Technology

“TopSeis – a worthy winner”

In a fierce competition with Deep Blue and EarthNET developed by EMGS and Earth Science Analytics, respectively, Lundin and CGG finally pulled the longest straw and was declared the winner…

An urgent challenge!

“It is generally agreed that the NCS holds billions of barrels yet to be discovered. However, as an industry we are finding those barrels at an ever-slower pace”, says Erling…

The Technology Enigma

There is no silver bullet, says Graeme Bagley, Head of Global Exploration and Appraisal with Westwood Global Energy. Therefore, he continues, factors that impact exploration performance include 1) maturity of…

Technology is not (!) key to success

The petroleum geoscience community has not improved their ability to predict the outcome of exploration drilling, according to Stig-Morten Knutsen, Assistant Director, Norwegian Petroleum Directorate. At NCS Exploration May 21-22,…

Three finalists have been selected

The Exploration Innovation Prize is awarded to a license group, company, team or person who during the last couple of years have given a courageous and innovative technological contribution in…

Integration is key

In the 1990’s 50% of discoveries were less than 30mboe on the Norwegian continental shelf. By the 2010’s 50% were less than 19mmboe. Over the same period, technical success rates…

Using AI and ML in exploration

Earth Science Analytics has been selected as one of nine candidates for the Exploration Innovation Prize that will be awarded at this year’s NCS Exploration conference: Recent Advances in Exploration…