Graham Goffey, Exploration Task Force/Soliton Resources Ltd, and Nick Terrell, Exploration Task Force/ Carbon Catalyst Limited
In the UK’s ambitious net zero regulatory context, exploration can make a positive contribution to energy security, emissions reduction, local employment and revenue and tax generation to facilitate and subsidise future renewables growth.
Kris Piessens, GSB; Gregor Gotzl, GBA; Klaus Hinsby and Jorgen Tulstrup, GEUS; Antje Wittenberg, BGR; Serge Van Gessel and Joop Hasselman, TNO
It is a misconception that abandoning fossil fuels reduces the importance of the subsurface – whilst the use of it will materially change, it continues to play a crucial role in every aspect of human life.
Longboat Energy, the emerging full-cycle North Sea E&P company has announced a material discovery at the Egyptian Vulture exploration well in PL 939, encountering light oil in the primary target in the Lower Cretaceous Intra Lange Formation.
The UK has little to no gas storage capacity and is at risk of becoming overly reliant on renewable energy to keep the lights on this winter, according to John Underhill, a Professor of Geoscience and Energy Transition at Heriot-Watt University.