North Sea

A courageous experiment

There was a total of 17 discoveries made from 57 exploration wells drilled on NCS in 2019, with the mature North Sea yielding 10 finds, according to NPD (The Shelf…

Firm wells to watch

Expronews dig into the work program at APA 2019 and look closer at the wells the new production licenses are commited to drill.

Offers given in APA 2019

[UPDATED with comments from the Seismic industry] The new petroleum and energy minister of Norway, Sylvi Listhaug, announced today the results of the evaluation of the applications from 33 companies…

Day 2 of #DIGEX 2020

Day 2 of #DIGEX2020 will focus on how to implement Data science, together with several case studies from the industry. There are four sessions to learn from this day. The…

Growing demand for seismic

The industry demand for marine 4D seismic surveys is steadily growing. Shearwater GeoServices Holding AS announced in a press release today that their fleet has increased sevenfold in just a…

Searching for 1 $ barrels

The new major on NCS Vår Energi has a goal of 10 -15 exploration wells per year. Their priority is near-field exploration with a target of 1 $ finding cost…

NCS: Best year since 2011

The industry now seems to recognize the high value discoveries, i.e. smaller discoveries near existing fields that can rapidly be put into production at low cost. The success rate for…

First licence for Mime Petroleum

The agreement provides Mime with a 10 percent ownership interest in the Balder and Ringhorne fields and a 7.4 percent ownership interest in the Ringhorne Øst Unit. The acquisition is…

Two dry holes near Hod field

The NPD announced that operator Aker BP has concluded drilling appraisal well 2/11-12S and wildcat 2/11-12A in PL 033. The wells were drilled 1,5km southwest of the Hod field in…