Category: Resources

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The size of small fields tends to be overestimated

The size of small fields tends to be overestimated

Based on an analysis of 40 fields that started production since 2010, Anders Wittemann from Wittemann E&P Consulting (WEPC) concludes that it is p [...]
Geothermal energy is a utility, not a commodity

Geothermal energy is a utility, not a commodity

Whether or not an oil or gas development makes money is highly dependent on the oil or gas price. If the price is favourable, an oil or gas project ca [...]
“We have to get rid” may turn into “We’ve got nothing left” 

“We have to get rid” may turn into “We’ve got nothing left” 

The Wall Street Journal yesterday dedicated an article to the reality of the energy transition where especially developing countries are investing in [...]
The Competent Person’s Report system is ready for review

The Competent Person’s Report system is ready for review

Last week, we reported on the dwindling reserves and resources of the Lancaster field operated by Hurricane, West of Shetlands. The article generated [...]
From Super Basin to Super Store

From Super Basin to Super Store

The North Sea is gradually evolving from a petroleum basin to a broad energy hub. [...]
UK – Coal back in the spotlight

UK – Coal back in the spotlight

Government approves construction of controversial coal mine. [...]
Decline of gas production in the Netherlands much larger than increase in renewable energy

Decline of gas production in the Netherlands much larger than increase in renewable energy

The energy transition is not a choice, it is a must, provided that countries such as the Netherlands want to keep a certain amount of autonomy over en [...]
Significant uplift in Buchan oil field contingent resource estimates

Significant uplift in Buchan oil field contingent resource estimates

Jersey Oil & Gas, an independent upstream oil and gas company ‎focused on the UKCS, has announced a significant increase in 2C contingent resource [...]

Lundin Energy announces resource increase

Lundin Energy’s 2P reserves as at 31 December 2020 are 670.9 MMboe and reflect a positive revision of 39.3 MMboe. The 3P reserves as at 31 December 20 [...]
NCS exploration delivers good results

NCS exploration delivers good results

The NCS Exploration Strategy 2020 conference took place in November with presentations by oil companies on their strategies and plans. In addition, bo [...]
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