NCS: Best year since 2011
The industry now seems to recognize the high value discoveries, i.e. smaller discoveries near existing fields that can rapidly be put into production at low cost. The success rate for…
Posts by Halfdan Carstens
Adding 136 million barrels
It is estimated that the remaining reserves in the area increase by 136 million barrels of oil. The field was proven in 1967, and the original PDO was approved in…
UK: Still high interest in exploration
The United Kingdom’s latest offshore licensing round has attracted 104 applications covering 245 blocks or part-blocks across the main producing areas of the UK Continental Shelf (UKCS). Applications were received…
No hydrocarbons at Echino South appraisal
The discovery (35/11-23 ) was proven in November 2019 in two sandstone intervals in Upper Jurassic Sognefjord Formation, as well as in the secondary exploration target in the Brent Group.…
Ireland’s oil exploration – do we really see the end of it?
While green issues are at everybody’s lips, oil and gas exploration offshore Ireland may in the future be limited to the search for gas.
«The Low Carbon Future»
In 30 years, Norwegian oil and gas production will be halved. At that time, CO2 emissions will reach a bottom level.
NCS: Non-commercial discovery at Toutatis
The objective of the well (Toutatis prospect) was to prove petroleum in the Early Jurassic Tilje and Åre Formations. 2019 Exploration and Appraisal Activity. Source: Lundin Petroleum The well encountered…
Chasing high value barrels
Exploration models with Jurassic reservoir rocks still dominate the Norwegian continental shelf. More than half of the prospects that have been drilled so far this year have middle or upper…
NCS: Duster for OKEA
OKEA ASA has completed drilling of appraisal well 6407/9-12 on the Skumnisse prospect, north-east of the Draugen field. The well will now be permanently plugged and abandoned as a dry…
25 billion barrels to be found
The expected value of remaining recoverable resources on the Norwegian continental shelf is 52 billion barrels oe, according to the Resource Report 2019. Despite more than 50 years of exploration,…
Aiming for marginal fields
OKEA has a nimble and low-cost strategy focused on growing its production through 1) exploiting upsides in and around producing fields, 2) developing sub-100 MMboe discoveries into production and 3)…
Found a 2.5 m oil column
OKEA has completed drilling of the reservoir section of the Infill Ø well (6407/9-11) in the Draugen Field. The well targeted a possible unswept oil accumulation in the producing reservoir…