PESA Gazette October 2024 Edition

pesa gazette
October 2024 Edition

From Russia with Oil … As Yet

Russia, labouring under sanctions, says its oil and gas industry is twice as powerful as the west estimates it to be. But is this true? Let's look at some facts...

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LETTER FROM THE PRESIDENT

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Tech Talk

Onlaps2 GEOLOGICAL MODELS

Rob Kirk, a A 35-year career geologist has researched"Onlaps" and lectured in seismic stratigraphy for the past decade. He shares some of his discoveries here

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OIL Macro update from Rystad Chief Economist Claudio Galimberti

The escalating crisis in The MIDDLE East has spiked oil prices and is likely to continue exerting upward pressure

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Industry News

Editorial Correction: Searcher acquires new 3D seismic in the Gulf of Papua

New acquisition of seismic data offshore Papua New Guinea,the Nanamarope Non-Exclusive 3D Marine Seismic Survey was acquired by Searcher, utilising PXGEO?s Seismic Research Vessel PXGEO 2 between May and June 2023, with final processing deliverables released in March 2024.?

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CGG OaaS

Viridien selected to support technology-driven mineral exploration program in Oman

Viridian has been awarded a comprehensive minerals exploration contract in Oman.

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scholarship

PESA women eligible for Leadership Scholarships

PESA women active in the energy and utilities industries can apply for scholarships ranging from $1000 to $6000

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Tamboran Rig

Tamboran Declares 2024 ‘one for the memoirs’

Tamboran belwfgieves it is on course to developing the Beetaloo as a critical source of shale gas supply.

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Tesla

Plugging the gap: global EV charging infrastructure Needs to Grow more than 500% by 2030

Charging infrastructure for electric vehicles has cone up woefully short in the US and Europe.

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Empire Energy

Shale project economics still reign supreme as cost of new oil production rises further

Research shows that the average breakeven cost of new oil projects continue to rise and grew to $47 per barrel of Brent crude

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methane emissions - Shutterstock

Why It’s “Time for the Oil and Gas Industry to Get Serious About Methane Management”

The oil and gas industry is entering a new stage of accountability with respect to methane emission mitigation.

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Karratha Gas Plant

West Coast Gas Outlook 2024 – “Calm Before the Storm”

The latest report from EnergyQuest has forecast a grim prognosis for West Coast gas supplies

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Gorgon first gas

Chevron-Hess Courtship is Getting Serious

Developments at the FTC have brought Chevron and Hess to the brink of a US$53 billion merger.

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Saudi Aramco

OPEC is Betting Big on Oil to hit 120 MMBBL to 2050 and Beyond

OPEC's barrels are very much half-full when it comes to future oil supplies.

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