Geology & Geophysics ///

USGS estimates 8.5 Bbbl of oil in Texas’ Eagle Ford Group

The Eagle Ford Group of Texas contains estimated means of 8.5 Bbbl of oil, 66 Tcf of natural gas, and 1.9 Bbbl of natural gas liquids, according to a new assessment by the U.S. Geological Survey. This estimate consists of undiscovered, technically recoverable resources in continuous accumulations.

Still plenty of discoveries to be made on the Norwegian shelf, NPD says

The Norwegian Petroleum Directorate (NPD) has published the 2018 Resource Report for Exploration. The report shows that production of oil and gas will increase going forward – but that new and larger discoveries have to be made in order to maintain the same level after the mid-2020s.

Oil explorers get best results in Norway since 2010 bonanza

Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade.

Echo Energy reports significant oil discovery in Argentina

Echo Energy plc, the Latin American focused upstream oil and gas company, has announced that a significant light oil column has been interpreted in its third well, onshore Argentina.

Exxon, Hess report eighth oil discovery offshore Guyana

ExxonMobil announced that it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.

SDX Energy reports gas discovery in Egypt's South Disouq Concession

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).

Rockhopper Exploration provides update on operations in Egypt

Rockhopper Exploration, the oil and gas company with key interests in the North Falklands basin and the Greater Mediterranean region, has provided the following operational and corporate update in relation to its Egyptian portfolio.

Empyrean Energy completes oil migration study offshore China

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the U.S., has announced that a comprehensive oil migration study encompassing China's Block 29/11, for which it holds 100% exploration rights, has now been completed and has established potential oil migration pathways into the Jade, Topaz and Pearl prospects.

Rice University engineers advance NMR models for oil and gas

New work by Rice University chemical engineers may make it easier to characterize unconventional oil or gas shale formations.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

Oil play ditched years ago draws EOG, Conoco as Permian fallback

The next frontier for U.S. oil’s resurgence may come on familiar terrain.

CGG delivers final PSTM products for Dunquin multi-client survey, west of Ireland

CGG has completed the Pre-Stack Time Migration (PSTM) of its 2,500-km2 Dunquin multi-client survey acquired in Block 44 of the Porcupine basin, west of Ireland, in 2017.

Corridor Resources to suspend work on Old Harry Project, in the Gulf of St. Lawrence

Corridor Resources Inc. has announced that it has completed its integrated geotechnical analysis of the Old Harry prospect comprised of data from a controlled source electromagnetic survey (CSEM) and reprocessed two dimensional (2D) seismic. Old Harry is a large (43,000-acre), undrilled structure with four-way closure located in approximately 470 m of water in the Gulf of St. Lawrence, straddling the border of Newfoundland and Quebec.

CGG completes multi-client survey in Zambezi Delta basin, Mozambique

CGG has completed acquisition of 15,400 km2 of 3D marine seismic data in the outer Zambezi Delta basin, west of the Beira High. The survey area covers blocks Z5-C and Z5-D and surrounding non-held acreage.

Boosting the power of Big Data for completions

Piyush Pankaj, Samir Menasria, Abhishek Sharma, Priyavrat Shuklaj, Tobias Judd, Schlumberger; Steve Geetan, Richard MacDonald, EP Energy Corporation

Predictive proxy model uses data analytics, reservoir characterization to streamline completion optimization

TGS, PGS announce more 3D multi-client acquisition offshore East Canada

TGS and Petroleum Geo-Services (PGS) announce that a second vessel, the Ramform Sterling, will be allocated to the 2018 East Canada acquisition program.

Searcher Seismic completes 3D reprocessing project offshore Papua New Guinea

Searcher Seismic has announced the expansion of its modern, high-quality and exploration focused seismic, magnetic and geochemical focused production offerings offshore Papua New Guinea with the completion of the Laurabada UltracubeTM 3D reprocessing project.

Equinor reports discovery at Utsira High, northwest of Johan Sverdrup

Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 license at the Utsira High in the North Sea. The discovery is currently estimated to contain 15-35 MMbbl of recoverable oil equivalent.

TGS announces its seventh onshore seismic project for 2018

TGS announces its seventh onshore seismic project for 2018, Dawson Phase II 3D seismic survey in Canada.