Geology & Geophysics ///

Quadrant Energy reports successful well test offshore Western Australia

Successful Well Test in Bedout Basin Offshore Western Australia

Geophysical Insights licenses seismic attribute technology from AASPI Consortium

The Attribute Assisted Seismic Processing & Interpretation (AASPI) Consortium at the University of Oklahoma and Geophysical Insights, headquartered in Houston, Texas, have announced a major cooperative agreement.

Using reservoir modeling data for improved investment returns

The first stage of the Big Loop solution—when applied to the Norwegian field—involved the setting up of a repeatable and automated workflow that enabled the construction of a geo-cellular model.

CGG releases enhancements to reservoir characterization software

CGG GeoSoftware has announced a series of new software releases across its reservoir characterization product portfolio.

Faroe Petroleum reports discovery in Norwegian Sea

LONDON -- Faroe Petroleum has reported an oil and gas discovery at the Njord North Flank in the Norwegian Sea.

CGG and Wood Mackenzie release exploration valuation platform

Launched today, the EV2 decision support platform enables oil and gas clients to determine the value of undrilled exploration acreage in the world’s most prospective basins.

Sercel sells 10,000 UNITE nodes to Serbia's NIS

Sercel has sold 10,000 channels of its high-end UNITE cable-free land seismic acquisition system to NIS, a Serbian oil and gas company in which Gazprom Neft has a majority shareholding.

Newfield CEO sees cautious approach on ‘huge’ Oklahoma oil find

Don’t expect a major ramp-up of oil production in Oklahoma’s hot new shale plays any time soon, even as companies invest billions of dollars in the region, said Newfield Exploration Co.’s CEO.

API highlights importance of Gulf seismic surveys and BOEM environmental report

Offshore Senior Policy Advisor Andy Radford today highlighted the importance of seismic surveys in the Gulf of Mexico and the potential significance of the Bureau of Ocean Energy Management’s (BOEM) recently released Draft Programmatic Environmental Impact Statement (PEIS).

Falcon Oil & Gas JV reports discovery in Australia's Beetaloo basin

Falcon Oil & Gas Ltd. has announced that Origin Energy Resources Limited, the company's Joint Venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources (DPIR) of the Northern Territory, Australia on the A mungee NW - 1H well in the Beetaloo basin, Australia.

Searcher Seismic starts survey offshore Papua New Guinea

Searcher Seismic has commenced acquisition of the 11,000 km Hahonua 2D seismic survey offshore Papua New Guinea.

New products and services

Emily Querubin, World Oil

New products and services

BP exits frontier exploration project offshore Australia

BP has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well.

Sasol completes first-ever onshore 3D seismic campaign in Mozambique

Sasol recently announced the completion of the first-ever 3D onshore seismic program in Mozambique.

Statoil cleared to drill four survey wells at Johan Sverdrup

Statoil has received consent to drill four survey wells at Johan Sverdrup field, Petroleum Safety Authority (PSA) Norway said Monday.

Karoon to explore in Great Australian Bight

Karoon Gas Australia has been awarded a license for exploration permit EPP46. The permit covers 17,793 km2 of Australia’s most active and prospective frontier oil province, the Ceduna sub‐basin, in the Great Australian Bight (GAB), offshore South Australia.

Searcher Seismic completes Buscador survey offshore Mexico

Searcher Seismic has completed acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico.

Fugro, CGG JV nabs $60-million ADNOC contract

Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a new extension to its ongoing shallow water operations in the United Arab Emirates.

CGG acquires Saturno multi-client survey over Santos basin, offshore Brazil

CGG announced the start of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy. The project is designed to make ultramodern seismic datasets available as quickly as possible to support each phase in the pre-salt evaluation process in anticipation of Brazil’s next pre-salt licensing round.

Caelus reports 6 Bbbl discovery on Alaska’s North Slope

Caelus Energy Alaska has announced a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska.