Geology & Geophysics ///

Wintershall expands portfolio in Argentina

Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round. In addition to the CMA-1 exploitation concession, with this award, the company will participate in further offshore exploration projects in Argentina.

COGA: Governor Polis signs SB 181 into law

Governor Jared Polis signed Senate Bill 181 into law, granting new authority to local governments to regulate oil and natural gas development and signifying the beginning of a lengthy rulemaking process.

Equinor wins seven exploration blocks offshore Argentina

Equinor adds seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina.

Majors step up to bid on Argentina offshore acreage

Argentina's first national offshore licensing round was held yesterday, April 16, 2019, in Buenos Aires.

ExxonMobil wins three blocks in Argentina offshore bid round

ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B.V. and an affiliate of Qatar Petroleum won three exploration blocks during Argentina’s first offshore bid round.

Colorado Petroleum Council responds to Senate Bill 181 being signed into law

Governor Jared Polis signed Senate Bill 181 into law. Governor Polis’ signature follows the measure’s passage through the Colorado legislature on April 3, 2019.

Premier Oil has made successful well test of Zama discovery

Premier notes the press release by Talos Energy, the operator of Block 7 offshore Mexico, announcing the successful drill stem test (DST) of the Zama-2 side track well (Zama-2ST1).

Energean reports >1 Tcfg discovery at Karish North

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that the Karish North exploration well has made a significant gas discovery.

Acteon adds significant geotechnical, geophysical survey capabilities with Benthic acquisition

Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic.

U.S. Chamber’s Global Energy Institute support's Trump's executive order on energy infrastructure

Christopher Guith, acting president of the U.S. Chamber’s Global Energy Institute, issued the following statement regarding President Trump’s Executive Orders on energy infrastructure signed today.

Donald Trump's executive action speeds critical energy infrastructure

Toby Mack, president and CEO of the Energy Equipment & Infrastructure Alliance (EEIA), has praised President Trump for signing executive orders to support development of critically-needed energy infrastructure.

CGG completes 2D survey offshore Gabon

Acquisition of CGG’s 6,089.44 mi (9,800 km) long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed.

New products and services

Michele Cowart, World Oil

CGG’s GeoSoftware, part of its Geoscience Division, has launched Jason 10.0, HampsonRussell 10.4 and PowerLog 10.0.

Innovative thinkers

Michele Cowart, World Oil

Susan Agar: Resilience transcends the boundaries of progress

Permian Basin's future depends on the Reservoir Study Group, or "really smart guys"

Scott Hodges, a 57-year-old manager with Occidental Petroleum Corp., runs a cluster of installations at the Hobbs oil field, where dozens of wells don’t pump a single barrel of oil but instead do the opposite: push stuff -- lots of it -- into the ground.

Multiple Sclerosis Society seeks to raise funds by selling Permian mineral rights

The National Multiple Sclerosis Society is seeking a buyer for mineral rights on 192 net acres in the oil-rich Permian Basin of West Texas, according to an online posting Wednesday.

Colorado oil industry gets overhaul by regulators

Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions.

Gazprom Neft, IBM Research Brazil enhance geological processing with AI

More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,

ConocoPhillips' North Sea assets gain interest from Chrysaor

Chrysaor Holdings Ltd. has expressed an interest in ConocoPhillips' North Sea assets after earlier discussions with U.K. billionaire Jim Ratcliffe collapsed, according to an anonymous source.

Navigation Powder River uncovers record well result in the Powder River basin

Navigation Powder River, sponsored by certain investment funds managed by Juniper Capital Advisors, L.P., has announced record initial production from the Jacob Federal 1-42-73-3H well in the Powder River basin (PRB).