The Bureau of Land Management announced on April 25 that the US administration under President Biden is removing almost 50% of the 23-million-acre National Petroleum Reserve in Alaska (NPRA) from oil and gas exploration.
The drive for gas development gathers momentum, as increased energy prices spur on investment; conflict and political instability encourage domestic supply priorities; and post-pandemic macro-economic demands counter global warming hysteria
New potential unveiled in the San Joaquin Basin, California (CA) where reprocessed 3D seismic surveys and structural geology provide new oil opportunities in an exploration-mature and prolific oil basin.
In this short editorial, Editor in Chief Iain Brown discusses the need to offer more internships to young petroleum geoscientists engaged in their postgraduate studies or seeking their first industry roles.
Ensemble-based modelling has been delivering value to the E&P industry for over ten years, causing a fundamental re-think of what exactly is needed to more accurately forecast the future behaviour of a reservoir’s performance and enable better decisions to be made on developing and managing the production of hydrocarbon assets.