Author: Halfdan Carstens

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More gas in the Barents Sea

More gas in the Barents Sea

The well's primary exploration target was to prove oil in reservoir rocks from the Late Triassic Age (upper part of the Snadd formation). The secon [...]
Committed to the north

Committed to the north

"Now we need to be awarded licenses, but we are optimistic!” says Arnt-Eirik Rørnes, Exploration Manager in RN Nordic Oil. RN Nordic Oil is Rosneft [...]
500MMboe in 2018

500MMboe in 2018

Altogether 13 discoveries were made on the NCS last year. In total they proved a minimum of 240MMboe and a maximum of 720MMboe, according to NPD press [...]
“Stay on the Technology path!”

“Stay on the Technology path!”

“We will have to cover large parts of the North Sea one more time, and that will take several years,” Bjarte Bruheim, Executive Chairman of Axxis Geo [...]
No reservoir, no oil

No reservoir, no oil

Both targets in 6307/1-1 S in the Froan Basin were water-bearing. Before drilling, Lundin claimed a discovery may contain 193MMboe in untested Permian [...]
From shows to commercial discovery

From shows to commercial discovery

The regional line shown below transects the Ryggsteinen Ridge on the Horda Platform in the prolific northern North Sea oil and gas province. While the [...]
Another bad year!

Another bad year!

Only some 9 Bboe have been found worldwide this year. This is about the same as in 2016 and 2017 (8.3 and 7.5 Bboe, respectively), but significantly l [...]
Prime example of “missed pay”

Prime example of “missed pay”

In 1984, Mobil Exploration Norway, at that time operator of the Statfjord field, drilled what was deemed to be a dry well. Located only 25 km north [...]
0.7 dollar per barrel

0.7 dollar per barrel

The finding cost of 0.7 USD/boe was published in conjunction with Lundins corporate presentation in October. This is in comparison to acquisitions [...]
Equinor verifies discovery

Equinor verifies discovery

"The appraisal well confirms a new play on the Nordland Ridge in the Norwegian Sea,” says Nick Ashton, Equinor’s senior vice president, Exploration, N [...]
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