Environmentalists celebrate the construction of new gas-fired power stations in Belgium
The current energy crisis as seen in Europe has been laid bare in Belgium over the past few days. At the same time as politicians and diplomats try to agree…
Resources
Should Groningen be kept open?
“The Netherlands will go ahead with plans to end gas production at the large Groningen field next year,” Reuters reported on the 24th of September. Similarly, as written by S&P Global…
Investing in oil and gas key for future of UKCS
With the current level of proven and probable reserves (4.4 billion boe), UK production only lasts until 2030 on the basis of demand projections. That may be the most impactful…
UK most susceptible to gas crunch
As Bloomberg Energy expert Javier Blas showed on Twitter last week, both the UK and Dutch gas benchmarks closed at all-time highs. Combined with the fact that due to the…
Denmark did not close the door for exploration
“Denmark set to end all new oil and gas exploration” or “Spain’s move to ban new exploration awards follows a December move by Denmark to ban new exploration (…).” These…
The clash of Cambo and COP26
Holidaying in the Scottish Highlands last week and driving around the tiny villages of Tomich and Cannich near Glen Affric makes one realise how Scotland both offers renewable energy but…
Around 250 MMboe (gas) yet to be found in the Dutch sector
The Dutch Continental Shelf is a mature part of the North Sea, experiencing a trend of rapidly declining production from a large number of small fields. Recently, exploration drilling has…
Oil under pressure
“When I started this job almost ten years ago, I joined a group of established, confident and eloquent men dressed in suits and ties who peacefully oversaw how a group…
The price of imported oil and gas
In a recent article published in GeoExpro it is stated that in 2019, a total of 150 billion cubic metres (BCM) of gas was flared on a global basis. That…
The size of small fields tends to be overestimated
Based on an analysis of 40 fields that started production since 2010, Anders Wittemann from Wittemann E&P Consulting (WEPC) concludes that it is predominantly smaller fields that appear on the list…
“We have to get rid” may turn into “We’ve got nothing left”
The Wall Street Journal yesterday dedicated an article to the reality of the energy transition where especially developing countries are investing in fossil fuel projects. As Mr. Teke, chief executive of Seriti Resources, a coal-mining…
The Competent Person’s Report system is ready for review
Last week, we reported on the dwindling reserves and resources of the Lancaster field operated by Hurricane, West of Shetlands. The article generated a lot of interest, and we spoke…