Russia And Ukraine — Oil And Gas Fallout For The World, Now And Looking Ahead.

Russia And Ukraine — Oil And Gas Fallout For The World, Now And Looking Ahead.

Smoke rises from a power plant in eastern Ukraine after being shelled. Martin Rylance is the Discipline Lead and Distinguished Advisor for Reservoir and Well Enhancement at THREE60 ENERGY Ltd. Previously he worked at bp, their NOJVs and partner companies for more than 37 years. Having lived in 12 Countries (30 years connected with Russia) and pumped in 45 he has a truly international footprint in fracturing and stimulation services, well control and multilateral drilling. He is a co-author of several books, including "Modern Fracturing: Enhancing Natural Gas Production", and author of more than 200 industry technical papers, articles and patents. Rylance has been an SPE Distinguished Lecturer in 2007, 2013 and again in 2018. He is a Distinguished Member of the SPE and received the SPE Completions Optimization and Technology Award for the SPE GCS in 2015 and Globally in 2021. Natural gas prices increased by 150% in UK and EU since the Ukraine war. But only by 10% in US. Why is this? Gas prices in the UK had already dramatically increased in the last 6 months, due to a variety of reasons, one of these is wholesale gas price rise (300% over last 12 months) and the