"Seismic" News

What is the lay of the land as TGS is turfed off?

Oct 26, 2010

All dressed up and nowhere to go is never a good feeling. But that's exactly what has just happened to − of all companies − TGSNopec. The acknowledged maestro of the multiclient seismic survey business last month put out a terse statement that…

Established players look to their laurels

Sep 01, 2010

Andrew McBarnet suggests that the major marine seismic players are favourites to win in a crowded market.You would never realise it from the current crop of financial results and muted forward-looking statements from CEOs of marine seismic vessel operators…

Spill spells trouble for seismic

Jun 12, 2010

Andrew McBarnet forecasts some damaging consequences for marine seismic operations offshore the US as a result of the Deepwater Horizon disaster.The enormity of the blow-out and sinking of the Deepwater Horizon drilling rig at the BP Macondo…

Putting seismic in perspective

Jul 09, 2010

Andrew McBarnet provides a commentary on seismic matters at the EAGE's Annual Meeting held in Barcelona last month.The European Association of Geoscientists & Engineers (EAGE) can rarely be faulted for its choice of venue for its annual meetings…

Sizing up the seismic options

May 20, 2010

Operating in the marine seismic environment requires the ability to constantly adapt and chase down the opportunities. Andrew McBarnet describes how fortunes tend to favour the big rather than the brave.It’s business as usual’ has got to be something of a misnomer in commercial life…

Eastern Mediterranean ready to reveal its sub-salt secrets

Mar 03, 2010

With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Here, Øystein Lie, Thore Sortemos and Per Helge Semb…

Measuring the success of EM

Mar 09, 2010

A small test offshore Norway could spark a new flame of interest in offshore electromagnetic survey (EM) technology. Andrew McBarnet explains.Last year you could sense the despondency affecting the two principal proponents of marine controlled source electromagnetic (CSEM) surveys…

Circling around Arctic prospects

Feb 09, 2010

Offshore Arctic seismic exploration is not getting quite such a cold reception these days. Andrew McBarnet explains why.Frozen assets take on a whole new meaning when it comes to considering the purportedly huge oil and gas reserves in the Arctic Ocean region…

No seismic shift in 2010

Jan 05, 2010

The marine seismic industry chalked off 2009 as a year to forget, but Andrew McBarnet suggests that 2010 won't be a whole lot better.Making predictions is a mug's game. We all know it, but we all do it. And if you're in a business like marine seismic…

ION presents a Chinese puzzle

Dec 15, 2009

Major players in the marine seismic market are playing it cool, but there must be some apprehension about the impact of recent moves by the Chinese contractor BGP. Andrew McBarnet reviews the plot so far.The Houdini act performed by ION…

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