A Minute to Read: Oil and Gas News from Around the World

Taken from GEO ExPro Volume 15, Issue 2. Focusing on bettering the future in oil & gas.
This article appeared in Vol. 15, No. 2 - 2018


Global Energy Activity


Whether for competitor intelligence, corporate evaluation or in a business development role, an accurate and up-to-date picture of company ownership across E&P assets is essential for O&G companies and the service and financial sectors. But how easy is it to gather and organize this content so it can be used for rapid worldwide querying and analysis?

  • Block card showing Rabat Deep Offshore II Block in Morocco from the Drillinginfo web app.

Drillinginfo has 14 regional scouting teams gathering content from multiple sources. Identifying the local company subsidiaries participating in asset ownership along with % equity for over 23,000 licensed blocks worldwide is a fundamental part of each team’s role. Tracking changes through individual farm-ins, local company deals and name changes, or international corporate transactions is essential in maintaining a current dataset.

All this work comes together in a spatially accurate layer containing 5,900 local companies. These are linked to a set of 3,000 parent companies which are maintained through central tracking and research, providing a common international company name to query on. Organizing the data so consortia and their constituent companies can be queried in the same layer gives the product additional flexibility. International companies are also classified by type – IOC, NOC, Joint Stock Company, Service and Finance – allowing for deeper analysis of changing corporate environments.

Multi-physics Reservoir Characterization

Rock Solid Images (RSI)

Alvarez et al., Interpretation, 6, 2018/RSI. & P (Hydrocarbon Sand Ip, Is) (from Seismic). Geophysical data are widely used in reservoir characterization to determine the sub-surface lithology and fluid properties pre-drill. Such characterization processes must be built on a sound rock physics framework. However, even with the most careful analysis, results based on seismic alone can prove ambiguous. The widespread availability of controlled source electromagnetic (CSEM) data on the Norwegian Continental Shelf adds electrical resistivity to the analysis. Multi-physics approaches, where seismic and CSEM data are interpreted together, can dramatically increase the certainty with which reservoir properties are quantified. During a three-year R&D collaboration with Repsol, RSI have developed a variety of approaches to multi-physics analysis, ranging from integrated interpretation workflows to joint inversion algorithms. These can be deployed in tailored workflows to extract the full value from both seismic and non-seismic datasets.

An example from the Hoop area of the Barents Sea is shown here, where a multi-physics facies classification, calibrated using well log data, was used to de-risk prospects in the area. Only by integrating the seismic and CSEM data can the desired case (commercial oil saturation) be distinguished from the seismic pitfall case (residual gas saturation) and the CSEM pitfall case (resistive lithologies in the sub-surface). The results indicated that only residual hydrocarbon is present and the block was relinquished.

Asia Pacific Revisited: New Ideas, New Opportunities in Exploration

SEAPEX & PESGB: Asia-Pacific E&P Conference at Olympia, London

Coming all the way from Singapore, SEAPEX is collaborating with PESGB to bring you the Asia-Pacific E&P Conference at Olympia, London on June 27–28, 2018. Like the highly successful SEAPEX conference, the event will feature an outstanding technical program with over 30 world-class speakers. The talks focus on future possibilities via new regional perspectives, highlighting exploration successes and opportunities on a country or play basis. Complementing the conference will be an extensive and lively exhibition floor with over 40 booths, including a dedicated farm-out zone.

There will be a wide range of social activities on offer to allow the 300 expected attendees to network, including an exclusive young professionals networking lunch, an ice-breaker reception, the conference evening and an affable pub crawl. A week of accompanying events will also be on offer, including a family-friendly Dorset field trip, an exploratory walk around London’s historical streets and a ‘Petroleum Geology of South East Asia’ course delivered by Ian Longley.

Find out more via our Events Page

The Future of Geoscience and Engineering

EAGE Conference & Exhibition: Copenhagen 2018

Nyhavn, Copenhagen. Photo credit: Jane Whaley, GEO ExPro Editor in Chief. The 80th EAGE Conference and Exhibition, taking place June 11–14 in Copenhagen, Denmark, offers the most cutting-edge, relevant and insightful papers chosen from the largest ever number of submissions received by EAGE. The topics cover geophysics, reservoir engineering, near surface and much more and will be complemented by a selection of fascinating papers on petroleum engineering from the Society of Petroleum Engineers. This will be the most impressive multi-disciplinary technical program ever. Every day will see 16 fascinating parallel oral and 11 e-Poster sessions, meaning that delegates will be able to choose from over 400 hours of talks, discussions and presentations.

This is also a fantastic opportunity to explore the latest technology, innovations and services on offer from over 350 of the most important companies in geoscience, engineering and energy production. At the exhibition you will meet the people behind the products and services that have defined the industry, as well as new companies seeking to pave the way to the future. An excellent opportunity to network with your peers from across the world, this exhibition is not to be missed! You can also learn new skills through intensive short courses and develop your professional profile with six broad-ranging workshops.

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Missed Pay: Key to Future Success in Oil & Gas

NCS Exploration - Recent Discoveries Conference

‘Missed pay’ makes spectacular discoveries! Just think about Alta, Dvalin, Maria, Ivar Aasen and Cara on the Norwegian Continental Shelf (NCS) – all discoveries that were made fairly recently following previous dry wells ‘ages ago’. The secret to success is detailed analyses of data from wells that were poorly sampled, or misinterpreted. In some cases, the presumed dry wells give indications of having drilled through reservoir rocks containing hydrocarbons or the presence of hydrocarbons up-dip. One of the key learnings is therefore that dry wells also need to have a full log-suite, including samples of fluids and pressure tests. These data could one day constitute the basis for a new and surprising discovery.

A special session will be devoted to the topic of missed pay during the NCS Exploration – Recent Discoveries conference, which will be held May 23–24 at the Scandi Fornebu, Oslo, Norway. The session has been convened and will be chaired by Jon Halvard Pedersen, petroleum system analyst at Lundin Norway. The opening talk ‘Oil Shows – a Hitchhiker’s Guide’ will give insight to what shows actually are. Several case studies will be given, which will hopefully encourage curious geologists to take another look at forgotten wells.

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Unconventional Resources Technology

URTeC 2018 Registration

With a new boom in unconventional plays well underway, the timing of a meeting on unconventional resource technology could not be better. Registration is now open with early bird pricing for the sixth Unconventional Resources Technology Conference, to be held at the George R. Brown Convention Center, July 23–25 in Houston. After the incredible success of the 2017 conference, URTeC 2018 looks to push the boundaries and continue as the premier event focused on the latest science and technology applied to exploration, appraisal, analysis, and development of unconventional resources.

URTeC unites the disciplines by bringing the entire asset team together under one roof, concentrating on all things unconventional. URTeC is comprised of three sponsoring organizations: Society of Petroleum Engineers, American Association of Petroleum Geologists, and Society of Exploration Geophysicists plus nine endorsing organizations: American Rock Mechanics Association, American Institute of Chemical Engineers, Association for Iron and Steel Technology, American Society of Civil Engineers, American Society of Mechanical Engineers, Society for Mining, Metallurgy and Exploration, Society of Petroleum Evaluation Engineers, Society of Petrophysicists and Well Log Analysts, and the Minerals, and Metals and Materials Society. This multi-society collaborative platform brings depth to the technical base of the conference, providing cross-discipline information and innovation exchanges that sustain and propel the industry’s ongoing success.

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Globe: Earth’s Evolution Unlocked for Better Exploration

Getech Group

Geoscientists working within oil and gas exploration and new ventures groups know that the judgements they make can have wide ranging repercussions. The pressure to make the right decisions means that all companies are looking for new, innovative ways of gaining a competitive edge. To meet this demand, the natural resource exploration experts at the Getech Group developed Globe; a product that delivers a unique view of the Earth’s evolution over time and provides new insights into petroleum development in the world’s oil and gas basins.

Globe is a comprehensive geoscience knowledge-base that provides petroleum geoscientists with a thoroughExplorationunderstanding of the evolution of their area of interest and enables them to better understand the factors controlling hydrocarbon formation and preservation. By evaluating basins within a regional context and not simply in isolation, Globe delivers novel and distinctive insights into both emerging areas and the most explored basins of the world.

Importantly, Getech has understood that ease-of-use is also key to the successful deployment of any system, so Globe is delivered on Esri’s industry-leading ArcGIS technology. Using this fully-featured and familiar GIS environment means that Globe is as simple to access as it is beneficial to use.

Exploration Opportunities in Africa - 17th Annual Africa Conference


The 17th Annual Africa Conference convened by the Houston Geological Society and the Petroleum Exploration Society of Great Britain will be held September 12–13, 2018 at the Norris Conference Centre, Houston. The program’s theme ‘Big Continent, Big Ideas and Big Opportunities’ covers technical presentations on the petroleum opportunities highlighted by the recent discoveries in West Africa along the transform margin, salt basins and emerging areas of the Senegal and Mauritanian margins, as well as continued exploration in East Africa offshore and new play ideas on onshore rift basins. New play concepts/ideas in mature offshore areas of Libya and Egypt and the latest trends in the carbonate reefs similar to the Zohr discovery will also be discussed. The meeting will feature sessions on post-appraisal of discoveries in the past decade, highlighting initial estimates of major discoveries compared to ultimate field production. There will be panel discussions on Exploration in Africa – Past, Present and Future; Keys to Exploration Success; and Disaster Avoidance, all featuring senior management from major African players.

The program includes a seismic showcase where data from across Africa will be on display and there will be a series of expert mini-workshops focused on key ideas and exploration concepts in Africa. 

Find out more via our Events Page


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