Geology & Geophysics ///

Noble’s Cheetah well disappoints offshore Cameroon

Noble Energy’s Cheetah exploration well, in the Tilapia license offshore Cameroon, reached the targeted Cretaceous interval and is being plugged and abandoned. The well encountered both crude oil and natural gas shows in multiple non-commercial reservoir sands.

Statoil strikes out with wildcat south of Grane field

Statoil Petroleum, operator of production license 169, has concluded the drilling of wildcat well 25/11-28. The well was dry.

Sanctions could lead to restructuring of Russian oil and gas industry: GlobalData

While Russia is continuing to pump crude oil at record levels, producing on average 10.685 MMbpd in 2015, the continuous pressure from U.S./EU sanctions is having an impact on the strategic course of the Russian oil and gas industry, says an analyst with research and consulting firm GlobalData.

New fracing rules blocked by U.S. judge in Wyoming

New federal fracking regulations were blocked by a U.S. judge in Wyoming who said the government’s Bureau of Land Management lacks the authority to control hydraulic fracturing.

Baker Hughes launches VisiTrak geospatial navigation and analysis LWD service

Baker Hughes has announced the commercial release of its VisiTrak geospatial navigation and analysis LWD service.

IHS Inc. provides $1.25 million software to Texas Tech University

Engineering students at Texas Tech University will now have access to IHS Petra, a powerful software tool for geological, engineering and petrophysical analysis, thanks to a $1.25 million donation from IHS Inc. (NYSE: IHS), the leading source of critical information and insight.

FMC Technologies and PROSERNAT sign alliance agreement

FMC Technologies, Inc. and PROSERNAT have signed an alliance agreement to become a single source supplier of integrated modular systems and comprehensive solutions for the processing, separation and treatment of oil, water, gas and solids.

ATCE '15: Halliburton releases next-generation acoustic evaluation service

Halliburton's Wireline & Perforating business has introduced the Xaminer Sonic Service, an evolution in acoustic formation evaluation that provides operators with high-fidelity data and advanced processing capabilities to more accurately characterize a wide range of reservoirs, including those in deep water, mature fields and unconventionals.

BG Group to explore offshore Newfoundland

BG Group has acquired three non-operated positions offshore Newfoundland from Repsol.

Shell halts Arctic oil exploration campaign after wildcat disappoints

Shell has called a halt to further exploration work offshore Alaska after the company’s Burger J well, in the Chukchi Sea, failed to find meaningful quantities of oil or gas, the company said Monday.

Sustained low oil prices could reduce E&P investment: EIA

Low oil prices, if sustained, could mark the beginning of a long-term drop in upstream oil and natural gas investment.

Ikon Science launches RokDoc 6.3

Ikon Science has released the latest version of its flagship RokDoc platform: version 6.3. This release includes new modules, improvements and enhanced features, new science, technologies and usability across the platform and all the modules of RokDoc.

Croatia puts off major oil and gas deals until after election

The Croatian government postponed the signing of all oil and gas production-sharing accords until after this year’s general elections in a move that may delay concession revenue inflow.

Tethys Oil reports successful exploration well onshore Lithuanian

Tethys Oil has completed the drilling of the Tidikas-1 exploration well on the Raseiniai license onshore Lithuania, the Stockholm-based company announced Wednesday.

CGG completes depth imaging of Banda Arc survey offshore Indonesia

CGG announced Wednesday that all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery.

Landmark and Palantir Solutions form strategic alliance

Landmark, a Halliburton business line, and Palantir Solutions have formed an alliance to develop a fully integrated economics, planning and decision support framework.

Wireless Seismic announces purchase of RT System 2 by SINOPEC Geophysical Corp.

Wireless Seismic has announced the sale and delivery of its RT System 2 seismic data acquisition system to the Chinese seismic contractor, SINOPEC Geophysical Corporation (SGC), following extensive system trials in China.

TGS, APPA announce Africa stratigraphic harmonization project

TGS and the African Petroleum Producers’ Association (APPA) have signed a Letter of Intent to harmonize the stratigraphic nomenclature of the sedimentary basins of 13 countries in Africa.

Mitcham Industries announces passing of CEO

Mitcham Industries, a geophysical equipment supplier, announced Monday that Billy F. Mitcham Jr., the company’s president and CEO, has passed away.

CGG GeoSoftware donates software to Universiti Teknologi PETRONAS

CGG GeoSoftware has made a significant software donation to Universiti Teknologi PETRONAS (UTP) as part of its commitment to help train the next generation of geoscience graduates joining the energy industry.