The Reality of Reserve Growth
Between 1995 and 2003, reserve growth from existing fields worldwide added three times more oil to conventional reserves than new field discoveries. Estimation of future reserve growth will be a…
Oil & Gas
A New Era for Innovative Explorationists
Most of the sub-basins of the North Sea geological province are now considered to be in a mature exploration phase. The supermajors are consequently on their way out. Thanks to…
Borehole Images: Present and Future Applications
High-resolution, while-drilling electrical imaging provides a 360 degree map of the borehole wall in its most pristine state, before significant mud invasion and bore- hole degradation. This real-time information provides…
The Single Biggest Exploration Commitment
After an absence of 30 years, BP has recently announced that it is returning to Libya – and in a very big way. Hot Spot Libya
Demonstrating Capability
Major improvements have been made over the last two decades in measuring drilling parameters (MWD) and logging formation characteristics (LWD) whilst drilling. During the logging of two North Sea fields,…
Much Ado About Nothing?
Has integrated 3D reservoir modeling really changed the way we work, or has it been just “much ado about nothing”? Much Ado About Nothing
Huge volumes left in the ground
The coastal plain of the Arctic National Wildlife Refuge in Alaska is not likely to be exploited for hydrocarbons in the near future. Nevertheless, this geological province is referred to…
Angola Offers Ultra-Deep Water Blocks
Sonangol EP, the national oil company of Angola, recently announced a new licensing round for 2007-2008. Hot Spot- Angola offers Ultra-Deep Water Blocks