Oil & Gas

Revolutionising the Prediction of Reservoir Performance using AI

Coupling deep learning methods with dynamic reservoir models can result in tremendous time saving and more reliable production forecasts in oil and gas production. Reservoir models are vitally important in…

Equinor to develop field in Siberia

“This is an important milestone in the joint project that we have been working on for seven years,” says Elisabeth Birkeland Kvalheim, Country manager for Equinor in Russia. The North Komsomolskoye…

Adding 136 million barrels

It is estimated that the remaining reserves in the area increase by 136 million barrels of oil. The field was proven in 1967, and the original PDO was approved in…

Oil Jackpot in Guyana

With 14 oil discoveries adding up to an estimated six billion barrels of recoverable oil over the last two years in just one block (Stabroek), offshore Guyana is proving to…

The Olympus Oil Field Development Optimisation Challenge

Combined optimisation of well control and well placement for the improved production of oil and gas resources. What is the Olympus Challenge? The OLYMPUS Field Development Optimisation Challenge was developed…

Great Expectations: Oil and Gas Drilling Campaigns in 2019

A number of interesting, but not very adventurous, drilling campaigns in oil and gas exploration are planned for 2019. A summary of expected wildcat drilling campaigns around the world for…

Exciting Times Ahead for Oil and Gas in Malaysia

Proven oil and gas reserves up for grabs in Malaysia’s next world-class acreage offering. Following on from a successful 2019 bid round, and carrying on the well organised and thorough…

Developments in Middle East Oil and Gas Exploration

It was a successful 2018 in Middle East oil and gas exploration for the small Gulf states and UAE. With global exploration delivering slim pickings for organic reserves replacement, focus…