Jun 26 2018 | News & Insight Westwood Insight
Situated near the Rocky Mountains in northern Colorado is the Denver-Julesburg Basin. Operators in the basin are focusing in and around Weld county, targeting the Niobrara and Codell formations. While the Permian steals headlines, many operators in the D-J are seeing improved economics with longer laterals, enhanced completions, and improved well performance. Source: Energent Since […]
More »Jun 25 2018 | Westwood Insight
Hosting the World Cup finals was always going to be a challenging and expensive endeavour for Qatar. When the finals begin in November 2022, the country will have invested more than $100 billion on infrastructure projects, ranging from power to stadia to sewage, and many others.
More »May 29 2018 | Westwood Insight
Autonomous Underwater Vehicles (“AUVs”) are nothing new. They have been with us, in one guise or another, since the 1950’s. Differing from their more complex family members, the Remotely Operated Vehicle (“ROV”), they glide quicker through the water without the need to be tethered to a host vessel by an umbilical.
More »May 14 2018 | Westwood Insight
Analysis of Riglogix data shows that recently jackup day rates around the world had risen to slightly above operating costs, allowing rig owners to finally make a little profit. That trend may not continue in all regions.
More »May 9 2018 | Westwood Insight
Westwood Global Energy Group has released its ninth annual State of Exploration Report, the definitive report covering global conventional oil and gas exploration.
More »May 2 2018 | Westwood Insight
The industry is planning to drill out 3.7 billion boe of prospective resources in 16 high impact wells in 2018 in the UK and Norway. Westwood has reviewed the drilling programme for wells targeting resources >100 mmbbl of oil or 1 tcf of gas, to assess the potential for a game changing discovery in 2018.
More »Apr 16 2018 | Westwood Insight
E&P companies have cut costs as much as they can, have stabilized financially and can now make a profit at above US$45 per barrel from their producing assets. Proving they can grow production whilst retaining cost discipline is the next challenge.
More »Mar 27 2018 | Westwood Insight
The capital cycle for oil and gas is in full swing as pressure pumpers, logistics, and manufacturers deploy capital for new and refurbished equipment. Oil prices are supporting the oilfield service expansion as E&Ps find innovative ways to reduce well completion costs by directly sourcing frac sand, chemicals, trucking, and logistics.
More »Mar 19 2018 | Westwood Insight
19th March 2018 The play opening billion-barrel Jubilee oil discovery in Ghana in 2007 triggered a decade of exploration drilling chasing analogues in the deep water Central Atlantic margins, from Mauritania to Cameroon in West Africa margin and from Guyana to NE Brazil in South America (Figure 1). Many were enticed into the play but the […]
More »Mar 7 2018 | Westwood Insight
7th March 2018 FLNG projects require significant capital investments, thus access to financing is a critical contributor to project sanctioning and success. Despite the FLNG liquefaction concept having been around for decades, only three units are in the water and operational or under commissioning as of 2018. Petronas and Shell, with a wealth of knowledge and […]
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