Dale, Author at PESA - Petroleum Exploration Society of Australia

Geo jobs directly linked to commodity price movements

19/09/2016 Posted by Dale

The first comprehensive review of long-term jobless data amongst Australia’s geoscientists against mineral commodity price movements over the same period has revealed a startling direct link between the two trends. As commodity prices dip, job prospects for geoscientists plummet – with little or no lag time between one outcome following the other. The results confirm what the profession’s lobby group, the Australian Institute of Geoscientists, has suspected for some time –...

Polarcus announces broadband 3D project in Australia

14/09/2016 Posted by Dale

Marine seismic acquisition company Polarcus has announced that it received a letter of award for a 3D marine seismic acquisition project offshore Australia. The company revealed that to deliver the broadband dataset it will be utilizing its XArray acquisition technique - developed to deliver high quality data optimizing larger streamer spreads and which the company claims improves in-line shots by 100-250% and cross-line bin density as much as 400% on any streamer separation. It can be set...

2D long offset multi-client survey in Barents Sea

12/09/2016 Posted by Dale

SeaBird Exploration has announced that the company will acquire a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway have jointly designed this survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016. The survey objective is to acquire long-offset profiles that image large scale deep seated crustal structures beneath the Norwegian Barents Sea. Lundin Norway will be supervising the processing of this unique...

UKOG awards seismic reprocessing contract

02/09/2016 Posted by Dale

Schlumberger, WesternGeco and DownUnder Geosolutions, in collaboration with GeoPartners Ltd, have been jointly awarded two contracts worth $4.5 million for 15,000km of reprocessed multi-client 2D seismic data in six areas around the UK Continental Shelf (UKCS). The areas to be surveyed include the Southwest Approaches, Northern Approaches and Bristol Channel, Cardigan Bay and the Celtic Sea, Morecambe Bay and East Irish Sea, the East Shetland Platform and North Western Britain,...

TopSeis, solution for imaging shallow reservoirs, launched

30/08/2016 Posted by Dale

CGG has announced the launch of TopSeis™, touted by the company as the “latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic”. CGG said that, exacerbated by the use of progressively wider spreads to meet the industry’s quest for greater efficiency, the lack of near offsets leads to an inability to image shallow geological features, such as faults, gas pockets, channels and...

Geo students scoop epic Paris prize

24/08/2016 Posted by Dale

THE city of Light became a dream come true for two geoscience students who had never met before this year’s ASEG-PESA-AIG Conference, but teamed up to win a trip to Paris to attend next year’s 79^th Geophysical Conference . On her first visit to Adelaide, 22-year-old Perth honours student in petroleum geology, Victoria Seesaha, and 22-year-old Dennis Conway, who is doing a geophysics PHD at the University of Adelaide, pulled off a stunning one point win in the student quiz night...

Past reflects promise of exciting exploration future

24/08/2016 Posted by Dale

PESA President Steve Mackie drew on the archives of exploration history in Australia to strike a note of optimism in sobering times at the opening of the ASEG-PESA-AIG Conference in Adelaide. Addressing delegates at the opening of the 25th conference at the Adelaide Convention Centre, Dr Mackie said the event theme, Interpreting the Past, Understanding the Future, was appropriate when it came to reflecting previous legacies of discoveries in Australia. “Going back 60-years the...

MEO sets spud target date for Cuba

16/08/2016 Posted by Dale

MEO Australia is targeting early 2017 as a spud date for Cuba’s Block 9, taking its cue from Canada’s Sherritt International’s identifications in adjacent Bock 10, as it ponders a high impact exploration well in New Zealand and seeks to complete farm out processes in Australia. The Melbourne-based explorer said following assessment of the Lower Sheet play, continuing assessment of the remaining two plays, the Upper Sheet and Shallow Tertiary plays, was progressing as planned....

Light at the end of jobless tunnel for Geos?

08/08/2016 Posted by Dale

The jobs outlook for Australia’s geoscientists has shown the first small signs of improvement in two years with the number of professional geoscientists in Australia seeking work or unable to secure satisfactory self-employment, falling in the June quarter compared with the preceding period. This is the first sign of any improvement in the sector – hard hit by the retreating mining resources boom – since September 2014 but the outlook remains dire with higher numbers looking to...

BP wins deadlines extension for big Bight plan

15/07/2016 Posted by Dale

NOPSEMA has granted BP an extension to lodge a third and final environmental plan to drill the Stromlo-1 well in the Great Australian Bight. The submission is now expected to be lodged by August 31 and BP now faces a race against time to begin drilling the Stromlo-1 well in the calmer seas of summer following assessment of the supermajor’s game plan and safeguards by the offshore regulator. BP’s plan will have to be watertight as the $1 billion exploration program it hopes to expedite...

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