GESGB London Evening Lecture – June 2024 (Hybrid)

GESGB members can register free of charge via the membership platform

If you are interested in becoming a member of GESGB please visit: https://www.ges-gb.org.uk/membership/

Speaker: Steve Coomber – Westwood Energy

Topic: Exploration Trends and Strategies in the UKCS & NCS

Date: Tuesday 25 June 2024

Timings: 17:30 – Doors open / 18:00-19:00 – Lecture / 19:00-20:00 – Networking drinks

Meeting Venue: The Bedford Hotel – 83-95 Southampton Row, London WC1B 4HD
(Ground Floor Meeting Room – next to the garden)

Catering: Tea/coffee/biscuits to be provided.

Networking Drinks: The Swan – 7 Cosmo Place, London, WC1N 3AP
(Self-funded bar)

The presentation will be available to view via live stream on Zoom.
Login details will be sent to registered attendees one day prior to the event.

Exploration Trends and Strategies in the UKCS & NCS

A review of exploration activity and performance in the UK and Norway over the last ten years, identifying trends and the influences of external events. Exploration activity over the last decade has been impacted by two major oil price crashes and a global pandemic, which have resulted in large fluctuations in drilling costs, exploration performance and discovered volumes. Over the decade, Norway has seen almost three times the number of wells, delivering almost six times the discovered resource, at just over half the drilling finding cost of the UK. A key trend has been the increase in Infrastructure-Led eXploration (ILX) drilling and less focus on High Impact (HI) and frontier wells.

Steve Coomber – Westwood Energy
Steve obtained a MSc. in Geophysics at the University of the Witwatersrand, Johannesburg.  During a brief stint as a geophysicist at Anglo American in Johannesburg, he enjoyed trips down trackless platinum mines and a 3km-deep gold mine.  In 2008, he moved to EMGS in Trondheim and learned to cross-country ski (poorly), and in 2009, to Arkex in Milton Keynes.  In 2010, he obtained a place on the Hess geoscience graduate program and, following the closure of Hess’ London office, moved to Atlantic Petroleum as a geoscientist. After the oil price crash in 2015, he decided on a change in industry, working as a fraud analyst at Santander.  Since 2021, he has been working for Westwood Global Energy as a Senior Analyst for the Atlas team, covering NW Europe E&P.