Geology & Geophysics ///

Norwegian Petroleum Directorate releases 2017 resource report

The significant remaining resources in discoveries and fields make it possible to create values for the Norwegian society for many decades to come, according to the Norwegian Petroleum Directorate’s new report.

Schlumberger completes multi-purpose vessel seismic acquisition survey in Malaysia

Schlumberger has announced that WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multi-purpose vessel (MPV)—a first in the industry.

Core analysis and review confirms Cambay potential in India

Oilex Ltd. is pleased to announce that the C-23z core analysis has been completed. The analysis, by Schlumberger and Baker Hughes has confirmed that the EP-IV tight siltstones at Cambay can be effectively stimulated, and that commercial gas flowrates are potentially achievable.

LIFE 2017: Data-sharing necessary to realize true value of E&P industry’s ‘digital twin’

Though the foundation of the E&P industry is to find and produce oil and natural gas, the most valuable resource in today’s oil business may now be the data that companies collect in the midst of hydrocarbon extraction, as postulated today at Halliburton’s Landmark Innovation Forum and Expo in Houston.

FairfieldNodal to acquire UK-based provider of marine geopysical services

FairfieldNodal has announced that it is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the UK.

Microsoft, Halliburton announce digital transformation partnership

HOUSTON -- Microsoft and Halliburton today announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine Microsoft's expertise in cloud and digital transformation with Halliburton's exploration and production (E&P) science, software and services.

Probe Technologies announces partnership with Turnbridge Capital

Probe Technologies Holdings, Inc., a supplier of logging and reservoir monitoring technology to the global oil and gas and geothermal industries, announced that Turnbridge Capital has completed a growth recapitalization of the company alongside its experienced management team.

Empyrean Energy provides update on Dempsey well in California's Sacramento basin

Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has been informed by Sacgasco Limited, the operator of the Dempsey 1-15 well in the Sacramento basin, onshore California, that the field appraisal drilling component of the Dempsey 1-15 well has been successfully concluded.

SEG announces results of 2017-2018 board of directors election

The Society of Exploration Geophysicists (SEG) today announced results of its 2017-2018 board of directors election.

Highlands Natural Resources provides update for East Denver Niobrara project

Highlands, the London-listed natural resources company, has announced that it has successfully drilled and set surface casing in both the Wildhorse 5-64 15-16-1BHZ and Powell 5-64-15-16-1CHZ wells.

Victoria Oil & Gas provides update on Logbaba drilling operations in Cameroon

As of Aug. 16, Well La-107 has been successfully drilled to its planned TD of the 6-in. hole section at 3,180 m MD (3,166 m TVD) where the base of the Logbaba formation was encountered.

Rockhopper Exploration provides Abu Sennan drilling campaign update

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, has provided the following update concerning the Abu Sennan drilling concession, onshore Egypt.

Azinor Catalyst spuds well on Partridge Prospect in the UK North Sea

Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, is pleased to announce that the 14/11a-2 well on the Partridge Prospect, was spudded at approximately 6:30 a.m. on Aug. 15, 2017, using the Ocean Guardian semisubmersible drilling rig.

TGS and iLandMan integrate land and well data systems

Oil and gas software firm iLandMan is now offering nationwide well data and status information thanks to a new integration with geoscience data company TGS.

BNK Petroleum reports completion of fracture stimulation in Oklahoma's SCOOP

BNK Petroleum Inc. has announced the completion of the fracture stimulation of the Hartgraves 1-6H well (100% working interest), which is located in BNK’s Tishiminogo field, in the SCOOP region of Oklahoma.

Zambia commissions first oil survey

President Edgar Changa Lungu heralded the beginning of Zambia’s new oil industry, when he commissioned the launch of a full tensiometer survey by Tullow Oil in Luapula province. The survey is the first of its kind to be undertaken in Zambia.

GeoPark, Wintershall strike oil in Neuquen basin, Argentina

GeoPark Limited and Wintershall Energía S.A., a subsidiary of the BASF group, the fourth-largest gas producer in Argentina with over 15 blocks, have announced the discovery of a new oil field in the CN-V block (GeoPark 50% WI, Wintershall 50% WI) in the Neuquen basin, Mendoza Province of Argentina.

Petrobras discovers oil accumulation in Campos basin pre-salt layer

Petrobras has reported the discovery of oil accumulation in the Campos basin’s pre-salt layer, in the area of Marlim Sul field.

Teledyne CARIS releases new version of Bathy DataBASE

Teledyne CARIS has announced the release of Bathy DataBASE (BDB) 4.4. This new version addresses the important areas of feature generalization and automation of product generation for chart compilation, as well as the increasing emphasis on bathymetric Lidar surveys.

ION acquires first seismic survey offshore Panama in 30 years

ION Geophysical Corporation has announced acquisition is in progress on a new 2D multi-client program offshore Panama. Supported by industry funding, this is the first seismic survey acquired there in approximately 30 years.