Lessons to be learned
“The Maria field in the Norwegian Sea has underperformed”, reports Joe Killen, analyst with Westwood Global Energy. It came onstream a year ahead of schedule but has experienced a 71%…
Oil & Gas
The World Needs More Energy
In their Energy Outlook, issued every year, BP looks at the broad forces shaping the energy. This year BP highlights two key issues. Firstly, the world needs more energy, and…
Deep Blue – one of nine
The Exploration Innovation Prize is awarded a license group, company, team or person who during the last two years have given a courageous and innovative technological contribution in exploration for oil…
The Origin of Shale Gases
The origin of shale gases has important implications on their ability to provide hydrocarbon reserves. As we all know, the discovery that gas formed and locked in shale source rocks…
The Shale Oil Revolution
Barely recognizable some ten years plus, shale oil production from 6-7 US sedimentary basins has now reached almost 8MMbopd. Most of the oil – almost half of it – comes…
Neptune goes ahead with Seagull
Neptune Energy announced that Neptune and its joint venture partners BP and Japex have agreed on the final investment decision for the Seagull oil project. Seagull is a high pressure,…
334MMbo offshore Ghana
The main Pecan field, located in ultra-deep waters ranging from 2,400 to 2,700 metres about 115 kilometres offshore Ghana, will be developed with a Floating Production Storage and Offloading (FPSO)…
Maria still shut-in
In an interview with Sysla, Mario Mehren CEO Wintershall, confesses that he is disappointed how the Maria field has performed so far and that there is uncertainty when it will…
PDO for Luno II
The Solveig oil discovery in PL359, is located 15 km south of the Edvard Grieg field and will be developed via a subsea tie-back to the Edvard Grieg platform, involving…
Oda on stream
Spirit Energy, operator of the Oda field has announced that it started producing from the Oda field almost 5 months earlier than planned and under budget with a 15% reduction…
The world’s cleanest production
At the annual conference of the Norwegian Oil and Gas Association on the 14th of March, Equinor presented a study from Stanford University which shows that the world’s CO2 emission…
More production from the UKCS
The “Projections of UK Oil and Gas Production and Expenditure Report” published by the OGA, expects that UK oil and gas production over the period 2016–2050 is reaching 3.9 billion…