Oil & Gas Journal

JULY 17, 2025

Alex Procyk July 17, 2025 95931355 © Alena Redchanka | Dreamstime.com Equinor Energy AS drilled a dry well in the Garantiana NV prospect in production license (PL) 554 about 120 km west of Florø in the North Sea, the Norwegian Offshore Directorate reported July 17. He is a member of the Society of Petroleum Engineers (SPE).

Dry Hole

Aresco

APRIL 23, 2025

Drilling a dry hole can cost hundreds of millions of dollars. This leads to faster analog identification and better-informed predictions on reservoir behavior. This helps teams assess risk more quantitatively. AI-Augmented Exploration Workflows AI is not replacing geoscientists it is augmenting them.

Exploration and Production

Aresco

JULY 17, 2024

However, it’s essential to conduct thorough research, understand the risks involved, and seek professional guidance to make informed investment decisions that align with your financial goals and risk tolerance.

Royalty

The Energy Law

APRIL 30, 2020

The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. A well was spud on March 28, 2006. Communications include firm news, insights, and events.

Operator

The Energy Law

JUNE 2, 2017

The appellate court also affirmed the trial court’s award of lost profits under the turnkey contract as consequential damages – rendering a decision that criticized defendants’ hypothesis that “some unknown and speculative intervening cause, i.e. a phantom hole in the formation ,” resulted in shutting in the well before completion.

Casing