Elaine Reynolds
13 December 2017

Kosmos exploration hiccups

Kosmos this week announced that its most recent exploration well offshore Mauritania, Lamantin-1, was water bearing.

The well is the second disappointment in a four well exploration campaign offshore Mauritania and Senegal designed to test the outboard basin floor fan fairway. Since its Tortue-1 discovery in 2015, the company had enjoyed a 100% success rate in the region, with 25 Tcf discovered across five wells.

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Elaine Reynolds
6 December 2017

Positive news from Genel’s Taq Taq

Results from TT-29w, the latest well to be drilled in the field, have proved an oil water contact (OWC) to be 145m deeper than estimated pre-drill at this location, implying that more oil could be recovered from the flanks of the field than currently planned.

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Sanjeev Bahl
20 November 2017 · 3 min read

Ludicrous growth of the EV

Hit the ‘ludicrous mode’ setting on the Tesla model S P100D and you feel yourself being propelled from standstill to 60mph in a paltry 2.5 seconds – over 30% slower than Musk’s latest revelation, the Tesla Roadster. The Tesla Roadster boasts a range of over 600miles on a single charge, a top speed of 250mph in addition to neck straining acceleration.

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Elaine Reynolds
7 November 2017

Tullow’s Araku result completes our 2017 wells to watch list

At the start of this year, we highlighted seven exploration wells due to be drilled in 2017, all involving independent companies and targeting resources over 100mmboe. The results from the last of these wells, Tullow’s Araku, were announced last week, with the offshore Suriname well proving the presence of gas condensate but with no significant reservoir quality rocks.

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Sanjeev Bahl
16 October 2017 · 5 min read

Fancy a Ferrari or an EV?

EV adoption impact on oil demand

Electric vehicles are a fascinating subject and not a day goes by without Tesla or a major OEM touting their latest designs and the virtues of electrification of their light vehicle fleet. That excludes Marchionne, Ferrari’s CEO, who famously retorted that ‘you’ll have to shoot me first’ before the supercar brand develops a vehicle without the roaring sound of an internal combustion engine.

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Elaine Reynolds
10 October 2017

Verbier delivers after sidetrack

Statoil’s sidetracked Verbier well has discovered oil after the main wellbore found water filled sand. The company was targeting oil in an updip location on the structure together with joint venture partner Jersey Oil & Gas (JOG). Statoil believes that the 20/05b-13z well has proven a minimum recoverable resource of 25mmbbls, and that the upside could be as much as 130mmbbls. The JV has not at this stage provided details of the discovery such as sand quality and thickness, or of the location of the sidetrack. Appraisal wells will now be planned to assess the commerciality of Verbier, and to mature further prospectivity in the P2170 licence including the Cortina prospect and Meribel lead.

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