News & InsightsReports
State of Exploration 2021
This is the twelfth edition of the State of Exploration report and it is published at a time which may come to be seen as a watershed moment in the global energy industry.
State of Exploration Farm-Outs Report
Exploration performance from farm-out wells is at a five-year high, with a 38% commercial success rate driven by improved performance in maturing/mature play wells across NW Europe.
Uncategorized
Progressing resources to reserves – why are so many projects stalled?
This report reviews high impact discoveries made between 2008-2016 in 30 countries, which have neither been sanctioned for development nor had any appraisal activity since 2016.
News & InsightsReports
North Sea Exploration Performance 2015 – 2019
This report analyses the results of the 124 exploration wells drilled in the 2015 - 2019 period in the UK and Norway Central and Northern North Sea basins, as well as the results to date for 2020 and the outlook for the next 18 months.
News & InsightsReports
State of Exploration 2020
This is the eleventh edition of the State of Exploration report and it comes at a particularly difficult time. The report covers 2015-2019, the five-year period after the 2014 price crash through to 2019 when confidence was returning, drilling activity was increasing, and performance was improving on the back frontier success made over the last 10 years It was not to last.
Reports
Clastic Stratigraphic Traps – What has Driven Exploration Performance?
More oil and gas was discovered in stratigraphic traps than any other trap type in the last decade. Excelling in stratigraphic trap exploration is now key to top quartile exploration performance.
Reports
The Impact of DHIs on Exploration Performance
Westwood has investigated success rates for exploration wells which targeted the five direct hydrocarbon indicators (DHIs) most commonly reported by companies pre-drill.
Reports
The State of Exploration 2019
Westwood Energy 2019 State of Exploration Report Available Now Westwood Global Energy Group has released...
Reports
Exploration Technology and Exploration Performance Offshore Norway
About this report In 2018 Westwood was commissioned by the Norwegian Petroleum Directorate (NPD) to...
