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Bright spots

September 2005

Welcome to the September edition of Bright Spots, our monthly newsletter.

This edition includes:

New life emerges in North Sea

An article written by Rhydian Williams, exploring the increased activity in North Sea exploration, was published in the August issue of World Oil.

The article examines how licensing changes and other Government initiatives, in conjunction with higher oil and gas prices, are boosting the number of operators and wells drilled in North West Europe.

To view full article please visit World Oil's website.

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New licensing round information available in PetroView

UK 23rd Licensing Round layer available in PetroView
This month’s North West Europe and UK PetroView updates include a layer detailing the blocks offered for award in the UK 23rd Licensing Round. The layer includes operator, consortium and equity information.

In early September, the Energy Minister, Malcolm Wicks, announced that a record 152 licences have been offered to a total of 99 companies under the 23rd Oil and Gas Offshore Licensing Round. 25 of the companies are new entrants to the UK offshore sector. The licences offered are comprised of 70 Traditional licences, 76 Promote licences and six Frontier licences, covering a total of 294 blocks and part-blocks.

Nigerian licensing round
September’s update for PetroView Sub-Saharan Africa includes all block awards and partnership information resulting from Nigeria’s recent licensing round, which proved to be the most successful ever to take place in the oil industry globally.

The round raised US$2.81 billion from the tender of 44 blocks. Signature bonuses ranged from US$310 million to US$500,000, with 13 containing the requisite to invest in the downstream sector.

For more information about PetroView visit our website.

PetroView user group meeting agenda – 3 October 2005

We will be hosting the London PetroView user group meeting on 3 October 2005. Attendance is free of charge and users will be invited to discuss specific PetroView questions with our team of experts during the workshops. The day’s agenda is detailed below:

10:00 - 10:30 Coffee and Registration
10:30 - 10:40 Introduction
10:40 - 11:00 PetroView for MapInfo - Product Review
11:00 - 11:20 PetroView for MapInfo - The Road Ahead
11:20 - 11:40 PetroView for ArcView - Product Review
11:40 - 12:00 PetroView Live/Consultancy
12:00 - 12:20 PetroView Data Coverage
12:20 - 12:30 Summary/Q&A
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12:30 - 14:00 Lunch
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14:00 - 14:20 PetroView - A User’s Perspective (Peter Kennedy - BP)
14:20 - 14:40 MapInfo Presentation (Thomas M. Probert - EMEA Desktop Product Manager)
14:40 - 15:00 Introduction to Workshops/Q&A
15:00 - 17:00 Workshops: PetroView for MapInfo, PetroView for ArcView,PetroView Live/Consultancy, PetroView

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