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PESA - Petroleum Exploration Society of Australia

Promoting Professional and Technical Excellence in Energy Geoscience – Networking, On-going Professional Education, Monthly Technical Meetings

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Archives for December 2016

WGP Group wins Conoco seismic contract for North Sea

18/12/2016 Posted by Dale

Marine seismic service provider WGP Group , a subsidiary of Thalassa Holdings, has won a contract from ConocoPhillips to acquire seismic data in the North Sea. The two month shoot on the Eldfisk field is scheduled to commence in the second quarter of 2017. The Eldfisk oilfield was discovered in 1970 and approved for development in 1975. Production started in 1979 and the field also contains some gas. Eldfisk is one of the largest fields on the Norwegian continental shelf and the second largest of three producing fields in the Greater Ekofisk area. It is located in Block 2/7, about…

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APPEA red flags continuing trend of falling exploration

18/12/2016 Posted by Dale

APPEA says the results from the latest rounds of bidding for offshore petroleum exploration acreage, released recently, confirm a deepening problem for Australia. “The results announced today will surprise and alarm people across the industry. With just one bid in the first round of releases in 2016, offshore exploration is in dire straits,” said APPEA Chief Executive Dr Malcolm Roberts. “We are witnessing something more fundamental than just a passing, cyclical downturn. Offshore exploration has been in steady decline for many years, despite strong commodity prices until recently. “We are already feeling the effects of this decline. Australia’s oil production…

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CGG delivers new gen systems to ONGC

18/12/2016 Posted by Dale

CGG announced that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India, as part of a new national seismic program commissioned by the Indian government. The two Indian clients purchasing the 508XT are Advent, a new seismic company, and Alphageo, a long-standing player. Both companies will use the systems to conduct two surveys each in India. Given the diverse and challenging survey environments, such as mountains, farmlands and cities, both companies will benefit from the system’s unique fault-tolerant cross-technology (X-Tech®)…

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Seabird sets sail for South America

12/12/2016 Posted by Dale

SeaBird Exploration has announced that it will provide one of its vessels for a 2D seismic project in South America. In a short statement, the marine seismic surveyor said it had signed an agreement to despatch the vessel for a 2D seismic survey which is expected to commence in late December, 2016 and will have a duration of approximately 45 days. The company said it would deploy the Northern Explorer for the project, but did not release further details.

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PESA WA evening talks close for 2016 on a successful note

12/12/2016 Posted by Dale

The last of the technical evenings talks was given by Anthony Gartrell, an Adjunct Senior Research Fellow at the University of Western Australia, on November 24 at the Mantra Hotel. Anthony has over 20 years of experience as a petroleum geologist working for WMC, CSIRO and Shell Brunei and Australia offices before he became an independent consultant geologist in 2013. Anthony shared with the WA Branch members his views on “controls on sequence stratigraphic architecture using examples from NW Borneo and the NW Shelf”. It was a great turn up with 70 people attending the talk. The audiences have been…

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CGG delivers record survey offshore Morocco

07/12/2016 Posted by Dale

CGG has announced what the company described as “near real-time imaging results” for a 4,200 sq km BroadSeis 3D marine seismic survey acquired offshore Morocco. CGG said it had delivered the “very-fast-track (VFT) RTM PSDM volume to the client only four days after the last shot”. The Paris-headquartered geoscience company said the result was a “technical feat (that) crowned an excellent operational performance by the crew of the CGG Geo Caspian who worked in a safe, collaborative and effective partnership with the client to complete the program ahead of schedule. Jean-Georges Malcor, CEO, CGG, said: “This exceptional achievement surpasses our…

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Senex announces Cooper Basin drilling program

07/12/2016 Posted by Dale

The current drilling program will comprise a multi-well oil campaign including exploration, appraisal and development opportunities, and a high impact unconventional gas exploration well. The first two wells of the campaign are located on the producing Worrior and Spitfire fields. Worrior-11 (ex PEL 93: Senex 70% and operator, Cooper Energy 30%) is a development well targeting oil accumulations in the lower Birkhead and Hutton horizons. The well is due to be spudded in mid-December. The rig will then move to Spitfire-8 (ex PEL 104: Senex 60% and operator, Beach Energy 40%), a step-out appraisal well evaluating the extent of the…

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CGG delivers data sets for Gabon South Basin

05/12/2016 Posted by Dale

CGG has released the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company’s recent 3D BroadSeis™ multi-client survey in the highly prospective Gabon South Basin. As technical consultant to the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons, CGG acquired the broadband seismic survey of over 25,000 km2 to support Gabon’s 11th Licensing Round. The seismic survey is part of an integrated geoscience program that will also include reviewed, resolved and interpreted well and geological data, in order to provide a petroleum systems evaluation supported by regional interpretations and reports. Jean-Georges Malcor, CEO, CGG, said: “The Gabon deep offshore…

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PESA MAGAZINE – LATEST EDITION

PESA News Issue 173

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POPULAR POSTS

  • Shell Discovery Map WA Shell makes ‘significant’ gas discovery offshore Australia
  • APPEA CEO Samantha McCulloch Meet Samantha McCulloch, APPEA’s new CEO
  • SA announces successful applicants for acreage in Cooper and Otway Basins
  • PESA WA Winter warmer at the Museum
  • USA oil exports exceeded imports 2019 How the USA became the world’s largest crude oil exporter in 2019
  • CUE Permits NWS Ironbark exploration well delivers a disappointing duster

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PESA - Petroleum Exploration Society of Australia

The Petroleum Exploration Society of Australia is a non-profit association of individuals involved in the exploration of oil and gas.

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