Issue 6

This edition of GEO ExPro magazine focuses on North West Europe; Frontier Exploration; Seismic Imaging; and Managing Risk in E&P.

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Columns

5 Editorial

6 Regional Update

8 Licensing Update

10 A Minute to Read

34 History of Oil: Newark East Barnett – Shale’s Spindletop

58 GEO Cities: Great Yarmouth – An Unlikely E&P Hub

70 GEO Media: Geological Storage of CO2

72 Exploration Update

74 Q&A: Women in the Energy Sector

76 Global Resource Management

Features

14 Cover Story GEO Tourism: Faroe Islands – Europe’s Best Kept Secret

20 Seismic Foldout: Brazil is Back in the Game

26 GEO Physics: Imaging Shallow Reservoirs Through Innovation

30 Technology Explained: 3D Printing – A Dip Into an Evolving Technology

38 Industry Issues: Potential Risks from Outdated Technology

42 Seismic Foldout: The East Shetland Platform

48 Recent Advances in Technology: An Introduction to Deep Learning – Part II

52 Exploration: Insights into Exploration – Tools for a New Era

60 Industry Issues: Managing Funding Risks in E&P

64 Seismic Foldout: Exploring West of Shetland

Articles

A Century of Geoscience Publishing

The important adaptation of digital publishing for oil and gas. In 2017 the American Association of Petroleum Geologists celebrated 100 years as a respected independent publisher of geoscience articles, all Read More

Licensing Update – Exploration in Oman

Sultanate of Oman concession boundaries. There are currently over 10 open blocks that will be tendered in Oman over the next few years, providing some excellent exploration opportunities. In the Read More

New Hydrocarbon Prospectivity in Brazil

Polarcus brings clarity to the seismic imaging of the pre-salt geology in the Santos Basin. On Friday 27 of October, the results of the 2nd and 3rd Production Sharing Round Read More

Geoscience in a Worldwide Climate Change Initiative

Homeward Bound: the largest-ever all female expedition to Antarctica. Climate Change & Gender Equality Paola at “Antarctica for the Brave” workshop in Antioquia, Colombia. Homeward Bound is an Australian initiative Read More

Exploring West of Shetland: the northern Flett Sub-Basin

Prospectively in the West of Shetland region Prospectivity redefined with recent 3D seismic in this underexplored region. Since 1972, 151 exploration wells have been drilled West of Shetland and discoveries Read More

Managing Funding Risks in E&P

Do you know the best way to secure funding for your company? Whether you work for a private or public company, large or small, and whether you are concerned with Read More

Part II: An Introduction to Deep Learning

“We need to go deeper.” Leonardo DiCaprio, in the film Inception (2010). Don’t miss out on Part I! An Introduction to Deep Learning: Part I AI was once science fiction, Read More

The East Shetland Platform

The East Shetland Platform: illuminating sub-BCU New 3D data allows the true geological story of the Palaeozoic of the East Shetland Basin to be unravelled. Due to the limitations of Read More

Exploration Update – Uruguay

2m oil-saturated sand marks the first technical discovery in the country. Hopes that Uruguay had made its first oil discovery were dashed when Australian operator, Petrel Energy, which has a Read More

Exploration Update – Netherlands

Significant discovery and appraisal in The Netherlands with 24m net interval of high permeability sands in the Permian Lower Rotliegendes. Hansa Hydrocarbons confirmed on 26 September 2017 that its new Read More

TopSeis: Imaging Shallow Reservoirs through Innovation

The radically new solution for seismic acquisition and imaging. “Good things can come out of a downturn, despite what you might expect. Sometimes it can encourage creative sparks that help Read More

North West Europe: Attractive Investment Arena

With a wide array of commercially robust projects in North West Europe, do expectations suggest a new development boom? This regional update is brought to you by Rystad Energy. Oil Read More

Showcasing Women in the Energy Sector

Director of POWERful Women explains the importance of diverse teams in delivering the best decisions. “Diverse teams deliver the best decisions,” explains Beverley Smith, Director of POWERful Women, an organisation Read More

Newark East Barnett – Shale’s Spindletop

The Barnett Shale gas discovery, like ‘Spindletop’ nearly 100 years prior, changed an industry by unlocking huge new volumes of oil and gas, this time from shales. A unique formation, Read More

Licensing Update – Sierra Leone

Opportunities on the West African Transform Margin; Sierra Leone Fourth Licensing Round Announced Since the discovery of the giant Jubilee oil field off Ghana in 2007, interest in the transform Read More

Faroe Islands – Europe’s Best Kept Secret

An under-explored wonder, tucked far away in the middle of nowhere in the North Atlantic Ocean. Far away in the middle of nowhere in the North Atlantic Ocean you find Read More

How Much Oil?

World oil output continues to increase – but if we experience a decline next year, it might be a consequence of lack of investments since 2014. “The energy transition is Read More

Geological Storage of CO2 in Deep Saline Formations

A summary of this new book from Volume 29 in Theory and Applications of Transport in Porous Media. “This book is more comprehensive and better balanced than preceding books on Read More

3D Printing – A Dip Into an Evolving Technology

Discover the latest developments in 3D printing techniques; from medical research to geological analysis. “The whole nature of trade, the whole nature of supply chain, changes fundamentally. I do not Read More

Exploration Update – Grenada

In late October 2017 Grenada’s Prime Minister, Keith Mitchell, cautiously confirmed the country’s first discovery, saying that Global Petroleum Group (GPG) found indications of natural gas while drilling the Nutmeg Read More

Progress in North Sea Collaboration

How ongoing collaboration and innovation will breathe new life in to one of the largest oil and gas provinces in the world. As one of the largest and most challenging Read More

Deepwater Renaissance

Deeper pockets – deeper drilling Jane Whaley “About a year ago I heard a representative from one of the supermajors confidently asserting that they had refined their deepwater drilling through Read More

Great Yarmouth: An Unlikely E&P Hub

Tucked away about as far to the east as you can get in the UK is a small fishing town that for over 50 years has played an important role Read More

Insights into Exploration – Tools for a New Era

Streamlining the process of exploration to provide a better understanding of geological risk for frontier plays. Despite a protracted low oil price, the number and geographical distribution of wildcat exploration Read More

Potential Risks from Outdated Technology

Embrace modern technologies to assure organisational and operational security. Anyone who has been in the oil and gas sector for the last 20 years or so has seen vast improvements Read More

Exploration Update – Guyana

ExxonMobil announce fifth discovery offshore Guyana. ExxonMobil announced on 5 October 2017 that it had made its fifth discovery offshore Guyana with the Turbot-1 new field wildcat. Located in the Read More

The global energy sector from a subsurface perspective