NCS: 10 more years for Troll B
So far, more than one billion barrels of oil have been produced. The Norwegian Petroleum Directorate reports that they have given operator Equinor and the other Troll licensees consent to…
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.
Norway may cut oil production
Norway is considering cutting its production of oil as a part of an international agreement, Bloomberg reports.
Johan Sverdrup field to reach plateau production in May, before schedule
According to Equinor, The North Sea Johan Sverdrup field expects to reach plateau production for the first phase in early May, earlier than anticipated. Plateau production was previously expected to…
UKCS: Successful drilling campaigns over Chiswick and Chestnut
Earlier this month, the first gas from the new C6 well at Spirit Energy’s Chiswick field in the Southern North Sea was achieved. This has added up to an additional…
The final oil crisis?
Former oil company director Maria Moræus Hansen outlines two possible scenarios for the oil industry’s near future.
Large volumes to be found offshore Greenland
The first delivery of the resource assessment project of the entire Greenlandic shelf in 2018 is now available to download for free for petroleum exploration companies. The Greenland Resource Assessment…
A Brief Overview of Gas E&P Activity in the Eastern Mediterranean
This ‘Hot Spot’ feature gives a brief overview of the exploration and production activity of gas in the Eastern Mediterranean. The Eastern Mediterranean theatre has become a pressure point for…
NCS: Shallow Peon gas discovery to be evaluated for development
Equinor is testing the 35/2-1 (Peon) discovery from 2005 for field development, and has submitted an application to the Norwegian Environmental Agency for consent to drill a test well next…
UK onshore: Horse Hill field approved for production
UK Oil & Gas PLC announced that the Oil and Gas Authority has approved the Horse Hill Field Development Plan and consented to the start of long-term production (“Production”) from…