The current challenges for the UK and Norway in the face of COVID-19
With Brent trading well below US$30/bbl the resilience of the oil & gas sector is once again being pushed to its limit. What does this mean for the UK and Norway upstream sectors?
Why excelling in stratigraphic trap exploration is now the key to top quartile performance
More oil and gas were discovered in stratigraphic traps than any other trap type in the last decade. Excelling in stratigraphic trap exploration is now the key to top quartile exploration performance.
Reports
Clastic Stratigraphic Traps – What has Driven 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 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.
White Paper – A new wave of NOC international exploration investment
White paper – “Qatar Petroleum leads a new wave of NOC investment in exploration” Released...
News & Insights
Outside mature plays, explorers need to find more than 200 mmboe for deepwater standalone oil developments
The minimum commercial field size (MCFS) for deepwater standalone oil developments since 2007 has been...
News & Insights
Qatar Petroleum leads a new wave of NOC investment in international exploration
In the 2000’s national oil companies (NOCs) investing abroad were viewed as new competition to...
News & Insights
2019 high impact discoveries already exceed whole of 2018, but it’s back to gas
High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed,...
News & Insights
New entrant E&P companies are key to the future of the UKCS, but they need to step up investment in new production
A new study by Westwood Global Energy Group shows that new entrant E&P companies to...
