Category: Exploration
25 billion barrels to be found
The expected value of remaining recoverable resources on the Norwegian continental shelf is 52 billion barrels oe, according to the Resource Report 20 [...]
Aiming for marginal fields
OKEA has a nimble and low-cost strategy focused on growing its production through 1) exploiting upsides in and around producing fields, 2) developing [...]
Draugen: Infill Ø at TD
Infill Ø reached TD yesterday after having drilled through the Upper Jurassic Rogn Formation.
OKEA wrote this about the drilling before entering th [...]
50 years of exploration on the Dutch Continental Shelf
On 23 October 1969, the L10-1 well was spudded. It was the first well in block L10 on the Dutch Continental Shelf and was drilled by Placid, the origi [...]
Norway: Crustal Onshore-Offshore Project (COOP)
The Geological Survey of Norway (NGU) launched this project in 2010, with 8 sponsors and the objective to improve their knowledge of onshore-offshore [...]
To buy – or to explore?
This choice is driven by several factors, including the company’s exploration performance and appetite for risks and the market trading opportunities [...]
6 out of 8 will present
8 of the applicants in APA 2019 must be regarded as international giants: BP (as a major owner of Aker BP), ConocoPhillips, Eni (as a major owner of V [...]
UKCS: Formalities complete
Jersey Oil and Gas (JOG) received the following acreage in the Greater Buchan Area ("GBA"), adding 119 MMboe net discovered resources:
Licence P2 [...]
33 companies in the race
The authorities have received applications from 33 companies, most of them active on the Norwegian shelf, in the Awards in Predefined Areas (APA) 2019 [...]
UKCS: Strong increase in exploration activity
The exploration activity is thus strongly increasing, and the forecast for the number of exploration wells in 2019 is on a par with 2013-2014. In addi [...]