Entering the Oil Sands
Statoil and North American Oil Sands Corporation (NAOSC) have entered into an agreement whereby Statoil will acquire all shares at a price of about USD 2 billion. Statoil will become…
Exploration
Producing Gas from Shales
The Texas Barnett Shale sets global standard for the largest active natural gas play in the US; pioneering the industry with cutting edge technology. The Barnett Shale play, in the…
A Sleeping Giant Awakes
Kazakhstan has spent most of its history away from the gaze of the West. But this vast and remote country, the size of Western europe, is now about to step…
Continued Record Investment in UKCS
The recent announcement of the 24th UKCS Licensing Round awards came at the end of another record year for the UK oil and gas industry. Over 700 million barrels of…
Producing Gas from Shales
A rock as tight as a table top, the Barnett Shale has become the most prolific gas reservoir in Texas and the largest active natural gas play in the United…
Oil Under Foot
Some of the most productive oil and gas acreage ever discovered lie adjacent to the site of this year’s AAPG National Convention in Long Beach. Separated by only 5 km,…
Introducing Viking Ship Design
‘This was too good an opportunity to say no to,’ says Rolf Rønningen, CEO of the new seismic company Eastern Echo. The company is building 4 high-end 10 streamer seismic…
ExPro Update
“A Fleet for the Future” With three “new generation” 3D vessels and one 2D high-end vessel coming this year, all with big sources and long streamers capable of imaging deep targets,…
Hollywood Pay-Dirt and the Active Basin
The Los Angeles basin is one of the most prolific hydrocarbon basins in the world. This is due to rapid subsidence and deposition of organic-rich source beds next to turbidite…
Deepwater Lures Statoil Back
Reprocessing of several seismic data sets acquired offshore Norway in the 1980’s have demonstrated significant improvements in both resolution and structural imaging. The improvements were gained mainly through more accurate…
Significant Gas Potential in an Underexplored Basin
The Bristol Bay is a frontier basin with very limited seismic and well data available to the public. Preliminary analyses of the limited subsurface data coupled with surface outcrop data…
East African Exploration: Myths, Myopia and Misinformation?
Commercial accumulations of liquid hydrocarbons have remained elusive in East Africa, despite numerous shows and seeps. Could a reanalysis of the Petroleum Systems lead to renewed exploration? East African Exploration-…