COVID-19 virus makes an impact on oil markets
The International Energy Agency (IEA) just released its latest oil market forecast, expecting the global oil demand to decline this year as the impact of the new coronavirus (COVID-19) spreads…
Exploration
APPEX 2020: A Johan Sverdrup analogue at the UKCS?
One of the larger prospects that were presented at the APPEX Global 2020 is from the UK company North Sea Natural Resources Ltd (NSNR). Expronews.com talked to their CEO, Niels…
APPEX 2020: Exploration trends and outlook
At the first day of APPEX, Andrew Latham, VP Global Exploration at Wood Mackenzie, gave an interesting overview of exploration trends and outlook in his talk: 2019 was another good…
Success for Migris prediction
The small oil discovery 15/3-12 S (Sigrun East) gave reason to celebrate for Migris company, as they predicted this outcome earlier in 2020. Migris, who describe and reduce geological and…
Small oil discovery in Sigrun East next to Gudrun
Wildcats 15/3-12 S and 15/3-12 A (Sigrun East) proved oil next to the Gudrun field in the mid-North Sea on the Norwegian Continental Shelf (NCS). Preliminary estimates place the size…
PSA gives thumbs-up for two wildcats
The Petroleum Safety Agency (PSA) in Norway has granted consents for two exploration wells. These are the Capricorn (now part of Sval Energi) wildcat 35/8-7 S on the Duncan/Terako prospects…
Balderbrå appraisal disappoints
The gas discoveries southwest of the Aasta Hansteen field in the Norwegian Sea. The two small discoveries, also in the Late Cretaceous Springar Fm, to the lower left, 6603/12-1 and…
Equinor drops Australian wildcat
Overview over licenses and drilled wells in the Ceduna Sub-basin. Map: Equinor. Equinor states in a recent press release that they see no commerciality in their exploration drilling plans in…
Karst of the Arctic still in focus
Geir Elvebakk. Photo: Terje Solbakk Expronews talked to Geir Elvebakk, on the soon-to-start carbonate wildcat campaign in the Barents Sea. Elvebakk is a Barents Sea carbonate expert, recently retired from…
Reprocessed broadband MC3D from the Barents Sea
Geoprovider sent geoexpro.com a press release with images of its first multi-client reprocessed 3D seismic dataset in the Western Barents Sea. Overview of area. Map: Geoprovider. The reprocessed broadband data…
What’s your favourite wildcat?
Once again, the time has come to nominate the most courageous and innovative prospect drilled on the NCS the last two years, the Exploration Innovation Prize (EIP). The winner will…
De-risked prospects on the UKCS
Glengorm, the largest discovery in more than a decade, may have de-risked similar HPHT gas-condensate prospects.