Increase risk!
“Have we run out of new ideas?”, asked Kjersti Dahle from the Norwegian Offshore Directorate (NOD) rhetorically during her keynote speech at the NCS Exploration Strategy conference in Stavanger last…
Oil & Gas
Hydrocarbon shows don’t necessarily mean a significant discovery
“MCF Energy Announces Significant Gas Discovery in Austria“, is the headline of a press release issued a few days ago by Canadian player MCF Energy. That sounds like exciting news…
The vast brushlands of West Texas and New Mexico hold a miracle
Nestled in the vast brushlands of West Texas and New Mexico, the Permian Basin quietly outstrips the oil production of countries like Iraq, Iran, or Canada, a fact that often…
What is the longest well drilled along hole?
Based on a post on social media, in which we asked our followers to name the well with the highest step-out ratio – the ratio between horizontal distance and vertical…
Oil – and increasingly gas – on steroids
“We went from two to nineteen mudlogging units recently”, said a representative from Geolog at the IPTC Conference in Saudi Arabia this week. “It is obvious that things are picking…
Analysing a hydraulically fractured horizontal core to assess refrac candidates
Is a refrac worth the investment? That is what we investigated in an extensive study. A key piece of data in the study included a horizontal core adjacent to a…
What could be behind the downgrade of Shell’s deep-water discoveries in Namibia?
This week, Namibia’s petroleum commissioner Maggy Shino announced that Shell has thus far discovered 200 million barrels of recoverable oil at Graff and 300 million barrels of recoverable oil at…
More wells
High-impact New player MCF will drill two high-impact wells in Germany in Q1 2024. One will be a development well in the Lech area Bavaria, Germany. A previously drilled well…
The future lies in low-perm reservoirs – not only in the desert but possibly in deep-water too
We received quite a few comments on our short story about the commencement of tight gas production from the Ghawar field in Saudi Arabia. Thanks to that, there is an…
Ghawar keeps on going
In November last year, Aramco announced that it produced its first unconventional tight gas from the Ghawar South project, producing up to 300 mmscf/day of gas and 38 kbpd of…
Lots of activity but limited resource growth
Every year in January, the Norwegian Offshore Directorate – which until the turn of the year was called the Norwegian Petroleum Directorate – summarizes the activities on the Norwegian continental…
The future looks bright for the world’s fourth-youngest country
Timor-Leste was quick to capitalise on its oil and gas resources after in became independent in 2002. In the same year, a treaty was signed with Australia for a Joint…