Geology & Geophysics ///

Premier Oil suspends Falklands well on BOP problem

Premier Oil’s Isobel Deep exploration well offshore the Falkland Islands has been temporarily suspended, Falkland Oil and Gas Limited, a partner in the well, reports.

Scientific Drilling acquires Marksman Ranging Technologies

Scientific Drilling International (SDI), an independent directional drilling and wellbore placement services company, has acquired Marksman Ranging Technologies.

Domino could trigger knock on effect for Black Sea investment, Wood Mackenzie says

Wood Mackenzie has presented its latest analysis of the competitiveness of Black Sea deepwater developments and the significant Domino discovery, which look set to dramatically influence the region’s gas supply dynamics and corporate landscape, at the annual BBSPA conference in Vienna.

Pennsylvania's Lackawanna College invests in virtual well control training system

Check-6's Well Control VI (Virtual Instructor) training system has been purchased by Lackawanna College School of Petroleum & Natural Gas through a $150,000 technology grant from the Pennsylvania Department of Labor & Industry Bureau of Workforce Investment Administration. The system will be installed at the New Milford, Pennsylvania-based college by the end of Fall 2015.

Fugro commissions additional airborne laser bathymetry system for South West Pacific survey campaign

Fugro has commissioned an additional airborne laser bathymetry system to underpin its leading position in the development and application of bathymetric LiDAR technology.

ConocoPhillips deepwater wells disappoint offshore Angola, Gulf of Mexico

ConocoPhillips has struck out with two exploration wells, one offshore Angola and the other in the Gulf of Mexico, the company announced Wednesday.

CGG acquires Taurus Reservoir Solutions

CGG announced Wednesday that its GeoConsulting Business Line has acquired Taurus Reservoir Solutions Ltd., based in Calgary, Alberta. Taurus offers reservoir and geomechanical simulation and engineering technology along with consulting services to the global petroleum industry.

Norway launches expanded licensing round

OSLO, Norway -- Norway’s Ministry of Petroleum and Energy has announced this year’s licensing round for the geologically well know areas on the Norwegian Continental Shelf—Awards in Predefined Areas (APA) 2015.

Repsol in Algerian gas discovery

Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria.

Petrobras discovers onshore oil in Espírito Santo basin

Petrobras has discovered an onshore oil accumulation in the Espírito Santo basin.

Petrobras reports new Amazon basin discovery

Petrobras has discovered a new oil and gas accumulation in the Amazon basin, Block AM-T-84.

BG Norge strikes out near Knarr field

BG Norge AS, operator of production license 373 S, is completing the drilling of exploration well 34/3-5, located approximately five km southeast of Knarr field in the Northern North Sea. The well is dry.

Petrobras confirms productivity of Sergipe basin’s Farfan reservoirs

Petrobras has completed its formation test on well 3-BRSA-1286-SES, in concession BM-SEAL-11, in the ultra-deep waters of the Sergipe-Alagoas basin.

ONGC breaks with Big Oil to invest $176 billion to increase reserves

India’s Oil & Natural Gas Corp., grappling with aging fields, is prepared to sacrifice profits by retaining a plan to pump 11 trillion rupees ($176 billion) into a search for reserves despite the slump in crude.

TGS, Dolphin to conduct survey in Western Barents Sea

TGS has signed a joint venture agreement with Dolphin Geophysical to acquire 4,500 km2 of 3D multi-client seismic data over the western part of the Hammerfest basin in the Barents Sea.

Gazprom Neft continues evaluating Siberian fields

Gazprom Neft has begun the drilling of three exploratory wells at its Chonsky project in Eastern Siberia—one each at its Ignyalinsky, Vakunaysky and Tympuchikansky fields.

Southern England oil discovery estimates wildly optimistic, GlobalData says

The recent announcement by UK Oil & Gas Investments that there could be up to 100 Bbbl of oil onshore beneath the South of England, following its discovery at a well near Gatwick airport, is wildly optimistic, says an analyst with GlobalData.

Polarcus marks halfway point on Capreolus survey

Polarcus has reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever acquired offshore Australia, the company announced Monday.

TGS cuts 10% of workforce in cost reduction program

TGS has announced a cost reduction program, which will include cutting more than 10% of the company’s global workforce, in response to the deterioration of the market for seismic data seen in the first quarter of 2015.

BOEM kicks off formal review of Shell's Arctic drilling plan

The U.S. Bureau of Ocean Energy Management (BOEM) deemed Shell Gulf of Mexico, Inc.’s revised multi-year Chukchi Sea exploration plan (EP) as ready for a formal review Friday and invited the public to submit their views on the plan.