Geoscience News

 

Southeast Barents could contain 2 billion bbl reserves

Dec 07, 2015

The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…

KrisEnergy spuds Mustika-1

Dec 07, 2015

KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…

EMGS sells Brazil EM data

Dec 04, 2015

Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.

EHL enters extension period

Dec 02, 2015

Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…

Polarcus takes XArray offshore Auz

Dec 02, 2015

Polarcus recently completed its first commercial project offshore Australia utilizing the revolutionary XArray in a five source configuration known as Penta source. With XArray Penta source we are achieving unparalleled data density at 6…

Real-time seismic hazard monitoring with PRM

Dec 01, 2015

The recent integration of automated real-time seismic hazard detection is the latest development furthering the argument for permanent reservoir monitoring. Aaron Smith, of PGS, sheds light. Fig…

Painting a moving picture

Dec 01, 2015

Heather Saucier investigates how microseismic monitoring is being used for monitoring field conditions in real time and helping to build better models. Landmark’s 3D models can use reservoir monitoring to improve performance prediction…

Benthic wins Browse job

Nov 23, 2015

Geosciences company Benthic has been awarded two contracts by Woodside to undertake offshore geotechnical site investigations for the proposed Browse floating liquefied natural gas (FLNG) development and the Greater Enfield development located off the coast of Western Australia…

Portugal exploration opportunities eyed

Nov 23, 2015

TGS is reprocessing some 22,847km of 2D seismic offshore Portugal thanks to success in the conjugate offshore Newfoundland and Nova Scotia.   This project, which uses TGS' broadband solution Clari-Fi, is now fully underway, said the firm…

Paradigm releases Geolog 7.4, app

Nov 20, 2015

Paradigm released Paradigm Geolog 7.4, the latest version of its Geolog formation evaluation software suite.   Geolog 7.4 offers engineering functionalities that expand the product's reach into additional phases of the production cycle…

Polarcus wins Egypt work

Nov 20, 2015

Polarcus has announced it has signed a contract with an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND technique for broadband data acquisition. The project will commence in Q4 2015 and run for approximately two and a half months.

BG Group, Woodside start Myanmar seismic

Nov 20, 2015

Two seismic acquisition campaigns are due to start offshore Myanmar in coming weeks according to reports of a notice in state media from the country. UK-based BG Group and Australia’s Woodside Energy will both start 3D campaigns later this month using the Ramform Sovereign and Ramform Titan…

TGS cuts staff, revalues some multi-client data

Nov 17, 2015

Geocsience firm TGS is to cut staffing by a further 130, or 16%, after continuing to review its cost base amid the ongoing weak market conditions. Image from TGS. The firm says…

Polarcus completes Capreolus 3D

Nov 13, 2015

The Capreolus 3D multi-client project, the largest single 3D seismic survey ever acquired offshore Australia was recently completed by Polarcus ahead of schedule after a successful 11 month acquisition campaign.  This basin-wide broadband…

TGS, PGS complete Newfoundland Labrador seismic

Nov 12, 2015

TGS completed the fifth consecutive acquisition season offshore Newfoundland Labrador in partnership with PGS.  The successful 2015 season was the biggest yet with the acquisition of over 27,000km of 2D multi-client seismic data and two multi-client 3D surveys…

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