Devastating Results
With few discoveries of note in 2015, we continue to use more hydrocarbons than we find. 2015 was a big disappointment for explorationists. Only two decent discoveries and, even worse, exploration…
In the News
Collaboration is the Future
Australian-based Searcher Seismic and Chinese BGP consolidate their relationship. In the present rather straightened times, many people in the oil and gas industry believe that collaboration, even across continents, is the way…
The Petroleum Gulf
Oil Discoveries off the Arabian Shore In that gulf, there was no continental shelf; its waters were not very deep and nowhere exceeded 75 fathoms. The geologists had ascertained that…
The Road to OPEC 1960
Holding 77% of world’s proven oil reserves and delivering 41% of production, OPEC has a powerful place in our world. Here we review how OPEC began and rose to its…
Strong operational performance
ENGIE E&P in Norway reports strong operational performance with a 24 % increase in production and high regularity in 2015 compared to 2014.
Markets Behaving Differently
The Middle East – one of the most stable E&P markets The Middle East is the largest producing area within the E&P industry, with a total production of around 41 MMboepd…
Back to Source Rocks: Part I
The science and analytical techniques to investigate petroleum source rocks have been developed over the past four decades. Understanding the geology and geochemistry of source rocks is crucial to petroleum…
Largest man-made moving object
Polarcus breaks records with its current ultra-wide 3D marine seismic project offshore Myanmar.
Building Africa’s Oil and Gas Future
Commercial and organisational reforms together with sound advice and networks are needed to move Africa forward in the present challenging environment. Africa’s continental oil and gas game flourished on long-term trend…
Converting Discoveries Into Production
A key challenge for the E&P industry over the few next years will be to mature the discoveries made during the last five years, and convert them into commercial fields.…
The Ross Sea, Antarctica
Remoteness and extreme weather, coupled with increasing environmental concerns, mean that only about 200 visitors reach the Ross Sea each year – but once there they are rewarded with spectacular…
Ghana – from African Star to IMF Bail-out.
Despite the government’s protestations that oil revenues would be managed transparently, corruption, debt and economic mismanagement are now creating tension, as Ghana succumbs to the resource curse. In 2007 Kosmos…