Lime Petroleum is pursuing “smart exploration” by applying its so-called virtual drilling technology to prospects in the prolific Utsira High play and other areas off Norway, while also targeting
The Rex Virtual Drilling (RVD) software has optimised oil exploration in two areas off Norway, according to Lime Petroleum. The Oslo-based explorer used the RVD technology, which can identify reserves using seismic data, to screen Goddo and Orkja as possible drilling candidates. “RDV’s technology is a game-changer for offshore drilling,” said Rune Skaar, chief executive of Lime Petroleum Norway.