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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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Gladstone plants exceed nameplate capacity for first time since 2015 start-up

22/12/2020 by Dale Granger

EnergyQuest CEO Graeme Bethune said November was a strong month for Australian LNG exports, with 6.9 million tonnes (Mt) shipped, the highest since April this year. This was despite supply disruptions from Gorgon, Australia’s second largest project, and delays to the start-up of the Prelude floating LNG project.

Bethune said one of the reasons for the strong performance was record production from the east coast LNG projects at Gladstone. Taken together, the Gladstone projects exceeded...

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CGG, PGS and TGS announce strategic partnership for shared multi-client data

22/12/2020 by Dale Granger

CGG, PGS and TGS have announced a pioneering strategic partnership to offer a shared ecosystem providing direct access to their subsurface multi-client data libraries.

The independent, cloud-based ecosystem will offer a single search point to access all three companies’ multi-client data and allow customers to interactively find, visualize and download their subsurface assets and entitlements all in one place.

All three companies released a joint media statement and commented on...

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Shearwater SW Vespucci

Shearwater GeoServices awarded 3D contract by ONGC

22/12/2020 by Dale Granger

Shearwater GeoServices has announced the award of a 3D broadband marine seismic acquisition contract by ONGC in the Western Offshore India area. The project is scheduled to commence in Q1 2021.

The four-month campaign covers two areas totalling 2,800 sq. km in the Arabian Sea off the west coast of India. Shearwater plans to use the SW Duchess and SW Vespucci for the surveys.

“Shearwater has a strong, long-standing relationship with ONGC and adding this award to our 2021...

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‘Regulatory reform will enhance resources investment’

15/12/2020 by Dale Granger

A new Productivity Commission report has highlighted that better and more streamlined regulation of Australia’s resources sector will help support future investment and build community trust in the sector.  

The Resources Sector Regulation report said there is considerable scope to improve regulatory processes and reduce unnecessary burdens to support investment into resources without having adverse impacts on the environment, heritage, worker safety, landowners and communities.

CO2CRC has announced that the CO2 injection for the Otway Stage 3 Project has successfully commenced.

CO2CRC’s Otway Stage 3 Project trials next generation subsurface monitoring and verification (M&V) technologies to reduce the costs for monitoring in industrial applications.

CO2 storage projects require M&V to understand movement of the injected CO₂ plume in the subsurface.

On demand image

Traditional methods monitor the CO2 from the surface and can be costly due to...

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Sercel CGG

Sercel wins second Saudi Mega-Crew Equipment Contract

15/12/2020 by Dale Granger

Sercel has won a second major contract to supply land seismic equipment to a leading seismic acquisition contractor for a 3D mega-crew survey in Saudi Arabia.

It has also won a smaller contract to equip a 2D survey to be conducted by the same contractor. These two new contracts closely follow the recently announced award to Sercel of a similar large-scale contract to equip a separate Saudi 3D mega-crew survey.

Advanced electronics

The new 3D contract includes a Sercel 508XT seismic...

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Blue Energy Drill rig

Blue skies brighten after Queensland North Bowen Basin gas-supply agreement

06/12/2020 by Dale Granger

Blue Energy shares surged over 57% after announcing a 10-year Queensland gas supply deal with Energy Australia.

The agreement is for annual deliveries of 10PJ and on the ASX BLU stock climbed to 8.8 cents on news of the deal, before settling at 8.2 cents at close on Friday.

Blue’s Managing Director, John Phillips, said: “This is the first such agreement that will allow North Bowen Basin gas to be delivered into the main East Coast domestic market to the south from...

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GECF Ministerial Forum

GECF says gas has a bright future in a recovering COVID planet

06/12/2020 by Dale Granger

Natural gas embodies all the attributes required to achieve the multidimensional challenges of environmental protection, energy access, and affordability in a world stepping onto the road of recovery, the Gas Exporting Countries Forum Secretary General Yury Sentyurin said at the 7th IEF-IGU Ministerial Gas Forum, hosted virtually by the Government of Malaysia.

“As the world reaches the end of the pandemic tunnel, it will need an energy partner that can help prevent environmental...

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Senex well in Surat Basin

Minister endorses oil and gas sector in Queensland

06/12/2020 by Dale Granger

Queensland’s new Minister for Resources Scott Stewart’s strong endorsement of the importance, contribution and economic benefits of the oil and gas industry has been welcomed by APPEA.

In a speech to Parliament recently, Minister Stewart said the industry continued to do “the heavy lifting with gas production, for the domestic and export markets” and “gas is an essential part of Queensland’s economy and will continue to be so in the future.”

APPEA Queensland Director...

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Katalyst data analytics

Katalyst Data Management releases Subsurface Data Search Engine for Oil and Gas Industry

06/12/2020 by Dale Granger

Katalyst Data Management has launched a new subsurface data search engine, powered by Elasticsearch, in the latest release of their iGlass data management solution.

The new release, named iGlass Portal ES, gives oil and gas companies the ability to use freestyle text searches on their seismic and well data volumes. This release marks the first time that Elasticsearch technology has been applied to an E&P subsurface data management solution.

Simple text search

Similar to search...

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Upcoming Events

Thu 28

PESA SA/NT Technical Luncheon: Is there any room for gravity in petroleum exploration? Let’s open the door again!

Thursday, 28 January @ 12:00 pm - 2:00 pm (Australia/Adelaide time)
Feb 09

LIVE WEBINAR – The Energy Transition – Challenges and Opportunities for the Oil and Gas Industry and its Professionals

Tuesday, 9 February @ 11:00 am - 12:00 pm (Australia/Perth time)
Feb 18

PESA WA Technical February lunch talk- Spatial and Stratigraphic Controls on Burial Diagenesis and Reservoir Quality in the Triassic Mungaroo Formation

Thursday, 18 February @ 12:00 pm - 2:00 pm (Australia/Perth time)
Sep 15

Save the Date – AEGC 2021

Wednesday, 15 September @ 8:00 am - Monday, 20 September @ 5:00 pm (Australia/Brisbane time)

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PESA MAGAZINE – LATEST EDITION

PESA News Issue 159

Previous Editions

Most Popular Posts

Popular Posts

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  • Gippsland-Basin-Vic-P47 Emperor Energy given drilling extension for Gippsland Basin permit
  • Total Mozambique LNG Plant Mozambique soldiers repel insurgent attack on Total LNG project

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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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