As explorers in Asia Pacific undertake the search for high-cost deepwater-targets, global production levels remain high and oil prices slump. This article investigates the impact on these deepwater projects.
Geology has been used to argue for the rearrangement of maritime borders of states, often to the prejudice of geology as a science. This is especially true in the Arctic, so what impact does this have on potential exploration in the area?
Dr. Stephen Rippington and Chris Anderson, ARKeX Ltd.
The recent opening of the south-east Barents Sea to oil and gas exploration has provided an opportunity to deploy the latest technologies such as full tensor gravity gradiometry to improve efficiency and reduce time to first oil.
With recent offshore gas discoveries reviving interest in the Eastern Mediterranean region, a variety of methodologies can be used to assess potential, including using data from satellites orbiting the earth. Could these reveal the presence of the elusive deeper oil?