Reflections

Bringing together insight and challenge adds value to strategic decision-making. We invite you to explore some of our latest thinking and analysis on the upstream oil and gas sector.

Latest Article

StrategicFit Africa Roundtable Series: “Is a collaborative approach key to surviving low-oil prices?”

In July we hosted our third and final roundtable on “Assessing the impact of a low oil price in Sub-Saharan Africa”. The series looked at the impact of low prices on exploration and development, government attitudes and collaboration. The events have been attended by senior executives from the oil and gas industry, who shared their […]

2nd Tranche of the UKCS 28th Licensing Awards

Following the Oil and Gas Authority’s announcement of the second tranche of licences offered as part of the 28th Seaward Licensing Round, StrategicFit has published its Licence Award Poster. Created in the same format as previous posters it provides a quick reference and comparison of individual company awards, who they have partnered with, geographic regions and […]

Best Practices for Area Cooperation

  Oil & Gas UK invited StrategicFit to talk about best practices in area cooperation at their annual conference in Aberdeen.  Jan Paul van Driel spoke on the 18th June at the industry conference on this topic. Below are the key take-aways from his talk:   A ‘push’ from the authorities may be extremely helpful; […]

The Untapped Value in Relinquishment Report Databases

UKCS Relinquishment Reports: What Are They Good For? Cash flow decline from lowered oil prices has led to a reduction in exploration budgets and staffing across the UKCS. It is likely that fewer wells will be drilled, less exploration seismic data will be acquired, a diminished number of geoscientists will remain employed, and some companies […]

StrategicFit Roundtable Series: “What impact will low oil prices have on both companies and host governments?”

We recently hosted the latest event in a series of roundtables focusing on oil and gas in Africa. The theme of this current series is “Assessing the impact of a low oil price in Sub-Saharan Africa”, with the three event topics being Exploration and Development, Government Attitudes and New Business Models. This meeting focused on […]

StrategicFit Roundtable Series: “Assessing the impact of a low oil price in Sub-Saharan Africa – Exploration and Development”

On March 16th StrategicFit hosted the first event of its second series of roundtables on oil and gas in Africa. The theme of the series is “Assessing the impact of a low oil price in Sub-Saharan Africa”, with the three event topics being Exploration and Development, Government Attitudes and New Business Models. The event was […]

APA 2014: Poster and perspectives

Following the Norwegian APA 2014 licence award announcement on the 20th of January, we have created our annual NCS APA Licence Award Poster (Download Here). This year, we used our in-house company profiling tool to help us put the results into perspective and answer a number of questions.

25th PETEX Conference: the largest subsurface-focused E&P conference and exhibition in the UK

Last week StrategicFit attended the 25th Petex conference. On the second day, David Dutton from Nexen U.K. delivered a talk entitled “Buzzard & Beyond: Exploration in a Mature Basin”.

The talk was focussed around the insights from an exploration look back study on the Moray Firth. Using Basin InsightsTM for much of the analysis, David was able to identify some interesting trends, including the impact of the discovery of Buzzard on exploration. David also used this study to recognise some possible missed opportunities which, he said, could be capitalised on in future.

StrategicFit Roundtable Series: “How can deals in sub-Saharan Africa unlock opportunities that work for all players?”

On November 17th StrategicFit hosted its third roundtable discussion focused on oil and gas in Africa. The theme of the event was “How can deals in sub-Saharan Africa unlock opportunities that work for all players?”. The debate assessed the natural ownership of opportunities along their lifecycle, the roles of different players and the effectiveness of deal making for different types of opportunities.

Page 1 of 5