Halliburton leveraged technology from the mining industry to reveal subsurface structures in a way that improves geosteering, geomapping and geostopping in complex reservoirs.The service company has introduced EarthStar 3D Inversion, a 3D reservoir mapping process that, when used in geosteering applications, can maximize contact with oil and gas zones while mapping the surrounding formation to identify bypassed oil…
The Brazilian oil and gas company Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) the contract for the supply and installation of a Permanent Reservoir Monitoring (PRM) system on the giant Mero field offshore Brazil…
In Africa, as the count of offshore oil and gas blocks that are getting depleted continues to rise, some producing countries are opting to invest in seismic data to enable identification and demarcation of new blocks while at the same deploying more high end technology…
Paris-headquartered geosciences company CGG said it has commenced a new, large, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil.The Nebula 3D survey is supported by industry funding.With an initial focus on Brazil’s 15th License Round blocks…
Emerson said it has launched Roxar RMS 11.1, the latest version of its reservoir modeling software., designed to enhance workflow automation and ease of use. This version provides a range of powerful technologies for building and visualizing high-quality reservoir models…
Italian supermajor Eni and American information technology giant IBM have revealed the first results of a multiyear collaboration using artificial intelligence (AI) by launching a new research platform to support Eni's decision-making during the initial stages of exploration phase…
The extent of the continental shelf beyond 200 nautical miles outside Bouvet Island has now been clarified with the Continental Shelf Commission (CSC) in New York.The Commission’s recommendation is in line with Norway’s proposal submitted to the Commission in 2009 and revised in 2015…
An oil and gas field offshore Guyana owned by Tullow, Total and Eco Atlantic contains around 3.9 billion barrels of oil equivalent, an upgrade of around a third to a September estimate, Eco said on Monday.The Orinduik Block neighbors an Exxon Mobil field which…
China's state-owned CNPC has started developing a new offshore shale oilfield near the Bohai Rim Basin, the company said via its official newspaper on Thursday.CNPC aims to produce 50,000 tonnes of shale oil from the Bohai Rim Basin in 2019…
Dana Gas will begin drilling this year in an area it says could become Egypt's next giant Mediterranean gas field, after seismic data pointed to reserves as large as 20 trillion cubic feet.That data will be put to the test beginning in April or May…
CNOOC announced Tuesday it has made a significant discovery on the Glengorm prospect, located in the Central North Sea of the U.K. continental shelf (UKCS), with recoverable resources estimated at close to 250 million barrels of oil equivalent…
An appraisal well in the Zama project offshore Mexico showed more potential for oil, raising hopes of a large discovery, operator Talos Energy said on Thursday.The Zama project in Block 7 offshore Mexico is operated by Talos, whose partners include Sierra Oil and Gas and Premier Oil…
The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the Lebanese 2nd licensing round for hydrocarbon exploration offshore Lebanon…
A developer of real-time 3D sonar technology and real-time subsea intelligence has launched a new product that uses artificial intelligence (AI) to automatically detect and recognize distinct underwater objects.Coda Octopus announced Tuesday…
Fugro started integrated survey work offshore India for the country’s oil and gas company ONGC, under a three-year contract valued at approximately US$7.7 million. The contract, awarded to Fugro for the third consecutive time, calls…
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