The sequel: The hunt for Buzzard II continues
The prospect is located in the Peterhead Graben, a sub-basin in the geographically more extensive ‘South Halibut Basin’, home to numerous Upper Jurassic fields and discoveries of which the giant…
Exploration
Are National Oil Companies the answer to addressing security of supply concerns across the North Sea?
“Many countries in the West have deliberately moved from being carnivores to vegans if that analogy can be used for the energy system”, someone recently told me at a conference.…
Chasing giant oil prospects on the Arabian Platform in southeastern Türkiye
As part of the Arabian Platform, known as the most prolific oil province in the world without a doubt, southeastern Türkiye continued to be underexplored until recently. The USGS published…
Why?
Many question why oil and gas companies are still investing in the sector, at a time when the fight against global warming is intensifying and the world is keen on…
Hydrocarbon find at the far eastern end of Brazil’s Equatorial Margin
Yesterday, Petrobras announced the discovery of hydrocarbons in the ultra-deep waters of the Potiguar Basin in Brazil. The well, named Anhangá, found hydrocarbons in turbidite reservoir sands of Albian age.…
Increase risk!
“Have we run out of new ideas?”, asked Kjersti Dahle from the Norwegian Offshore Directorate (NOD) rhetorically during her keynote speech at the NCS Exploration Strategy conference in Stavanger last…
A working petroleum system on purely oceanic crust
*Christian Niño currently works at Petronas and Martin Zubiri works at Pan American Energy. For a long time, exploring for hydrocarbons in the deep waters of the Gulf of Guinea,…
Hydrocarbon shows don’t necessarily mean a significant discovery
“MCF Energy Announces Significant Gas Discovery in Austria“, is the headline of a press release issued a few days ago by Canadian player MCF Energy. That sounds like exciting news…
CNOOC makes largest offshore hydrocarbon discovery in special rock formation. What is that about?
Last week, I was struck by a headline published by media outlet OGV. It read: CNOOC makes world largest offshore hydrocarbons discovery in special rock formation. Reading through the article,…
BP shores up gas reserves West Papua, Indonesia
BP reportedly made a significant new offshore gas discovery in the large West Papua Berau PSC, Indonesia, with the Kepe-Kepe-1 sidetrack, according to oil and gas regulator SKK Migas. The…
Sandwiched between two major petroleum provinces, Suriname’s shallow offshore bid round acreage will be popular
The second shallow offshore bid round in Suriname was launched in November 2023 at the ICE Conference in Madrid. Management Presentations and Virtual Data Rooms have been available since 18th…
This is the time of subsurface by-products
Speaking to an Aberdeen audience about 10 years ago, Jon Gluyas argued that the North Sea oil business was in essence a water industry. Looking at volumes of produced water…