been more successful than Norway in finding deep oil. The reason for this will be discussed in November.
PGS to collect plastic
The PGS plastic collection concept may be valuable in certain areas and during seasons or events when plastic densities are high.
Aker BP acquires King Lear discovery
The aquisition means an increased resource potential of 100 MM boe for Aker BP.
First remotely operated platform
Oseberg Vestflanken 2 field in the North Sea came on stream on October 14. Recoverable resources are 110 million barrels.
UK exploration builds momentum
Between 2008 and 2017 1.5 bnboe of commercial resources were discovered in the UK.
Landmark contract for Magseis
Magseis has received a letter of intent from CNPC for the sale of ocean bottom nodes and handling systems.
Equinor verifies discovery
“The appraisal well confirms a new play on the Nordland Ridge in the Norwegian Sea,” says Nick Ashton, Equinor’s senior vice president, Exploration, Norway & UK. “The discovery demonstrates the…
Equinor majority owner
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project.
A new cycle of exploration
Growth is back on the agenda. Many companies are asking themselves whether it’s time to acquire or explore, says Wood Mackenzie.