Searching for 1 $ barrels
The new major on NCS Vår Energi has a goal of 10 -15 exploration wells per year. Their priority is near-field exploration with a target of 1 $ finding cost…
Exploration
Week 1 2020
[this post has been updated 15:23 06.01.2020] The first full week in 2020 starts with a major event on Tuesday, the official opening of the oil and gas field giant…
New senior editor in Expronews
GeoPublishing, the publisher of Expronews.com, has increased its editorial capacity and competence, aiming for better products. Terje Solbakk started this year as a senior editor with a special focus on…
Exploration in NW-Europe – a quick glance
The petroleum industry in this corner of the world enters another year. The search for new hydrocarbons to replace existing assets to an increasing energy-demanding market. NCS: At the moment,…
Will EM pass the test?
EM data has disaffirmed the presence of hydrocarbons. Still, the Grind prospect will be drilled early next year.
NCS: Best year since 2011
The industry now seems to recognize the high value discoveries, i.e. smaller discoveries near existing fields that can rapidly be put into production at low cost. The success rate for…
UK: Still high interest in exploration
The United Kingdom’s latest offshore licensing round has attracted 104 applications covering 245 blocks or part-blocks across the main producing areas of the UK Continental Shelf (UKCS). Applications were received…
Minor discovery at Canela
The objective of the well was to prove petroleum in the Early and Middle Jurassic: Garn, Ile and Tilje Formations. Well 6507/7-16 S encountered a total gas column of 52…
First independent hydrocarbon discovery in Ghana
In November 2019 Springfield Exploration and Production Limited are reported to have made two hydrocarbon discoveries totalling over 1.2 Bb of oil in offshore deepwater Ghana. In November 2019 Springfield…
Mauritania: Year’s largest gas find
The largest gas discovery of 2019 to date, which was made in the BP / Kosmos operated BirAllah area of offshore Mauritania, was announced in late October. The largest gas…
Looking for the Latest Licensing Round Bid Block Perimeters?
Upstream data services company, Lynx Information Systems, provide an interactive web map for the latest oil and gas licensing round bid block perimeters. Interface of interactive web map. ©…
New Nodal Technologies for Oil and Gas Exploration
New nodal systems for both land and marine deployment demonstrate that it is important that companies keep innovating and collaborating to improve oil and gas technologies. When discussing new technologies…