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US upstream week in brief: Shell makes a Whale of a discovery in Deepwater GoM
Shell confirmed it made first discovery in Western GoM in two years at the Whale (AC 772) prospect. We estimate the quick cycle time, coupled with ...
US Upstream week in brief: US activity increase leads to quarterly revenue growth for Schlumberger
Schlumberger and Halliburton both post double-digit North America onshore growth figures for the quarter but international activity was a drag on o...
US Upstream week in brief: US crude exports poised to accelerate as Brent-WTI spread hits two-year high
As the Gulf Coast continues to recover from the aftermath of Hurricane Harvey, the Brent-WTI differential has risen to ~$6/bbl, its widest level si...
Newer, faster, stronger: drilling efficiencies in deepwater GoM are good news for operators
In deepwater Gulf of Mexico (GoM), drilling efficiency (DE) has improved by 37% since 2014 as operators high-grade and decrease activity in emergin...
Newfoundland and Labrador 2016 licence round launch
On 7 April 2016, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced its 2016 call for bids. Sixteen blocks are on of...
Kenya North-Central Gregory Rift exploration basin
Located in northwestern Kenya, the North-Central Gregory Rift forms the eastern margin of the East Africa Rift system. The basin extends over 100,0...
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