Resources

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 astonishes those not in the know. In my own home…

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 shelf during the previous year. Director Torgeir Stordal began the…

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 in the Guyana Basin. There is less attention to countries…

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 operating difficulties, politics, and security concerns, showing for the umpteenth…

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 necessarily for Europe as a whole. Gas from Lithuania Last…

“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 the gas price is more than three times as expensive…

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 wells, this number has now been significantly reduced. The first…