Oil & Gas

Artificial Intelligence and Petroleum System Risk Assessment

Using artificial intelligence to assess hydrocarbon charge risks. AI and Petroleum System Risk Assessment At this turning point for the oil and gas industry, with escalating competitiveness and a need…

UKCS: Lancaster has reached 20,000 bopd

Q1 2020 Production   Lancaster EPS Quarterly Production Update        Q4 2019  Q1 2020  Oil Production  Million barrels  1.1  1.4  Oil Rate  Barrels of oil per day (bopd)  11,800  14,900 …

Resources may be lost

Several companies have notified and initiated measures that may affect future production on the Norwegian continental shelf, the Norwegian Petroleum Directorate announces this morning.

The final oil crisis?

Former oil company director Maria Moræus Hansen outlines two possible scenarios for the oil industry’s near future.

Oil production to increase in 2020

– Western Europe’s oil supply, with Norway and the United Kingdom as key contributors, is set for a renaissance this year and a growing trajectory going forward, according to Rystad…