Author: Halfdan Carstens

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High discovery rate, but small volumes

High discovery rate, but small volumes

“So far, 19 exploration wells have been completed this year. Out of these, 6 are discoveries, which corresponds to a finding rate of 32%, and all are [...]
US in the lead

US in the lead

The United States currently holds 293 billion barrels of recoverable oil resources. This is 20 billion barrels more than Saudi Arabia and almost 10 [...]
First licence for Mime Petroleum

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 Ringho [...]
“TopSeis – a worthy winner”

“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 lon [...]
Honorary Award for GeoStreamer

Honorary Award for GeoStreamer

“It is an honor for me to receive this Honorary Award on behalf of PGS”, Rune Olav Pedersen, CEO in PGS, said at NCS Exploration 2019. The prestigi [...]
Lessons to be learned

Lessons to be learned

"The Maria field in the Norwegian Sea has underperformed", reports Joe Killen, analyst with Westwood Global Energy. It came onstream a year ahead o [...]
UKCS: Found oil close to Rosebank

UKCS: Found oil close to Rosebank

Siccar Point Energy has completed drilling the Blackrock exploration well 204/5b-2 in the West of Shetland. The target of the well was the intravol [...]
OGA has launched a technology portal

OGA has launched a technology portal

The portal is based on information provided by operators through the OGA’s Stewardship Survey and other sources. It enables operators to access inf [...]
The World Needs More Energy

The World Needs More Energy

In their Energy Outlook, issued every year, BP looks at the broad forces shaping the energy. This year BP highlights two key issues. Firstly, th [...]
An urgent challenge!

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-s [...]
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