Geology News

 

Repsol, RSI announce joint technology project

Jul 16, 2015

Repsol and RSI have signed a three-year, US$11.5 million agreement under which they will co-develop a state-of-the-art platform for the integrated interpretation and joint inversion of seismic and CSEM data within a rock physics modeling framework…

Energean completes 3D survey

Jul 16, 2015

Image: seismic vessel/ Energean Mediterranean and North Africa-focused Energean Oil & Gas completed a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala…

EMGS in Mexico multi-client survey

Jul 16, 2015

Mexico's Comisión Nacional de Hidrocarburos (CNH) authorized permits for Electromagnetic Geoservices (EMGS) to acquire about 88,000sq km of 3D electromagnetic (EM) multi-client data over a five-year period off Southern Mexico. SENER’s…

ARKeX gets east coast survey permit

Jul 15, 2015

ARKeX announced it has been awarded the first geological and geophysical oil and gas exploration permit by the Bureau of Ocean Management (BOEM).  The ARKeX survey will acquire an airborne broadband gravity and magnetic survey over Outer…

Polarcus moves to new Houston location

Jul 08, 2015

Polarcus has relocated its North and South America regional office in Houston, Texas, to new premises in the Cobalt Center, Memorial City, as the company expands its regional footprint. The new Polarcus office is located in a Class A designated building…

Global seismic vessel roundup

Jul 07, 2015

Seismic vessels are the lifeblood of global offshore exploration efforts. Jeannie Stell searches for bright spots in the current global market of seismic vessel activity.  The Sanco Sword. From Dolphin Geophysical…

Ion launches MexicoSPAN

Jul 06, 2015

ION Geophysical has launched the first phase of MexicoSPAN, encompassing more than 22,000 km of deep-imaged 2D seismic data. Combined with ION’s YucatanSPAN, GulfSPAN and FloridaSPAN programs, MexicoSPAN will deliver complete, basin-wide regional view of the Gulf of Mexico…

Spectrum, PGS, Schlumberger in Mexico MOU

Jul 02, 2015

A memorandum of understanding (MOU) has been executed for a cooperation agreement between Spectrum, PGS and Schlumberger in Mexico. The collaboration will acquire 80,000-100,000km of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mexico…

AAPG gets new president

Jul 01, 2015

John Hogg, president at Skybattle Resources in Calgary, Canada, has assumed the presidency of the American Association of Petroleum Geologists (AAPG). Hogg, a native of Hamilton, Ontario, is an AAPG honorary member who previously…

EMGS obtains data licensing agreements

Jul 01, 2015

Electromagnetic Geoservices (EMGS) entered into two new data licensing agreements for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. The agreements are worth a total of US$2 million. The multi-client revenues will be booked in the 2Q 2015…

Seeing the unseeable

Jul 01, 2015

Improved ways to gather and interpret geophysical data were highlighted at OTC. Bruce Nichols reports. Rocky Roden, consulting geophysicist for Geophysical Insights, showed an OTC session how to…

Cutting down to size

Jul 01, 2015

As the oil and gas industry reacts to the continued downturn in prices, even the seismic vessels market is taking great pains to trim the fleet and stay competitive. Elaine Maslin surveys the market. GC Rieber delivered the Polar Empress…

Realizing CCS’s potential

Jul 01, 2015

Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…

Spectrum finalizes Fugro library acquisition

Jun 30, 2015

Spectrum has finalized the purchase of Fugro's multi-client library for a cash consideration of US$115 million on a cash- and debt-free basis. The transaction has increased Spectrum’s 2D library by 115% in line km and increase its market position within 3D multi-client market…

Seabird starts Gigante seismic

Jun 30, 2015

SeaBird Exploration will now commence the Gigante survey for TGS Nopec, after receiving all necessary permits. The vessels Osprey Explorer and Hawk Explorer have commenced acquisition while Northern Explorer is currently mobilizing to Mexico…

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