There’s still plenty of fizz in FANTA
Systematic exploration for smaller volumes can still pay off. A perfect example of this is the perseverance with which Equinor and partners DNO, Idemitsu, Neptune, Petoro, Vår Energi and Wellesley keep…
Exploration
Number of companies and awards in 2021 APA round lowest in eight years
In NPD’s press release announcing the APA 2021 awards, there is an interesting remark: “This year’s awards show that there is still great diversity among the players,…” The key in…
No Johan Sverdrup in the Norwegian Sea for Lundin
As announced by the NPD this morning, Lundin and partners Spirit (20%; soon to be Sval Energy) and Petoro (20%) have drilled a dry well on the Frøya High in…
The search for oil in an abandoned gas field
Aker BP has started drilling an interesting well (25/2-23A) in PL873, where Equinor (40%) and Lotos (20%) are partners. The first hole will be drilled in the Eocene Frigg sandstone…
ONE-Dyas appraises IJssel find
Early 2021, ONE-Dyas completed a successful exploration well (F06-07) in the northern Dutch offshore, just south of the Neptune-operated F03-FB field. In contrast to most wells drilled in the Dutch…
A second Johan Sverdrup?
A week ago, Lundin Energy and partners Spirit (20%; soon to be Sval Energy) and Petoro (20%) spudded well 6306/9-1 in PL886, following a delay of more than a year.…
Exploration success north of Troll
In press releases issued today, operator Equinor, partner Wellesley (50%) and the NPD announce that the 35/10-7 S&A well in PL630 targeting the Toppand prospect has resulted in the discovery…
An oil prone frontier basin
A multitude of geological data suggests that the petroleum system is in place. Rich, voluminous source rocks, likely migration paths, good reservoir rocks and huge traps all make the Seychelles…
Changing Exploration Focus Paved Way for Success
After only a few small discoveries in what appeared to be favourable geological conditions, a major study of the petroleum system of the huge, immature basin was conducted. The subsequent…
Market Update
Trading assets on the web, New Orleans, a city of past and present history, SeaBird to acquire SeaBed, Increased capacity for multi component seabed data acquisition, Doing it alone, Do…
Frontier with high expectations
Mozambican authorities have good reasons to be optimistic when embarking on a new exploration campaign. Seeps of oil and gas are well documented at several localities in the Rovuma Basin,…
Market Update
2008: Planet Earth, Sound of Geology; International Workshop in Bergen, 26.-28. April 2006, Software for the Asset Team, Will there be a Saudi oil shock to shake the World economy?,…