Geology & Geophysics ///

Lundin spuds wildcat on Morkel prospect in northern North Sea

Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has commenced drilling of exploration well 33/2-2S in PL579.

Polarcus wins 3D survey offshore Egypt

DUBAI -- Polarcus has received an award from an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus' RightBAND technique for broadband data acquisition.

UK’s Forum Energy granted force majeure amid China, Philippines dispute

Forum Energy confirmed Monday that the Philippine Department of Energy had granted a force majeure on Service Contact 72 because this contract area falls within the territorial disputed area of the West Philippine Sea, which is the subject of a UN arbitration process between the Philippines and China.

Eirik Raude arrives in Falklands for drilling campaign

Ocean Rig's Eirik Raude has arrived in the North Falkland basin (NFB) ahead of a six-well campaign, Rockhopper Exploration has reported.

Kosmos Energy wildcat disappoints offshore Morocco

Kosmos Energy’s CB-1 exploration well, in the Cap Boujdour permit area offshore Western Sahara, has encountered hydrocarbons. The well penetrated approximately 14 m of net gas and condensate pay in clastic reservoirs over a gross hydrocarbon bearing interval of approximately 500 m. The discovery is non-commercial, and the well will be plugged and abandoned.

CGG kicks off Davros survey in Northern Carnarvon basin

CGG has started acquiring the Davros 3D BroadSeis and BroadSource multi-client survey in the Northern Carnarvon basin on the North West Shelf of Western Australia.

Belzona pioneers multipurpose metal repair system for oil contaminated and wet surfaces, even underwater

One of the major challenges faced by maintenance engineers across many industries is the extremely limited amount of time in which an urgent repair, such as a pipe or tank leak, must be carried out.

Gazprom Neft drilling unconventional targets in Bazhenov formation

Gazprom Neft has completed testing of four directional wells to investigate reserves within the Bazhenov formation within the southern area of Priobskoye field.

CGG to cut about 400 jobs after reporting $1.2 billion net loss

CGG, the oil field seismic surveyor that rejected a takeover approach last year by Technip, reported a net loss of $1.2 billion in 2014 after a writedown for restructuring costs and an impairment on marine assets.

SD Mines raises $1.4 million for Energy Resources Initiative

The South Dakota School of Mines & Technology has announced that $1.4 million has been raised for its new Energy Resources Initiative, and the search will begin for a Director.

Elsevier launches Geofacets Mexico, providing competitive edge to Mexico’s oil & gas block bidders

Elsevier has launched Geofacets Mexico, a special edition of Geofacets, designed to give oil and gas companies a competitive advantage in completing Mexico’s oil and gas block bidding.

Great Plains Well Logging selects Paradigm Geolog as its petrophysical software platform

Great Plains Well Logging, Inc. has selected the Paradigm Geolog formation evaluation software suite as its corporate standard for petrophysical analysis, replacing a competitive software package.

Atlantic Petroleum inks farm-down agreement with Statoil on PL602

Atlantic Petroleum has announced that the company has entered into a commercial farm-down agreement with Statoil Petroleum related to the PL602 license.

Freeport-McMoRan reports successful production test on Highlander well

Freeport-McMoRan Inc. has announced the results of additional production testing on Freeport-McMoRan Oil & Gas’s (FM O&G) Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend.

BSEE, BOEM issue proposed regulations for drilling offshore Alaska

The Bureau of Safety and Environmental Enforcement and the Bureau of Ocean Energy Management released proposed regulations for future exploratory drilling on the U.S. Arctic Outer Continental Shelf on Friday.

Chariot Oil & Gas commences 2D seismic survey off Namibia

Chariot Oil & Gas has commenced a 2D seismic survey of approximately 1,700 km in Central Blocks 2312 and 2412A offshore Namibia.

Alberta fracing quake fears prompt tougher rules for shale area

Shale producers in Alberta’s Duvernay region are being asked to monitor and prevent earthquakes after regulators linked a series of seismic events over the last two months to hydraulic fracturing.

TGS extends Declaration Multi-WAZ survey in Gulf of Mexico

TGS has extended its Declaration Multi-WAZ survey in the Mississippi Canyon and DeSoto Canyon protraction areas of the Gulf of Mexico.

Genie Energy subsidiary spuds exploratory well in Israel’s Golan Heights

NEWARK, New Jersey -- Genie Energy Ltd., an oil and gas exploration company and retail energy provider, said Tuesday that its Afek subsidiary has spudded its first exploratory well in the Golan Heights region of Northern Israel.

HHI hands over world’s largest cylindrical FPSO to Eni

SEOUL, Korea -- Hyundai Heavy Industries (HHI) has announced that Goliat FPSO, the world’s largest cylindrical FPSO ordered by Eni Norge, has sailed away from its yard.