Where our team of editors discuss what they think about the current BMEU Issues.
As geophysicists, reservoir characterization is our goal. We aim to transform seismic traces into pseudo well-log measurements from which we can infer reservoir properties, such as porosity or fluid content. By Rebecca Goffey, Hampson-Russell Software & Services (A CGGVeritas Company)
Crisis? What crisis? According to Lukoil Chairman and CEO Vagit Alekperov, the current economic downturn is just another opportunity for the oil and gas industry to emerge even stronger than before. By Ben Thompson
It’s not easy to find a 30-year-old CEO in the oil and gas industry, but Yagya Ahuja reveals why that is all about to change.
Since a team of Russian explorers planted a titanium flag on the ocean floor of the North Pole in a dramatic move to claim the Arctic region back in 2007, Russia has made no secret of its ambitions to establish a deeper footprint in the frozen north. And now, as the country formally announces plans to establish military bases along its northern coastline, the war for the Arctic’s lucrative reserves is heating up.
Given its former status as a gulag for exiled Tsarist dissidents, Sakhalin Island has long had a reputation as one of the gloomiest places in Russia. But thanks to its abundant reserves of oil and gas, the island could yet prove an unlikely source of hope for the economy. By Ben Thompson