Geoscience News


TGS strikes new partnerships

May 23, 2013

TGS-NOPEC Geophysical Company (TGS) announced at its Capital Markets Day that it will embark on several new partnerships. TGS and Electromagnetic Geoservices ASA (EMGS) agreed to jointly development multi-client projects in defined areas in northwestern Europe…

EMGS extends Atlantic Guardian charter

May 22, 2013

Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from September 1 2013 to March 1 2014. Furthermore, EMGS has agreed to charter…

Changing the PRM value proposition

May 20, 2013

Andrew McBarnet suggests that seismic permanent reservoir monitoring may soon be seeing a new wave of interest if not an increase in projects. It seems like forever that people in the E&P business have been talking about a digital oilfield…

Full stream ahead

May 17, 2013

Dolphin Geophysical has set its sights on doubling its fleet and its market share. Meg Chesshyre hears from CEO Atle Jacobsen and his team. Dolphin Geophysical’s remarkable success, since it was established in late 2010, has been outlined by CEO Atle Jacobsen…

EMGS wins Norwegian Sea contract

May 03, 2013

Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement worth USD 6.4 million for the provision of 3D controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data from EMGS's multi-client data library in the Norwegian Sea…

First oil from Apache's Tonto

May 02, 2013

Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…

OTC 2013 combines star power with fire power

May 01, 2013

The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…

PGS' Ramform Sovereign

Apr 30, 2013

With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…

RPS buys Houston firm

Apr 22, 2013

Knowledge Reservoir, a leading global energy consulting company, announced today its acquisition by RPS Group plc (RPS).RPS is a global, multi-disciplinary consultancy providing advice upon the exploration and production of oil and gas and other natural resources…

BP explores the Great Australian Bight

Apr 09, 2013

BP discusses its latest effort: exploring the Great Australian Bight. The deepwater frontier area covers 24,000 sq km, located 300km offshore in water depths up to 5,000m. The supermajor says the hydrocarbon potential of the area has never been thoroughly tested…

CGG sets seismic records in GOM

Apr 04, 2013

CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. Firstly, through…

Beach reports seismic results from Lake Tanganyika

Apr 01, 2013

South Australia's Beach Energy Ltd. discussed the results of its 2012 inland offshore exploration program in western Tanzania in an investor presentation last month. Wholly owned subsidiary Beach Petroleum (Tanzania) Ltd. holds 100% interest…

TGS Polarcus Asima

Mar 28, 2013

TGS announced it will charter the 12-streamer Polarcus Asima for a six-month period. TGS will utilize the ship during an acquisition of a 3D multi-client survey covering 7800km 2 of the Sunfish acre age in Harper Basin, off Liberia. TGS will…

How Spectrum is changing its focus to win multi-client business

Mar 28, 2013

Rune Eng, president and CEO, provides the answers to why Spectrum is emerging as a key player in the market for multiclient marine seismic surveys and where the company is heading with its business. Before joining Spectrum in 2010 Rune…

Broadband revolution

Mar 28, 2013

PGS kick-started the broadband revolution in 2007 when they found an engineering solution to the long-cherished industry ambition of towing collocated pressure and particle velocity sensors in a streamer. Thus, the receiver ghost effects can be completely removed…

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