Nobel Upstream

29/04/2020

The Maclure oil and gas field in the North Sea has been operational since 2002 – being operated by Total S.A. it holds a majority 38.19% stake.

16/04/2020

Exploration at UK offshore sites is gaining momentum, with estimates from Westwood Global Energy Group suggesting as many as 17 new wells for exploration could be drilled by the middle of 2020.

Exploration at UK offshore sites is gaining momentum, with estimates from Westwood Global Energy Group suggesting as many as 17 new wells for exploration could be drilled by the middle of 2020. The…

14/04/2020

The top 10 countries in the world for proven oil reserves, listed to the nearest thousand million barrels are:

10/04/2020

The Permian Basin in Texas has been producing oil for almost a century to date, beginning in the 1920s. The two million barrels per day mark was reached in the 1970s, followed by a period of decline in production output.

The Permian Basin in Texas has been producing oil for almost a century to date, beginning in the 1920s. The two million barrels per day mark was reached in the 1970s, followed by a period of declin…

03/04/2020

In 2019, the North Sea region has recently seen an influx of investment from private equity, regenerating the oil and gas sector in the area for more than a dozen firms operating on the UK Continental Shelf.

The North Sea region has recently seen an influx of investment from private equity, regenerating the oil and gas sector in the area for…

02/04/2020

Fracking is estimated to be able to increase well production by as much as 30 times to original rate of flow and it is estimated that 50% of the United States’ onshore wells currently use fracking processes.

01/04/2020

While it is difficult for geologists and engineers to view rock formations that hold oil and gas reservoirs in their actual position, well logging techniques allow these specialists to obtain measurements of the compositions.

Technological advancement in the oil and gas industry has come a long way. While it is difficult for geologists and engineers to view rock formations that hold oil and gas reservoirs in their actual...

27/03/2020

The world’s largest oil fields – the Ghawar oil field in Saudi Arabia is the largest in the world, producing approximately 5 million barrels of oil per day. Here are some of the other largest oil fields:

26/03/2020

The UK Continental Shelf (UKCS) has come a long way since 2014, when low production and high costs were some of the issues faced by many players in the UK’s oil and gas industry.

The UK Continental Shelf (UKCS) has come a long way since 2014, when low production and high costs were some of the issues faced by many…

24/03/2020

The Permian Basin in Texas has been a lucrative source of oil for almost a century. Oil was first discovered in the region in 1920, when a Mr W. H. Abrams drilled the first well. This well produced a total of ten barrels of oil per day.

23/03/2020

Azerbaijan’s status as an important oil and natural gas supplier in the European region is well regarded. The country has played a vital role in the global oil market, with the world’s first paraffin factory starting operations in 1823.

Azerbaijan’s status as an important oil and natural gas supplier in the European region is well regarded. Historically, the country has…