Geology & Geophysics ///

Sercel delivers five 508XT acquisition systems to ONGC in India

Sercel has announced the successful delivery of five of its state-of-the-art 508XT seismic acquisition systems to India’s national oil company, ONGC.

South Australia offers Cooper-Eromanga and Otway basins acreage licensing

Five (5) new petroleum exploration licenses (PEL) in the Cooper Basin and three (3) new petroleum exploration licenses in the Otway Basin are being offered by the South Australian Government on the basis of work program bidding.

Supermajors lead the way in high impact exploration

The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group.

Brazil's ANP identifies opportunity to postpone oil and gas auctions in 2019

There is room to discuss postponement of at least one oil and gas auction in 2019.

MOL Norge AS completes drilling of wildcat southwest of Trym field

MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.

Brazil wants to double gas outflow from pre-salt formation

New routes to deliver the natural gas produced in the pre-salt could require $2 billion in investments, according to the Energy Research Company (EPE).

Ukraine announces massive licensing rounds in 2019

Ukraine has outlined terms for a series of oil and gas licensing rounds with acreage of nearly 25,000 km2.

TGS and PGS announce Torngat 3D offshore East Canada

TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada.

Fugro supports two ocean mapping initiatives with large crowd sourced bathymetry contribution

Fugro recently contributed more than 110,000 km2 of high-resolution bathymetry data in the North Atlantic Ocean to help improve the quality and coverage of seabed mapping in the region.

TGS to acquire Spectrum in all stock transaction

TGS-NOPEC Geophysical Company ASA has announced that it has agreed on the principle terms for the acquisition of Spectrum ASA, creating a leading provider of 2D and 3D seismic data for $422 million (NOK 3,671 million payable in third-quarter 2019 (expected to be early August 2019).

Elsevier supports the American Association of Petroleum Geologists’ 2019 Imperial Barrel Award program

Elsevier, the global information analytics business specializing in science and health, will be one of five Diamond Sponsors of the 2019 Imperial Barrel Award (IBA), an annual prospective basin evaluation competition for geoscience graduate students worldwide, jointly managed by the American Association of Petroleum Geologists (AAPG) and the AAPG Foundation.

TGS announces the launch of its new well log prediction tool Analytics Ready LAS (ARLAS)

TGS-NOPEC Geophysical Company (TGS) today announced the release of its new well log prediction tool – Analytics Ready LAS (ARLAS).

Gyrodata shares three ways Gyro Surveying tools contribute to greater operational efficiency

Commonly called gyros, gyroscopes are very cool and have special properties that make them invaluable for many things including their use in downhole oil and gas applications.

CGG begins first multi-client ocean bottom node survey in Mississippi Canyon, Gulf of Mexico

CGG is pleased to announce commencement of its first multi-client ocean bottom node (OBN) survey, taking CGG’s offshore data library to the next level of excellence.

Probe speeds data logging, delivery capabilities with high-speed digital telemetry technology

Probe, a leading supplier of cased-hole logging and advanced monitoring technology to the global oil and gas and geothermal industries, has announced that it continues to make headway in offering its customers additional resources to dramatically increase their data logging capabilities through the adoption of its high-speed digital (HD) telemetry platform.

Eni announces Akoma discovery in CTP-Block 4, offshore Ghana

Eni announces a gas and condensate discovery in CTP-Block 4, offshore Ghana.

New products and services

Emily Querubin, World Oil

Sercel has launched its first distributed acoustic sensing (DAS) seismic solution.

Hess sanctions Liza Phase 2 development offshore Guyana

Hess Corporation has announced it has received regulatory approval from the government of Guyana and has made a final investment decision to proceed with the second phase of development of the Liza Field on the Stabroek Block, offshore Guyana.

Ukraine has sold six petroleum licenses through online bidding

Ukraine's second licensing round took place Thursday on May 2, 2019.

In Crocodile Dundee Country, Australia hunts for giant gas prize

In a corner of outback Australia, a drilling crew will soon try tapping shale rocks that could hold more than three times the world’s annual consumption of natural gas.