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Dale

Shearwater set to shoot seismic at SNE field

06/05/2019 Posted by Dale

Shearwater has won a contract to conduct a 3D seismic survey over the SNE field offshore Senegal. This was revealed in a first quarter update recently by FAR, which said the high-definition 3D marine seismic survey contract was awarded to improve reservoir definition supporting SNE well positioning and optimization. FAR said the survey was scheduled to begin in June as part of the SNE field development encompassing the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, which is operated by Woodside and includes JV-partners Cairn Energy, FAR Limited, and Petrosen.

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EMEA leads oil and gas contract awards with 569 contracts in Q1 2019

06/05/2019 Posted by Dale

In Q1 2019, the oil and gas industry reported 1242 contracts, of which 1178 were awarded contracts, according to data and analytics company, GlobalData. EMEA (Europe, Middle East and Africa) recorded the most contracts with 569 contracts, representing around 48% of the total awarded contracts in Q1 2019, followed by the Americas region with 366 contracts, accounting for 31% of the total awarded contracts. The company’s latest report states that the upstream sector reported 73% of the total awarded contracts, with 862 contracts.

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UK Regulator Authorizes Deployment of Sercel’s QuietSea Marine Mammal Monitoring System

06/05/2019 Posted by Dale

Sercel has announced that ‘successful deployment’ of its QuietSeaTM Passive Acoustic Monitoring (PAM) system has been extended to the UK, following approval by the UK Department for Business, Energy & Industrial Strategy (BEIS) and Joint Nature Conservation Committee (JNCC) of its use for a seismic survey operated by CGG in waters off the Shetland Islands. QuietSea is a fully integrated PAM system that Sercel claims ‘overcomes many of the limitations of its present-day competitors. The sensors are designed to fully integrate with seismic acquisition or navigation systems, and are incorporated with the hydrophones in the Sentinel streamer.

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CGG’s Dan Hampson and Brian Russell Honoured at the GSH-SEG Spring Symposium

29/04/2019 Posted by Dale

Dan Hampson and Brian Russell from GeoSoftware, part of CGG’s Geoscience Division were honoured for their groundbreaking achievements in geophysics by the Geophysical Society of Houston and the Society of Exploration Geophysicists at their jointly sponsored 2019 GSH-SEG Spring Symposium and Exhibition in Houston. The theme of this year’s GSH-SEG Symposium, held from 16-17 April in Houston, USA, was ‘The Resurgence of Seismic Inversion’. Brian Russell spoke at the event about the ‘History of Inversion’ while Jon Downton, Senior Research Advisor for CGG GeoSoftware, gave a technical talk on the latest innovations in ‘Machine Learning Inversion’.

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Senex

QLD gas delivers for local jobs

29/04/2019 Posted by Dale

South-west Queensland natural gas from Senex Energy’s Project Atlas will fuel more than 200 Queensland manufacturing jobs in a national first. Mines and Energy Minister Dr Anthony Lynham congratulated gas producer Senex on sealing the first supply contract from Project Atlas with south-east Queensland manufacturer CSR Limited. In an Australian first, Project Atlas in the Surat Basin is delivering Queensland gas quarantined for sale to the Australian market only. Senex expects first gas production later this year.

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It’s Mama Mia for Po Valley in Italy

29/04/2019 Posted by Dale

Australia’s Po Valley Energy has announced maiden oil and gas condensate Prospective Resource estimates for its large onshore oil exploration holdings in northern Italy. The gains cover the Torre del Moro Exploration Licences southeast of Bologna, the Bagnolo SW prospect in Cadelbosco licence, and a large 334% increase in the 2C resources in its Bagnolo in Piano and Ravizza oil fields in the Cadelbosco Grattasasso Exploration Licences. These two oil fields and the oil / condensate prospects are 100%-owned by Po Valley.

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DUG announces arrival of immersion tanks for Houston supercomputer

29/04/2019 Posted by Dale

DownUnder GeoSolutions (DUG) is excited to announce tanks are arriving at Skybox Houston for its huge geophysically configured supercomputer, Bubba. Part of a unique cloud service tailored specifically to the geophysics community, called DUG McCloud, the supercomputer will be housed in a purpose-built exascale compute facility in Houston. Construction began on the Texas facility in late 2018. After initial setbacks caused by winter storms, work has continued on DUG McCloud at a remarkable pace ever since.

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Anadarko deal ups Chevron’s US oil production to 1.6 mmboed in 2019

16/04/2019 Posted by Dale

Following the recent news that Chevron Corp (Chevron) will acquire Anadarko Petroleum Corp (Anadarko) for US$33 billion, the oil and gas major has significantly increased its oil production output in the United States. Jonathan Markham, Upstream Oil & Gas Analyst at GlobalData, said of the deal “The acquisition is a continuation of Chevron’s recent focus on upstream operations in the US. The combined portfolios of Chevron and Anadarko will make Chevron the leading producer in the US, with forecast production of over 1.6 million barrels of oil equivalent per day (mmboed) in 2019, according to GlobalData.

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Otway Basin can play a lead role in gas famine

15/04/2019 Posted by Dale

New sources of gas need to be found to offset the emerging gas crisis in the east coast market and the Otway Basin bordering the South Australian-Victorian border can be part of that solution, according to one of Adelaide’s newest ASX-listed petroleum explorers. Addressing the first day today of the two-day Paydirt 2019 South Australian Resources and Energy Investment Conference in Adelaide last week, Vintage Energy’s Managing Director, Mr Neil Gibbins, said the Victorian gas supply market alone is expected to fall from 435 petajoules (PJ) two years ago to around 187PJ by 2022.

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CGG completes 2D survey offshore Gabon

15/04/2019 Posted by Dale

Acquisition of CGG’s 9,800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed. Fast-track data sets will be delivered in batches from the end of April, giving interested oil companies sufficient time to understand offshore petroleum systems and appraise blocks offered in Gabon’s 12th offshore licensing round planned for September 2019. This modern data set will help define the full extent of existing and new plays in the region. It will also aid in understanding the thickness variations in the sediment overburden for source rock and maturity analysis.

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PESA Energy Geoscience is a non-profit association of individuals involved in the exploration of oil and gas.

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