Geology & Geophysics ///

Pacific to sell stake in Santos basin blocks to Karoon

Pacific Exploration & Production has reached an agreement to sell its 35% working interest in five concession agreements—S-M-1101, S-M-1102, S-M-1037, S-M-1165 and S-M 1166—in Brazil’s Santos basin to Karoon Gas Australia.

Schlumberger releases new well test design and interpretation software

Schlumberger has announced the release of GeoTesting geology-based well test design and interpretation services.

Gazprom discovers new gas field on Sea of Okhotsk shelf

MOSCOW – Gazprom has reported a new gas and condensate field in the Sea of Okhotsk, near Russia’s Sakhalin island.

Canacol Energy doubles natural gas drilling activity in Colombia

Canacol Energy has revised its capital plan for 2016. The new capital plan accelerates the corporation's natural gas opportunities in Colombia, with three new gas wells.

CGG completes Phase 1 processing for Davros multi-client survey in northern Carnarvon basin

CGG announced today that the final pre-stack depth-migrated data for Phase 1 of its Davros 3D BroadSeis and BroadSource multi-client survey in the northern Carnarvon basin on the North West Shelf of Western Australia is available now.

Shell Canada strikes out in Shelburne basin

Shell Canada, operator of the Shelburne basin joint venture exploration project, has advised that the drilling of the first exploration well has been completed and is non-commercial.

CGG delivers 38,000 sq km of seismic data ahead of Mexico’s licensing round

CGG said Tuesday that the Fast Trax Reverse Time Migration (RTM) data from its Encontrado multi-client mega-merge project, covering the Perdido fold belt, has been delivered on time to the industry and the Comision Nacional de Hidrocarburos (CNH) ahead of Mexico’s December licensing round.

Junex's Galt No. 4 well delivers historical results in Quebec

Junex Inc. has announced that long-term oil production testing of its Galt No. 4 horizontal well continues to deliver strong results.

Eni connects Tunisia’s Laarich East-1 well to production

Eni has resumed exploration activities onshore Tunisia in the Sahara desert, approximately 700 km south of Tunis.

Three new oil sands developments receive initial approval following Regulator review

Three new proposed oil sands developments have cleared an important early step in the regulatory process.

ENGIE's Cara prospect proves pay offshore Norway

Tullow Oil announced Friday that the drilling and testing of the Cara prospect, in license 636 in the Norwegian North Sea, has been completed.

Tap Oil completes drilling of appraisal well MNA-17 in the Northern Gulf of Thailand

Mubadala Petroleum, Operator of the Manora Oil Development joint venture, has advised that drilling of the MNA-17 well, in the Northern Gulf of Thailand, has now been completed.

Netherlands approves stricter caps at Groningen gas field

Europe’s largest natural gas field may only produce less than half of what it did four years earlier as the Netherlands seeks to reduce the risk of earthquakes linked to output.

Eni enters Montenegro’s upstream with award of four blocks

Eni has signed a Concession Contract with the government of Montenegro related to the exploration of four blocks in the country’s offshore.

Wintershall in discovery near North Sea’s Vega field

Wintershall Norge, operator of production license 248 F, is in the process of completing the drilling of four wells in the North Sea.

Integrated datasets hold the key to unravelling petroleum prospectivity

David Spofforth, Jo Firth, CGG

The search for hydrocarbons has spanned vast areas of the globe. Despite many successes, entire basins and plays have been deemed unprospective, perhaps prematurely, based on single well results, or poor-quality seismic data.

New products and services

Emily Snyder, World Oil

New products and services

PGS, TGS jointly acquire Dolphin Multi-Client library

PGS and TGS-NOPEC Geophysical Company have jointly agreed principal terms and conditions for the purchase of a majority of the Multi-Client library of Dolphin UK Ltd. PGS and TGS will make this purchase on a 50/50 basis.

Total strikes out with HPHT Solaris wildcat in North Sea

Total Norge, operator of production license 618, is in the process of completing the drilling of exploration well 1/5-5. The well, on the HPHT Solaris prospect in the North Sea, is dry.

TGS in exclusive commercial well log agreement with ANCAP in Uruguay

The Ministry of Industry, Energy and Mining of the Republic of Uruguay has been authorized by the President of the Republic to allow the Administración Nacional de Combustibles, Alcoholes y Portland (ANCAP) to contract directly with TGS for the purpose of standardization and commercialization of a multi-client well data program for exploration wells in Uruguay.