Big Numbers – Substantial Growth
By increasing the daily output from today’s 3 MMbo to 8.3 MMbo, Iraq will be largest contributor to global supply growth over the period to 2035 Iraq is currently producing…
Global Resource management
More Oil and Gas to be Found
There is no doubt: oil and gas will remain the preferred energy source for years to come, according to Exxon Mobil’s comprehensive review of energy demands in the next 30…
A Gloomy Future
The 2011 World Energy Outlook tells us that fossil fuels will dominate for the next 25 years. The result: a substantial increase in temperature. The world is rapidly locking itself…
Gas Hydrates-Not So Unconventional
Recent tests in the Arctic permafrost clearly demonstrates that gas hydrates can be produced using current technologies, opening the door for a new, viable energy source. For years, gas hydrates…
Is Peak Oil Still a Concern?
The first of the Geocontroversies debates held at the Petroleum Geology Conference in London earlier this year brought up some interesting arguments and ideas around the concept of ‘Peak Oil’.…
4D Geophysical Data
Building on ongoing IOR research efforts, StatoilHydro aims to be a leading company in quantitative integration of 4D data in reservoir modelling in order to meet challenges in the most…
Where Giants Roam
Offshore Norway, exploration activity over the last couple of years has reached record-breaking levels, leading to many discoveries, but few of any size. The Norwegian Petroleum Directorate, however, believes that…
Canadian Oil Sands
With more than 2 billion barrels of oil to be recovered, StatoilHydro has a huge resource to tap into in the Alberta oil sands, which may last into the second…
Bright Future for Coal Bed Methane
A small coal basin located near the south central Oregon coast will soon be producing gas. Against all odds, this project provides an in depth look into how one man…
Forget Peak Oil
The question is not when we run out of oil, but when we are no longer able to increase our total energy output. In the meantime, like it or not,…
Remote and Dangerous Locations No Obstacle
As the search for hydrocarbons moves into increasingly unwelcoming and difficult terrain, a niche market in leading oil and service companies safely through the dangers of a hostile environment has…
The Heavy Oil Conundrum
Heavy oil offers a possible solution to our need for a constant supply of new and secure energy supplies, but its production is characterized by low recovery, so the industry…