Locating Sweet Spots: Shale Petroleum Systems
Petroleum system analysis has been a major tool in petroleum geoscience and exploration – but can it help locate shale ‘sweet spots’ and thus increase production, reduce risk and minimize…
Exploration
Rakhine Basin Gas Discovery, Offshore Myanmar
Korean company Posco International has discovered a new gas field in Myanmar with exploration well Mahar-1, located in offshore Block A3 in the Rakhine Basin. Location of the Posco…
Egypt: A New Regional LNG Hub?
Egypt became a net importer of LNG in 2015. However, the country announced its intention to cease imports and begin exporting LNG through its main LNG terminal at Damietta in…
Dry well for Spirit Energy in PL780
In what was predicted to be a risky well, Sleipner and Skagerrak reservoirs unfortunately proved dry.
New study suggests significant petroleum potential for Greenland’s Baffin Bay area
The northwest part of the Greenland Shelf has not been tested by deep wells yet, creating the opportunity for significant finds.
Dugong discovery confirmed
Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway…
Second Barents Sea exploration well of the year also comes in dry
Equinor and partners Vår Energi and Petoro hit water in the Mist prospect
Large amount of 2020 well deferrals both in UK and Norway
Although activity on the NCS may still seem buoyant compared to the UKCS, well deferrals in both areas is high according to Westwood Global Energy’s analysis.
Another disappointment in the Norwegian Sea
OMV operated well 6506/11-12S, currently being concluded, suggests field is smaller than anticipated.
Equinor hopes to capitalise on PL248C through drilling Swisher well
Two small finds in the licence so far may become commercial once a bigger discovery can be added.
Your UK-Norway exploration wrap up for the first six months of 2020
Brought to you by Westwood Global Energy Group
Bleak first six months of the year for UKCS exploration drilling
With only one exploration well spudded so far, the UKCS is seeing an unprecedented drop in activity.