What's new in production ///
OTC, North Sea, US Gulf. The 36th Offshore Technology Conference held in Houston, May 3 – 6, was its usual exciting event, including miles of walking back and forth to sessions and through the massive 300,000-ft 2 Reliant Center exhibition hall, featuring more than 2,100 companies. Final attendance was over 50,900, representing 110 countries, the highest since 1985. And several thousand of those saw a mass evacuation late Tuesday afternoon for a small electrical fire somewhere in the complex. Other than that, the most excitement came from the huge exhibit display and some 320 technical presentations.
For the North Sea, at a press conference, Scottish Enterprise's Director of Energy, Brian Nixon, gave an upbeat appraisal of Scotland's and the UK's future oil/gas prospects. “The North Sea is now a mature oil and gas province with 30 years of exploration and production activity under its belt. However, only half of the estimated reserves in the region have been exploited, and there is every indication that the North Sea will continue to be an important production region for decades,” said Mr. Nixon.
Log in to view this article.
Not yet a subscriber? Get started now for immediate access to this content and more.