Exploration
Article
March 2021
“… keeping the world at a safe temperature”
News
March 24, 2021
Preliminary estimates place the size of the discovery in the Fram prospects between 12 and 19 million standard cubic meters of recoverable oil equivalent, corresponding to 75-120 million barrels of recoverable oil equivalent.
News
March 16, 2021
Sercel and Kappa Offshore Solutions introduced PIKSEL, a compact marine seismic solution specially designed for acquiring seismic data for high-resolution 3D imaging of targeted offshore areas.
News
March 15, 2021
Pemex is under pressure to prove that the company is increasing production under the government of President Andres Manuel Lopez Obrador, who swept into power in late 2018, promising to revive it by rolling back the liberalizing energy reforms of his predecessor.
News
March 10, 2021
The work for Petronas Suriname is being conducted from the survey vessel MV Fugro Brasilis and involves geophysical data collection, heat flow measurements, core sampling and onboard geochemical analyses, which aim to optimize future exploration activities in this frontier area.
News
March 10, 2021
Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production license 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic meters of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil.
Article
February 2021
U.S. proved reserves effectively unchanged
Article
February 2021
Four recent case studies document how an advanced seismic inversion workflow, which integrates geoscience data, enables operators to enhance their reservoir characterization interpretation.
News
February 11, 2021
Energean sees potential to find about 110 billion cubic meters of gas that it could sell over the next 10-20 years, doubling the company's current reserves in Israel.
News
February 10, 2021
Cosmo will invest as much as $145 million in the exploration phase at Offshore Block 4, government-owned ADNOC said Wednesday in a statement. Abu Dhabi holds most of the oil in the United Arab Emirates, the third-largest producer in OPEC.
Article
January 2021
What! Me worry? (A.E. Neuman)
News
January 19, 2021
“This year’s award of 61 new production licenses to as many as 30 companies shows that the petroleum industry still has significant expectations of making profitable discoveries on the Norwegian Shelf,” said Kalmar Ildstad, director of license management in the Norwegian Petroleum Directorate.
News
January 14, 2021
Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi.
News
January 01, 2021
This deal, plus more to be announced, target drilling 23 wells in nine regions in the Mediterranean and three regions in the Red Sea, with a minimum total investment seen at $1.4 billion.
News
December 03, 2020
"The funding will help maintain the project in warm suspension during 2021 and hopefully position it for a full restart in 2022 and the path to first oil," Newfoundland and Labrador Oil and Gas Industries Association CEO Charlene Johnson said in a statement.
Article
November 2020
To drill or not to drill, that is the question!
Article
October 2020
Part 1: Current challenges to unlock Brazilian oil and gas potential are huge, but as long as the government provides the right incentives, this time the long-awaited future may become a reality.
Article
October 2020
Effective reservoir management requires combining multiple engineering/geoscience disciplines to identify improvement opportunities. To optimize analysis, an AI-powered management platform was developed that delivers faster, more accurate results to maximize asset value.
Article
September 2020
Exploration is near zero, not just because of demand
Article
July 2020
Which way next: 90, 270, 360 or 180?
Article
May 2020
Exploration sunset?
