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Upstream oil and gas reports
2024 tight oil costs: the push and pull between efficiency and OFS rates
Well costs are expected to decline 10% in 2024 and 1% in 2025 after peaking in 2023. Declining prices for OCTG, proppant and diesel, along with sub...
Vermilion Energy Croatia fields
Vermilion Energy, a Canadian firm, entered Croatia in 2015 following the acquisition of four exploration licenses. It owns the Berak and Ceric fiel...
Indonesia Java Sea exploration basin
Oil and gas exploration in the Java Sea Basin dates back to the late 19th century, with well-explored onshore and near-shore sectors supported by e...
Russia's Northern Sea Route: grand designs, modest progress
The Northern Sea Route (NSR) in Russia's Arctic offshore is a largely untapped maritime trade artery. The Russian government has had a long-held st...
Fram Norway
The Fram area consists of two main fields, Fram Vest and Fram Øst. These fields include several separate substructures which have been developed wi...
SK405B
The SK405B PSC, located offshore Sarawak, Malaysia, hosts the Sirung and Chenda oil and gas discoveries. The block was awarded to Murphy Oil in 201...
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