All Posts from David Bamford


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Don't hold your breath!

A couple of weeks ago I decided not to renew, after 2 or 3 years, my subscription to the New Scientist , the weekly magazine with a broad science and technology scope. Why did I do that? Well, I was dis-enchanted with their Guardian-esque, left-leaning views, the focus on R&D and innovation from a ...

David Bamford


Posted 2 years agoOpinion > Renewable EnergyFossil FuelsAl Gore

Continuing need for joined-up thinking in the North Sea!

Our 23rd June 2017 Finding Petroleum Decommissioning Forum illustrated how the decommissioning industry in the UK North Sea is moving into a new gear - applying onshore decommissioning experience to offshore projects, improving the information flows, removing obstructions to business transactions (s ...

David Bamford


Posted 2 years agoOpinion > North SeaDecommissioningMarginal Discoveries +1

A sort of AI Quiz!

“Why driverless cars might not hit the road so fast” is an article on LinkedIn by Scott Nyquist who is a Senior Partner at McKinsey & Company: we are both on the Advisory Board at Kimmeridge Energy LLC.   I guess you can only access it if you are registered on LinkedIn but basically he is predicti ...

David Bamford


Posted 2 years agoOpinion > Autonomous Vehicles

Fractured resources, fractured hopes!

Earlier this year I was preparing a Finding Petroleum event on the Middle East (it eventually happened on May 16th) with Kurdistan a strong theme, some context being provided by Gulf Keystone Petroleum's financial restructuring, Genel Energy's  reserves downgrading, and lesser incidents with oth ...

David Bamford


Posted 2 years agoOpinion > KurdistanCarbonateReserves

The Good, the Bad and the Ugly!

During my 20+ years at Beyond Prudence there were several people who helped me think about my career, what I wanted to do, what I wanted to achieve, how to do it. For example, I recall that Peter O'Brien, David Jenkins, Peter Hill, Chris Wright, John Browne, Rodney Chase, David Pritchard were all ve ...

David Bamford


Posted 2 years agoOpinion > PeopleActive Career ManagementCost cutting

New life for the North Sea!

Conventional petroleum provinces in the North Sea range from mature to very mature, and thus it seems that future will be defined in terms of  “marginal discoveries” - the OGA estimates that there are already  ~350 unsanctioned discoveries in the UKCS – and possibly shale oil/gas, with the intriguin ...

David Bamford


Posted 2 years agoOpinion > North SeaMarginal DiscoveriesUK Shale +1

The case for East Africa

East Africa still seems relatively unloved as a petroleum province and yet it has a number of positive aspects: There is a regional entity, the East African Community , which draws together Kenya, Uganda, and Tanzania (but not Mocambique). There is a declared ambition to bring energy to the comb ...

David Bamford


Posted 2 years agoOpinion > East AfricaDIT

Joined-up thinking about the North Sea?

There seems to be a lot of thought going into the issue of Decommissioning in the North Sea, with companies perhaps beginning to realise that the traditional approach – to take a ‘finger in the air' estimate of the potential costs to put into their accounts and then breathe a sigh of relief when the ...

David Bamford


Posted 2 years agoOpinion > North SeaDecommissioningMarginal Discoveries +2

In praise of seeps?

I knew from early in my time at BP that the previous generation of explorers had used surface seeps to locate oil reservoirs in the Middle East – find a surface seep in the middle of a map-able anticline…….. Then when I was involved in BP's Gulf of Mexico exploration, I understood that you could se ...

David Bamford


Posted 2 years agoOpinion > SeepsGeophysicsSatellite Data +2

Give us a Carbon Tax!

It seems like the Majors (and some of their NOC friends) are aligned in appealing for a Carbon Tax, specifically a tax on carbon emissions from oil & gas operations. The cynics amongst you might question the motives of the folk appealing for this – does it ‘knife' a significant number of competitor ...

David Bamford


Posted 2 years agoOpinion > Carbon TaxShellPremier Oil +1

Take Unconventionals Offshore!

Conventional petroleum provinces in NW Europe range from mature to very mature, and thus it seems that future will be defined in terms of shale oil/gas and “marginal discoveries” (the OGA estimates that there are ~350 unsanctioned discoveries in the UKCS). However, let me introduce to you the intri ...

David Bamford


Posted 2 years agoOpinion > North Seashale oilMarginal Discoveries +2

The Wooden Spoon!

https://en.wikipedia.org/wiki/Wooden_spoon_(award ) Yet another article from the Daily Telegraph , this time reporting on the IEA's warning that “$1.3 trillion of oil and gas could be left stranded”. Now this is interesting as they are seeing that the Majors are recognising the risk and securing ...

David Bamford


Posted 2 years agoOpinion > Stranded ResourcesCarbon CaptureE&Ps +1

Using Analytics

I have previously expressed my scepticism about how some of the “big data” learnings from other industries can be applied in oil & gas and I confess that I still need paracetamol for my headache when one of the behemoths of the world, or even of our industry, addresses the topic! However, listening ...

David Bamford


Posted 2 years agoOpinion > Big DataSeismicSweet spots

Understand your reservoir!

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 on time (average of 10 ...

David Bamford


Posted 2 years agoOpinion > North SeaReservoirProject Delivery +1

If it's in the Telegraph...

….then it must be true! Hidden behind their ‘Premium' designation, the Daily Telegraph announced the other day that “Big Oil embraces carbon capture with the zeal of the converted” noting that “"We can't just keep our heads in the sand," said Bob Dudley from BP”. I would comment that this gives ...

David Bamford


Posted 2 years agoOpinion > Climate ChangesCarbon CaptureEmissions