The Barents Sea is gas prone!

– “Survival of the fittest”, as stated by Charles Darwin, may mean that those still curiuous, willing to learn and adjust to changing information and conditions will do well, Geir Lunde says, Managing Director of Concedo.

Prospects downflank?

At the forthcoming Hydrocarbon Habitat seminar next week (April 5 in Oslo, April 7 in Stavanger) he will elaborate from his learning points after drilling the Darwin prospect on the Veslemøy High.
Tor Åkermoen of MCG sees no reason to abandon the high. Based on their own seismic interpretation he believes that additional prospects are located downflank on the structural highs, rather than on the flank.
Has Concedo looked into this?
Åkermoen will also mention the mid- Eocene, where reservoir sand has been proved by wells further to the west, as another untested but promising play type in the Veslemøy High area.

Lunde will also touch upon the discovery of 130 meter of Turonian, immature source rock. We will then ask the source rock specialists (Dag Karlsen and Torbjørn Throndsen) how this affect the petroleum system in this part of the Barents Sea. Åkermoen does, however, believe that the Truonian source rocks can genereate hydrocarbons in the Veslemøy High area.

Conductive targets should not be drilled!

Lunde also has a provocative statement about CSEM-data that “was not useful at all”. Stein Fanavoll of EMGS will certainly not agree. Fanavoll’s conclusion goes as follows: “Given the success rate for EM in the Barents Sea, it is quite obvious that resistivity is a parameter that should be used in the decision process“.
And he goes on saying that “the success rate of drilling non-resistive targets in the area is equal to zero“.

Don’t be shy

Do as Geir Lunde says: Do well by being curious. Join us for next week’s Hydrocarbon Habitat seminars.
… and drinks in the bar
A one-time opportunity (actually two, one in Oslo, one in Stavanger)!