The vast brushlands of West Texas and New Mexico hold a miracle
Nestled in the vast brushlands of West Texas and New Mexico, the Permian Basin quietly outstrips the oil production of countries like Iraq, Iran, or Canada, a fact that often…
Resources
The future lies in low-perm reservoirs – not only in the desert but possibly in deep-water too
We received quite a few comments on our short story about the commencement of tight gas production from the Ghawar field in Saudi Arabia. Thanks to that, there is an…
Lots of activity but limited resource growth
Every year in January, the Norwegian Offshore Directorate – which until the turn of the year was called the Norwegian Petroleum Directorate – summarizes the activities on the Norwegian continental…
Three small countries with little gas left
The daily news in the E&P sector is obviously focused on success stories. New finds in the East Med, the first shipment of LNG from Mozambique or another oil discovery…
Myanmar oil and gas exploration, delayed but not forgotten
In 2015, Duncan Witts described Myanmar as “one of the World’s current hotspots for oil and gas exploration…”. Forward to 2022, exploration and foreign investment have significantly declined due to…
The need for joined-up thinking to optimise use of the North Sea to achieve net zero targets
The UK has been highly effective in decarbonising the UK electricity system through the use of renewables in general and wind power in particular. The contribution made by wind power…
Poland’s long-term gas strategy pays off
Russia may have cut gas supplies to Poland last week, but the country started a diversification process years ago. These decisions are about to pay off. For Poland, but not…
“The European gas market is broken”
That concludes Nikos Tsafos in a tweet earlier this morning when comparing gas and oil prices. Yes, oil is now north of $100 per barrel, but in oil equivalent terms…
How long could Europe survive on Norwegian gas alone?
When the NPD issued their latest resources inventory last week, one of the headlines was that proven resources had increased by 893 MMboe compared to last year’s accounts. And, 65%…
Barents Sea undiscovered resource estimates are misleading
In its summary of the Resource Accounts for the Norwegian Continental Shelf 2021 (published on 17 February), the Norwegian Petroleum Directorate states that the estimate for liquid and gas resources…
Glengorm may still be viable as a tie-back option
When the results of the Glengorm discovery well (22/21c-13) came in early 2019, partner Total announced that the accumulation could hold 250 MMboe recoverable. Following the completion of two appraisal…
BBC oil documentary highlights concerns, but needs more perspective
“Everything we did would benefit the nation,” as Jake Molloy – Regional organiser, RMT Union – said in yesterday’s BBC Documentary Black Black Oil. He referred to the start of…