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The global energy sector from a subsurface perspective

Oil & Gas

Is the Colombian Basin on its way to become the next big frontier?

Luis Carlos Carvajal-Arenas, Lucia Torrado, Juan Pablo Ramos, and Paul Mann
The demand for replacing O&G reserves along with the development of modern drilling and imaging technologies has pushed the boundaries of offshore exploration to new limits. By applying data-lead concepts,…

Much more than an oil country

Marel Sanchez, Juan Francisco Arminio, Katya Casey and Kevin Schofield, U3 Explore
With 202 Tcf, Venezuela accounts for 73 % of South America’s total natural gas resources, but gas production has been minimal in localized domestic markets due to limited existing infrastructure…

The globalization of gas

Dr Carole Nakhle
In 2022, Europe witnessed an energy crisis like no other in modern times. Natural gas prices soared, hitting a historic high of more than €330 per MWh in August 2022.…

Natural Gas: The best ally for Colombia’s energy transition

Juan Pablo Ramos, University of Houston
Although natural gas production (1,050 MMcfd) in Colombia exceeds daily demand (960 MMcfd), the contrary could occur in the coming years with increasing demand and a slowdown in discoveries and…

Large licence turnover, but what’s the value added?

Ian Cross – Moyes & Co
There has been significant coverage in the news about the latest UK licensing round. To backtrack, the 33rd Offshore Licensing Round officially opened on 7 October 2022 with applications closing…