"Oil is found in the minds of men"The Korpfjell structrue in the Barents Sea will be drilled this summer. In the upcoming NCS Exploration conference in May we will learn more about de-risking of the prospect. Illustration from GEO 05/2016.The Korpfjell structrue in the Barents Sea will be drilled this summer. In the upcoming NCS Exploration conference in May we will learn more about de-risking of the prospect. Illustration from GEO 05/2016.

"Oil is found in the minds of men"

Dry wells and technical discoveries perdominate. Exploration performance needs to be improved! Let's look at some real cases!

The success factor is high. Out of 28 exploration wells drilled last year, 18 found oil and/or gas.
However, the volumes were low. Accumulated resources from the largest discoveries were only between 113 and 275MMboe. This compares with 1450MMboe produced in 2016 (GEO 01/2018; «Små, men lønnsomme funn«).
These facts form the background for NCS Exploration 2017, RECENT ADVANCES IN EXPLORATION TECHNOLOGY/DE-RISIKING GONE WRONG?, May 10-11, at Fornebu outside Oslo. Case studies will be at the forefront.
Programme.
Register.
Session 1:
Exploration performance as seen from the authorities
Highlights: NPD and OGA
Session 2:
The geophysical toolbox
Chaired and convened by Erik Ødegård, Statoil ASA
Session 3:
The geochemical toolbox
Chaired and convened by Daniel Stoddart, GeoEight AS

The toolbox:
PANEL/PLENARY DISCUSSION

Session 4:
De-risking from the inside
Learnings from the past: oil company perspectives
Session 5:
Case studies
– Learning from de-risking in practice:
Contributions from service companies
Session 6:
Case studies
– Learning from de-risking in practice:
Contributions from oil companies

Learnings from the past:
PANEL/PLENARY DISCUSSION

 

COMMENTS

WORDPRESS: 3
  • comment-avatar
    Tore Husmo 4 år ago

    I always thought the correct quote was
    «Oil is FIRST found in the minds of men..»

  • comment-avatar

    Det er godt mulig jeg tar feil, men har ikke originalkilden.

  • comment-avatar
    Jørnar Hubred 9 måneder ago

    Wallace Everette Pratt, one of the founders of AAPG, “Where oil is first found is in the minds of men.”

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