Geoscience News

 

Predicting pore pressure by modeling shale compaction

Jul 26, 2013

Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…

CGG begins Australian survey

Jun 18, 2013

CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…

Tidal energy modelling tool

Jun 17, 2013

The Energy Technologies Institute (ETI) and HR Wallingford unveiled a tidal energy modeling tool for use by tidal energy developers to identify the most efficient sites for tidal energy converters, tidal arrays, or tidal barrage schemes around the UK and French coastlines…

EMGS receives LOI for contract extension in Asia

Jun 12, 2013

Electromagnetic Geoservices ASA (EMGS) received a Letter of Intent (LOI) for an extension to the ongoing USD $35 million contract in Asia. The value of the contract extension is at least USD $15 million, which brings the total contract value to a minimum of USD $50 million…

Chariot extends Morocco licenses

Jun 11, 2013

Chariot Oil & Gas Ltd and the Office National des Hydrocarbures et des Mines (ONHYM) agreed to a six month extension for the first phase of exploration on the Loukos, Casablanca and Safi licences, off Morocco. The license will now extend until January 11 2014…

Modeling software

May 24, 2013

Aberdeen-based Senergy Software rolled out a followup to its geosciences-specific Oilfield Data Manager 3.8 (ODMTM) software. Version 3.8 features an improved user interface and comes equipped with new heatmap and analysis sticks features…

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…

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