Exploration is a long-term game
“Oil prices fluctuate, but we aim for a steady pace in terms of our exploration activities,” says Olav Antonio Blaich, VP Exploration & Reservoir Development at Aker BP in Norway.…
Exploration
Harbour is keeping busy in the J area
Harbour Energy is keeping busy in the J area (Quadrant 30 in the UK Central North Sea), where the company is currently drilling three wells in various stages of completion.…
Small is beautiful
Equinor’s recent discovery Egyptian Vulture (geoexpro.com) proves that nearfield exploration is both low risk and highly profitable. A seismic anomaly covering some 80 km2, combined with “oil down to”, indicate…
Aker BP spud well that may become the smallest discovery of the year
Well 24/12-7, spudded a little more than a week ago in PL1041, targets the Lyderhorn prospect in what are possibly Hermod Fm injectite sands of Paleocene age. Operated by Aker…
Egyptian Vulture discovery in line with Equinor’s new strategy
“Exploration activity is key Equinor’s new strategy,” says Kristin Westvik (Equinor’s area director for Exploration and Production North) in yesterday’s press release. That’s not too much of a surprise, but…
Strongest program – ever!
In just 15 days, we are gathering in Stavanger for the 4th annual NCS Exploration Strategy Conference. The 2022 program features all the oil companies that matter on the NCS,…
The urgent quest for more energy requires sober actions
The world is hungry for energy, more so than ever, and as a result “peak oil demand” may be postponed into the mid or late 2030s. As it now also…
Mugnetind – minor discovery
Spudded on the 10th of October, 7/11-14S operated by Aker BP has turned out to be the third consecutive find for partner Longboat Energy (20%) after Rødhette in the Barents…
Not a great exploration year for Lundin so far
So far, this year has not been very successful for operator Lundin. The company has now completed six exploration and appraisal wells on the Norwegian Continental Shelf in 2021. Together,…
Banning exploration may not be the answer
In August this year, Reuters reported that Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas…
The flat spot that disappeared through technology
This story starts with the drilling of the 7221/12-1 Svanefjell well in the year 2018. A shallow target at a depth of around 550 m in Late Carnian to Early…
Tremendous Interest for Deep Sea Minerals
Almost 200 delegates have signed up for NCS Exploration – Deep Sea Minerals 2021 that begins this morning, the majority being present in person, while some few have selected a…