Latest Opinions


Breaking Dround in the US

By Steve Kent, Chairman, Deep Casing Tools. The US onshore market holds massive potential for ambitious UK-based oil and gas service companies. With more than 900,000 active wells, breaking into this lucrative sector is a huge focus for E&P technology SMEs the world over. Deep Casing Tools is ...

David Stephenson


Posted 5 months agoOpinion > export strategyaberdeen oil and gasexport +1

Breaking the Mould: the Need for New Technology to Expedite and Enhance Current P&A Processes

Over the next decade, 1,400 oil and gas wells are forecast to be abandoned on the UK Continental Shelf, at a cost of around £7 billion; a huge financial burden and an equally huge opportunity for innovation. Plugging and abandonment (P&A) is one element of the decommissioning process which certain ...

David Stephenson


Posted 3 months agoOpinion > Decommissioningplugging and abandonmentDrilling +3

Westwood Insight: Northwest Europe Exploration Drilling – 2017 Results and 2018 Outlook

8th January 2018 A ten year low in oil discoveries in Norway in 2017 doesn't deter an expected increase in drilling in 2018, whilst performance continues to improve in the UK with the focus switching to gas for 2018. In 2017, there was a shift towards high impact exploration drilling in both the U ...

Victoria Roe


Posted 1 year agoOpinion > Northwest Europe2018 Drilling PredictionsNorway +1

Accelerating the pace of digital change in oil and gas

In my opinion there are three types of oil and gas people on the technical side – we'll leave aside the support and commercial types for now: • Geoscientists • Drillers • Engineers Geoscientists were the first to move to digital. It was the 1980s and rather than draw contours with coloured pencils ...

Steve Roberts


Posted 1 year agoOpinion > The Oil & Gas Technology CentreinnovationDigital Transformation

DW Monday: Super Pumas Grounded – Western Europe Heavy Helicopter Supply Scenarios

The fatal helicopter crash in April 2016 near Turøy, Norway, involving the H225 / EC225, has created uncertainty surrounding the future supply of Airbus's heavy aircraft. In spite of the European safety regulator's decision to lift the flight ban on the Super Puma models, the Super Pumas continue to ...

DW Monday


Posted 2 years agoOpinion > DW MondayHelicopters

Brexit impact on the oil and gas industry in the UK

  Few could have predicted the sequence of events triggered by former Prime Minister David Cameron, when in February 2016 he made his announcement on the steps of Downing Street that the Brexit referendum would indeed take place. Irrespective of the way people then voted on June 23 rd 2016, very ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > BrexitUnited Kingdom

The Hydrogen Economy – More Green Mythology

By Euan Mearns The Scottish Government has launched a consultation on their new draft energy strategy and targets (links are top right on the page linked to). The new energy strategy in general terms has four main strands:  A four-fold increase in renewable energy production by 2030. Embrac ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Energy MattersEuan MearnsHydrogen +1

Holed beneath the waterline!

Graham Scotton notes that Quality management decision making is needed for better project outcomes? Oil and gas management needs a step change if the industry is going to prosper in a $50 to $60 world – and perhaps the best way to describe the necessary improvement is ‘more rigour', as well as mo ...

Petromall Insights


Posted 1 year agoOpinion > North SeaProject DeliveryProject Governance +1

Underwater Trainwrecks!

David Bamford writes: Some of you may have already browsed the OGA's five year review of (UKCS) major oil and gas projects. It is a sobering read, chronicling the various mishaps that beset 58 major projects executed between 2011 and 2016. On average: fewer than 25% of projects were delivered o ...

Petromall Insights


Posted 1 year agoOpinion > North SeaDecommissioningMarginal Fields +1

Why we shoulld start decommissioning now

Chris Lloyd comments: If the oil and gas industry starts decommissioning earlier and gets a pipeline of projects together, it will enable it to retain expertise, build up a supply chain and organisational capability – and reduce a future decommissioning bottleneck, says Chris Lloyd At the moment ...

Petromall Insights


Posted 1 year agoOpinion > North SeaDecommissioning

While E&Ps sleep!

David Bamford writes: In a previous article I highlighted what I will refer to as the “Tillerson Paradox” – namely the recognition that oil & gas are likely to remain a dominant component of energy supply for decades to come and yet accepting that carbon emissions (CO2 and CH4) are almost certainly ...

Petromall Insights


Posted 1 year agoOpinion > ClimateMajorsE&Ps

The Business Opportunity in Decommissioning Planning

With the decommissioning projects undertaken so far in the North Sea, many contractors have come out poorly because they did not properly understand the task ahead of them, says Greg Coleman of Petromall. Conversely, there should be business opportunities for companies who can help better plan, or ...

Petromall Insights


Posted 2 years agoOpinion > DecommissioningNorth Sea

The World is Warming and Quickly

Greg Coleman writes: It is clear from the latest update from NASA that 2016 was the warmest year in centuries. Many argue whether it is due to people or natural but the rise is clear. We need to do something about this or the inevitable consequences of rising sea levels, storms infringing on coas ...

Petromall Insights


Posted 2 years agoOpinion > Climate ChangesSatellite Data

Good management is the best way to cut decommissioning costs

Everyone is aware of the spiralling estimates of how much decommissioning will cost – perhaps the best way to solve it can be simply expressed as ‘good management', says Graham Scotton As we keep hearing, the estimates of the costs of decommissioning the North Sea oil and gas infrastructure keep go ...

Petromall Insights


Posted 2 years agoOpinion > DecommissioningNorth Sea

Chrysaor and Enquest buying North Sea assets – two different financial approaches to decommissioning

Greg Coleman comments: In January 2017 there were two big North Sea acquisitions – Enquest buying 25 per cent of BP's Magnus field ($85m) and Chrysaor buying some of Shell North Sea assets ($3.6bn approx.) Both transactions take a different approach to the decommissioning financing – and illustra ...

Petromall Insights


Posted 2 years agoOpinion > North SeaDecommissioningFinancial Impact
Last fetch 2/21/2019 1:06:57 PM