
Consultant, Michael E. Lynch
Member of the Natural Resources Council
Michael Lynch is an independent consultant specializing in providing consulting services in the oil and gas industry. Mr. Lynch provides consultancy on reservoir engineering, reserves estimation, production forecasting, and redevelopment planning for depleted oil fields. He has been a practicing petroleum engineer for more than 50 years. After serving as a photogrammetrist in the Army Air Corps, Mr. Lynch began his career as an oil well core analyst in West Texas. He has worked for Chevron, a large international drilling contractor (SEDCO); and has held supervisory, managerial, and executive positions in the US and abroad. In 1985, with a partner in Lisbon, Mr. Lynch organized Catermar Petroleum Engineering Services to provide drilling and production supervision to international oil companies. During his career, he drilled and completed over 100 oil and gas wells in Texas, Oklahoma, California, Venezuela, Saudi Arabia, Iran, Algeria, and the Gulf of Mexico. Mr. Lynch holds a BS in Petroleum Engineering from The University of Texas. He is a registered engineer in the State of Texas and member of Society of Petroleum Engineers and Institute of Energy in London. Mr. Lynch has written four historical oil field novels under the pen name, Linton Morrell. His first novel, Steel Storage, published in London in 1998. (This is me - Update Profile)
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Santos basin shallow water wildcat may be game changer for Brazil's oil
February 3, 2012
OGX Confirms Hydrocarbon Find in Santos Basin | www.rigzone.com
Eike Batista, CEO of Brazilian independent OGX, commented that wildcat 1-OGX-63-SPS located in BM-S-57 (Fortaleza) identified hydrocarbons in both the Aptian and Albian of the stratigraphic column. What makes this remarkable is that the well was drilled in 509 feet of water. The OGX-63 cut 361 feet of high pressure Aptian which caused a well control incident.
Argentinian politicians' efforts to increase production are likely to backfire
February 3, 2012
Argentinean Governors to Push Oil Companies to Invest More | www.rigzone.com
Governors from 10 of the country’s oil producing provinces have planned a meeting for next week to pressure to oil companies. Last week President Cristina Kirchner attacked the industry for allowing production to decline. In 2011, Argentina imported $9.4 billion in fuel, double 2010 imports. Kircher added that oil companies should remember that they are working on land owned by the Argentine people.
Royal Dutch Shell to focus on frontier exploration in Arctic regions
February 2, 2012
Shell CEO Says Arctic Focus on Alaska, Greenland | www.rigzone.com
Shell CEO Peter Voser said in an interview that the company plans activity in Alaskan waters, offshore Greenland and in Russia’s far north. Most of the drilling will be in or near Arctic waters. Voser acknowledged that the Arctic environment is sensitive and challenging but added that he believes Shell can safely conduct operations there.
BNP Paribas asset sale puts small oil and gas companies on the spot
January 31, 2012
BNP Paribas O&G Loan Sale is Bad News for Explorers Seeking Funds | www.rigzone.com
The Financial Times reported last Thursday that BNP wants to dispose of its $11 billion oil and gas loan portfolio. The news is important for small companies because BNP has been a key player in funding frontier exploration projects. Risk appetite has changed for banks that lend to the oil and gas sector. Equity indicators for U.K.-listed companies are far from strong.
Funiwa Deep 1A may sand up and stop burning before the relief wells are drilled
January 30, 2012
Chevron: Funiwa Ffire Burning at Diminished Rate | www.rigzone.com
Chevron reported on January 27 that the fire burning at Funiwa 1A deep offshore Nigeria has diminished. The well caught fire during the early morning on January 17. By January 25, the KS Endeavor jackup rig had collapsed and no part of its structure was still above water. Chevron plans to drill two relief wells which could begin in the next seven to ten days.
| Study Group Name | No. Members |
|---|---|
| Drilling Rig Experts | 465 |
| LNG Experts | 216 |
| Offshore Drilling Rig Experts | 212 |
| Oil and Gas Well Drilling Experts | 199 |
| Oilfield Equipment Experts | 179 |
Michael Lynch has not participated in any GLG Live Meetings.