Iceland: First Licensing Round
Iceland has announced their very first oil and gas licensing round. Some 40,000 square kilometres are offered on the Jan Mayen Ridge that lies between Norway and Iceland. The first…
Oil & Gas
Billions of Barrels
Discovered in 2000 at the Elm Coulee Field in Montana, Williston Basin’s Bakken Formation is currently the hottest onshore oil play in the U. S. and Canada. The U.S. Geological…
Introducing “Day to Day Seismic”
A permanent 4D system for reservoir monitoring has been established in less than three years. The investment is based on market research predicting a huge increase in permanent systems throughout…
Reality Hits Brazil’s Pre-Salt Play
Recent news of at least three dry wells and suspension of the Tupi extended well test illustrate some of the challenges facing the pre-salt play that Brazil’s government has touted…
Cepu Block, Java
The surprising discovery of some 600MMbo of oil in Tertiary carbonates in a mature basin has vitalized the Indonesian oil industry. The Cepu oil-and-gas block on Java Island is one…
Brazil’s Reserves will Last 50 Years!
Giant discoveries in the pre-salt play are expected to boost Brazil’s production to almost 6MMbopd within 10 years. According to Edison Lobo, Brazil’s Energy Minister, sufficient reserves have been found…
Pyrenees Hold Clues to Fractured Carbonate Reservoir
Faults and fractures are often an important factor in determining hydrocarbon storage capacity and productivity in reservoirs such as tight carbonates, quartzites and basements. The use of reservoir analogues such…
Tight Gas Play – and Water for Millions
The Edwards Limestone is a hot gas play in south Texas, while 110 km to the north, it is the primary water source for nearly 2 million people including the…
All Eyes on Brazil
Since announcing that it had become self-sufficient in oil in 2006, Brazil has continued to enjoy exploration success, with a number of exciting finds being announced in the last year,…
The Marcellus Shale
The gas potential of the Marcellus Shale of the Appalachian Basin has made it an attractive investment opportunity. Horizontal wells and hydraulic fracturing have boosted production rates and recoverable reserves…
Enhancing Reservoir Performance
A new approach makes fast, accurate reservoir modelling a practical component of field management. Drilling rates are at an unprecedented level, generating large volumes of data that, if modelled, could…
Disproving The Theory
A significant discovery of light oil in sandstones with excellent porosity has been made on the Tampen Spur in the North Sea. Prior to this find, the area was thought…