Resources Archives - Page 2 of 7

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…

Ted Cross - Novi Labs

March 15, 2024

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 opportunity to put things into some perspective. First of all,…

Henk Kombrink

January 19, 2024

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…

Ronny Setså

January 16, 2024

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…

Henk Kombrink

February 3, 2023

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…

Thomas Davis

December 5, 2022

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 has risen four-fold in a decade – from 5.4 GW…

John Underhill

June 1, 2022

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…

Henk Kombrink

May 2, 2022

“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…

Henk Kombrink

March 3, 2022

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% of the increase was gas! Given the tensions further east,…

Henk Kombrink

February 23, 2022

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 in the Barents Sea has been adjusted downwards. Nevertheless, the…

Halfdan Carstens

February 18, 2022

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…

Henk Kombrink

January 17, 2022

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 North Sea operations in the 1970’s, when the big fields…

Henk Kombrink

November 4, 2021

The global energy sector from a subsurface perspective

Resources

The vast brushlands of West Texas and New Mexico hold a miracle

The future lies in low-perm reservoirs – not only in the desert but possibly in deep-water too

Lots of activity but limited resource growth

Three small countries with little gas left

Myanmar oil and gas exploration, delayed but not forgotten

The need for joined-up thinking to optimise use of the North Sea to achieve net zero targets

Poland’s long-term gas strategy pays off

“The European gas market is broken”

How long could Europe survive on Norwegian gas alone?

Barents Sea undiscovered resource estimates are misleading

Glengorm may still be viable as a tie-back option

BBC oil documentary highlights concerns, but needs more perspective

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