Searcher has launched new data layers functionality on its on-demand seismic web platform, sAIsmic, from Searcher’s partnerships with MapStand and NVentures.
The new MapStand and NVentures layers functionality on sAIsmic with an info tab that allows users to view blocks, wells and field information, anywhere in the world, providing valuable location context for sAIsmic users.
“We are very excited to have launched this latest functionality on sAIsmic through the partnerships...
PGS expects to report segment revenues for Q4 2020 of approximately $158 million. Contract revenues ended at approximately $21 million. MultiClient pre-funding revenues were approximately $61 million and MultiClient Late Sales approximately $70 million.
“We achieved a sequential revenue increase from our vessel operations in Q4, and a MultiClient pre-funding level benefitting from additional sales from ongoing surveys. Our MultiClient Late Sales more than doubled, compared to the...
Searcher has announced a new onshore Peru Campaign, in collaboration with PeruPetro S.A. 2D & 3D Seismic Rectification and a Well Atlas including post-drill analysis to provide a renewed and enhanced dataset to support future bid rounds, regional evaluations and due diligence of existing commercial opportunities.
The Onshore Peru 2D & 3D Rectification consists of both 2D and 3D vintage seismic data which has been rectified with Searcher’s proprietary post-stack reprocessing method. The...
The eagerly-anticipated Ironbark exploration well offshore north-western Australia has failed to produce hydrocarbon discoveries and will be plugged and abandoned.
The well in WA-359-P had hoped to discover up to 15Tcf of gas, measuring up to Gorgon and was drilled to a total depth of 5,618m, intersecting the primary target of the Mungaroo Formation at 5,275m.
However, Beach Energy announced the disappointment last week, saying in a statement: “no significant hydrocarbon shows were...
Santos has made a final investment decision for the $306 million, Phase 3C infill drilling program at the Bayu-Undan field in the Timor Sea offshore Timor-Leste.
The Adelaide-based company said the program would include three production wells (two platform and one subsea) to develop additional natural gas and liquid reserves, extending field life as well as production from the offshore facilities and the Darwin LNG plant.
Santo, with 68.4 per cent of the Bayu-Undan joint venture,...
NOPTA has approved Emperor Energy’s application to extend the primary term of the VIC/P47 exploration permit in the Gippsland Basin.
Emperor Energy said the extension had been given based on two factors, the imminent availability of new seismic data that will be generated from the Multi Client 3D seismic acquisition completed across the Offshore Gippsland Basin, including the Judith Gas Field in Vic/P47 in July 2020 by CGG.
The second criteria was the combined...
Shearwater has signed new debt and guarantee facilities totalling US$437 million, as part of the planned refinancing of the company’s maturing debt.
The new facilities include the refinancing of the US$325 million bridge facility originating from the acquisition of the marine seismic acquisition assets and operations of WesternGeco in November 2018.
“We enjoy continued confidence from our lenders whose long-term backing has supported Shearwater in driving the necessary...
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...
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...
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.
The new 3D contract includes a Sercel 508XT seismic...