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Excellent presentation, many thanks for sending it to us. A quick 100mph peak at the slides suggests there is a trend of discoveries which is being followed. I'm a fan of "trendology"! Looking at the complexity of the geology it is clear every exploratory well in this overthrust play has an element of "wildcatting" about it. Not sure where I would draw the line between wildcatting and an established play trend. Good luck to Parex in drilling up these plays. We have recently completed a major update to our TROVE Colombia database and we have analogues from other thrust plays around the globe. I think there will need to be a few penetrations before we understand what's happening in this region. Good luck!

Too kind Colin. Many thanks. This is a subject I really think needs to be well understood. Obviously the drillers, geoscientists et al know this well - but it helps non-technical folk in the O&G industry to understand why there is so much cost and planning required when venturing into wildcat areas.

In the ideal world I believe all should be able to participate in a licence round without prejudice Peter. Where a nation wants to see their economy boosted, they will require a large capital injection and technologies from across the spectrum. When it comes to hand cleanliness - perhaps there is good and bad everywhere.

Do you have data you can share? Happy to promote the area but need the maps, images etc to make the video. Perhaps you can post hyperlinks to data sources. Many thanks for your help.

Thanks Dimitri. I assume you meant Cyprus. We have a number of videos on our channel which mention the sizeable finds south west of Cyprus. There has not been a lot published in the public domain on these wildcats drilled by majors & Turkey. If you have any great sources we can use we will do a follow up video on this exciting province. We are not aware of much prospectivity SW of Crete, but happy to do a video of anything we get sent from that region. We always acknowledge contributors (unless they wish to remain anonymous).

Low hanging fruit first. The operational environment in the Paddavisse basin area is very challenging. if the resource size is big enough there are opportunities for the future. With the huge gas reserves in Mozambique & Tanzania (as well as Namibia) there are lots of options for South Africa, including LNG.

Personally, I am not paranoid about the carbon emissions issues - but many politicians (and therefore regulators) are. And the general public are scared, confused or both. We are considering doing a number of videos looking at the climate change debate. As geologists we have some knowledge of 4,600 million years of climate evolution, not just the last century as is the myopic focus of so many. One thing is for sure, we need to understand the science and not be swayed by the emotions in this very heated (sic) debate. Watch this space......

I would love to interview Patrick but he's a very busy man. I think he is also a character and would be more than welcome on this channel anytime. Perhaps one of the TotalEnergies PR personnel will get in touch??

You are welcome! We put out about one video a week. Please come back to our channel in future. ATB, Mike

No imminent plans but can do. Our TROVE database covers all the major Russian oilfields. Do you have any in mind? Some amazing geology in some of the super giants.

No surprise. Such a huge country with a huge coastline. Taking gas to remote regions makes more sense than an internal transmission system. Thanks for pointing this out.

Many thanks. We are looking to identify oilfields or gas fields which really make a difference. We are trying to expose groundbreaking discoveries which will inspire exploration geoscientists to consider very new play concepts. We have one such field in mind, an unconventional-type development offshore which is also a frozen HC migration front. This play could work in other geologic basins. Video should be out in next couple of weeks..... ATB, Mike

Were I a fish and heard seismic "blasting" nearby, I would swim away. Precautions are taken by the seismic industry. Perhaps we should inform viewers with a video....... What about river pollution, detonating ordinance, commercial shipping and other users of the seas. I imagine wind turbines, tidal schemes and wave projects give off constant 'noise'. Worth investigating???

To bad for up Welling or know as recruitment🐟🐢🐬🦀🐳🦞🐙🦑

Seismic blasting kill recruitment up to 1’2 kms from blast mate

Seismic did have an impact on the rock lobsters, only have to look back at the history of lobsters catch per pot lift in bass strait Victoria,

I would be interested to see the data. Can we can rule out overfishing, population collapse due to disease etc, climate change and any and every other environmental factor? Or has the 'jury' heard all the evidence and come to a reasoned assessment of where the blame should rest?

I know there is a more complex production history at Midway Sunset than we were able to cover in a short video. Hopefully our video is a useful introduction and interested parties can delve deeper (sic).

I'm absolutely convinced the big boys know more geology than I do. That's not really the point. This channel is intended for a wider audience than technical experts in the "big boys" As for bids in O&G licensing rounds other than for O&G exploration - you've got me there......

@TROVE-1stSubsurface a lot of the majors are looking at things like carbon sequestration, for example. Some of those sort of bids might be to comply with agreements with government regulators maybe. Or another possibility may be that there is a plan to build some fixed infrastructure (as opposed to floating). Been a lot of wells drilled on the shelf in Guyana with limited success.

A challenge for production. CCUS IS SURELY THE SOLUTION - if the economics work!!

CCUS & EOR is definitely on the rise also

HI RICHARD. There will be lots of follow up videos - these quarterly summaries are proving to be very popular. Please share the link with your friends and colleagues

Thanks. There will be lots of follow up videos - these quarterly summaries are proving to be very popular. Please share the link with your friends and colleagues

Great add. Thanks - will help future researchers ensure it's not overlooked.

Thanks for your note Doug. Gryphon is another field close to my heart as I was subsurface manager for the field in the Kerr-McGee days and TCM rep for Harding (which I later worked on at Taqa). There's a lot to show at Gryphon and the injectites and their imaging will certainly be of interest to the viewers. We will add it to our list - we have numerous videos at various stages of readiness, so it maybe some time........ ATB, Mike

If you have any information on this I would be grateful if you could send it to info@1stsom.com. Not sure there would be enough for a video but we will be doing one on white hydrogen and other non-hydrocarbon gasses before too long. Cheers, Mike

Thanks June. As mentioned in my previous answer, we will be making a video on exploring for natural hydrogen. Some interesting work going on around the planet - so if anyone wants their projects included, please send information to info@1stsom.com. ATB, Mike

@@TROVE-1stSubsurface Great! I’m looking forward to watching it. Thanks!

It was a fantastic project to work on and a massive success. I am very proud of this work and a great team of people who all pulled together to make it happen.

Thanks Alan. We had some expert geophysicists on the team (including Simon, Ian, Russell, Kevin & Paul) as well as the renowned expert Jon ffrench who was with our JV partner. They did all sorts of clever things to map the hydrocarbon-bearing sands. In this video I am purposely trying to simplify the explanation so more viewers might understand the issue and the implications. Glad you didn't pelt me for the simple explainer.

Thanks Alan, I hope Mike's response explains we were trying to simplify the story. Hopefully it's not too wrong!

I think there is huge potential in abandoned fields which have had years or in some cases, decades, to depressurise, re-saturate and re-equilibrate. We have workflows for undertaking such studies and are working a redevelopment which should be capable of delivering another 80 million barrels of oil. Would you be so kind as to point me to any papers on successful Permian field re-developments. I would be interested in understanding how these worked.

that should say re-pressurise

@@mikecooper2093 I enjoyed this video a lot , decommissioned fields may be redeveloped by fresh folks - the one you worked on did well bit other fields have had less success - One that cold be great is Buchan which was due to be redeveloped by Jersey oil, Mohit talks a good game and his people have logical plans. Although the economics have been challenged by our new government

Ummh! I know Buchan. That's all all I'm going to say........

A lot happening in T&T these days........ we will have another video out featuring Trinidad in the next week or so.

I can understand this might not be CNR's bag. Frontier exploration isn't really their core business. They were early pioneers in the Outeniqua Basin and farmed out to TotalEnergies. Now, the latter withdrawing - am awaiting confirmation of this - after two discoveries (Brulpadda & Leopard) and several lookalike prospects yet to be drilled suggests something is not right..... The difficult operating environment (very strong water currents, deepwater etc) may make gas finds sub-economic. Perhaps it's regulatory intransigence or lack of governmental support. Watch this space - I will see if Patrick P will give me a call to explain.....

The latest Energy Institute report (2024) shows oil & gas production and reserves continue to rise. Commodities are anomalies - when reserves fall, prices rise, reserves rise, prices fall, reserves fall. It's a roller coaster!! Imagine oil at $200/bbl - everywhere would have economic accumulations. Conversely, imagine $10/bbl - the world economy may well collapse.

Norway has a good politician Guyana dont.

SNP latterly started to support the industry. Nicola was far from supportive. With only 8 seats, they are hardly the political voice they were a few years ago.

Thanks Ken. A bit depressing, but hopefully informs interested parties with facts........

Thanks Vince. Oh for common sense to prevail.....

And UK production is only heading one way....

The latest BoP number £(95)B YoY before Brexit it was around £(10)B, Trade now £(200)B, invisibles have also shrunk and no longer close the gap. Farage is responsible for this he kicked the ball in motion and sat back - what is Reform going to reform the failed Brexit, are they going to fix the inherent problems Make England Great Again? Farage is a populist and still has command over many in the UK, there is no doubt despite a swing against Brexit many will still trust in Farage and there will be a impact to the results of the oncoming Election. Advice to stay away from anyone in the pay of Putin and Rupert is good advice, Farage will never take ownership of the failures of which there are many in the past and await in the future.

Reform seem to be supportive of business in general. And it's a popular policy. Why others want to destroy value creation is beyond me.

@@TROVE-1stSubsurface I like their attitude to business especially energy, the economy and the debt problems we have. I wish the Conservatives had been like that but they're a busted flush now. Whilst the though of Labour is not a pleasant one I've found almost everyone I've spoken to is talking about Reform including in what used to be Tory safe seats. It's shocked me but something interesting seems to be happening.

All these graphs come from the Energy Institute Statistical Review 2024, available for free online. A Google search should hopefully confirm our graphs.......

Reserves only go up to 2020 (in the 2024 EI Statistical Review. It's not clear if and where Guyana discoveries and new reserves are included - some finds definitely post-date this publication deadline.

It's a bow-wave effect and prone to revision with commodity price.

EVs are only a small fraction of car sales - too expensive, limited range, inconvenient to re-charge. Nuclear should be part of the future but the lead time is decades and there are limited plans being considered just now.

I imagine it is so rewarding to work on a major field project like Ghawar. I imagine seeing the big picture must be a challenge when the size is so enormous and there are so many wells. Nice problems to have.....

Not really Mr Paul. The difference between producing locally and importing from far afield is simply transportation. It takes energy to pipe, ship, tanker etc crude oil & LNG from one part of the globe to another.

Thanks Alan. That makes sense. A near doubling is a big change!! Very little movement since - despite a lot of production.

@@TROVE-1stSubsurface Mike, there has been little explanation in Russia since the 1990,s but a lot of infill drilling , field extension and enhanced oil recovery, hence reserves have kept steady despite significant production which has recovered after the late 1990s. There is also still an innate conservatism in reserves reporting There is also huge tight oil potential in the Bazhenov in western Siberia, where the identified sweet spot is 700,000 km2, literally the size of Texas, the Akhimov tight sands in western Siberia and the Domanik shale in the Volga Urals basin. In terms of conventional exploration there is my personal favourite the Lena delta in Eastern Siberia which has a similar area to the Niger Delta, as some other plays

@@AlanFoumGeophysicist The video I did a couple of years ago on Saudi reserves shows how reserves are a geopolitical football. It will be when production goes into decline when we will know when reserves are running out. Thanks Alan.

Hi George, thanks for your comment, no real details on the new round yet. Its referenced here though - energycapitalpower.com/north-africa-licensing-rounds-2024/