New measures to maintain high gas exports to Europe
Equinor and its partners, together with Norwegian authorities, take new steps to meet the gas demand in Europe. Increased production permits allow the high gas production from the Troll, Oseberg…
Oil & Gas
Liatårnet considered non-commercial
In a way, the RFT tests carried out in 25/2-11 in 1987 proved to be a key indicator with regards to the potential of the Liatårnet oil discovery: no oil…
The ten worst UK field developments
Coming up with the ten worst field developments across the UK Continental Shelf requires some experience and knowledge about the history of the basin. In a well-illustrated video, which can…
“The European gas market is broken”
That concludes Nikos Tsafos in a tweet earlier this morning when comparing gas and oil prices. Yes, oil is now north of $100 per barrel, but in oil equivalent terms…
How long could Europe survive on Norwegian gas alone?
When the NPD issued their latest resources inventory last week, one of the headlines was that proven resources had increased by 893 MMboe compared to last year’s accounts. And, 65%…
Reabold Resources aims to drill new production well in West Newton
In what is claimed to be the biggest onshore UK find after the discovery of Wytch Farm, a potentially significant volume of oil (146 MMbo in place) and gas (6…
Barents Sea undiscovered resource estimates are misleading
In its summary of the Resource Accounts for the Norwegian Continental Shelf 2021 (published on 17 February), the Norwegian Petroleum Directorate states that the estimate for liquid and gas resources…
Approved development plan for Kobra East & Gekko
Operator Aker BP and licence partners ConocoPhillips Skandinavia and Lundin Energy Norway submitted the PDO to the Ministry in June last year. The KEG development will contribute to extend the…
Firing up the development of six UKCS fields? A reality check
Over the past year, the UK government has not been particularly decisive when it comes to approving field developments. Jackdaw is the best example of this, with Shell’s preferred exit…
Barents Sea “Nondiscussed” Area
The disputed area between Norway and Russia in the Barents Sea, equalling the Norwegian North Sea in size, has a different petroleum system than the proven oil and gas provinces…
Maureen recovery factor in Mariner much lower than initially foreseen
“The Mariner reservoirs have up to 3 billion barrels of oil in place, a 50% increase on what was originally assumed, and the estimated recovery rate has already been increased…
The field that is situated above the first water-bottom multiple
Situated only 250 m below the seabed, few people believed that the very shallow Wisting prospect could hold up to 500 MMboe recoverable. Until OMV drilled 7324/8-1 in 2013, which…