CGG has announced the sale, to Bon Ton Seismic LLC (Bon Ton), of its US land seismic multi-client library encompassing approximately 20,000 square miles (about 52 000 km² ) of 3D seismic data for a total cash consideration of US$63 million.
Company Updates
Government’s ‘Unreasonable Price Provision’
The Chief Executive Officer of Beach Energy, Morné Engelbrecht, says that the so-called “reasonable price provision” touted by the Commonwealth Government will cause irreparable damage to the investment environment desperately needed for gas exploration and development, and in turn energy security and future prices in Australia.
PGS and TGS Expand MultiClient Coverage Offshore Brazil
PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul MultiClient 3D project in the southwest Santos Basin offshore Brazil.
CGG Announces New Integrated Multi-Client Data Project in Southeast Arizona
CGG has announced a new multi-client data project in Southeast Arizona focusing on exploration and development in the mining industry.
Westwood Wildcat Joins the GeoClerk Platform
Searcher Seismic has announced its latest GeoClerk partnership with Westwood Global Energy Group.
PGS Wins Contract Award in Busy Mediterranean
PGS has been awarded a 3D exploration acquisition contract in the Mediterranean by an independent energy company.
CGG Wins Multi-Year Extension of Dedicated Imaging Center for Brunei Shell Petroleum
CGG has been awarded a multi-year contract extension by Brunei Shell Petroleum Company Sdn Bhd (BSP) to continue operating a dedicated seismic imaging center at its head office in Seria, Brunei.
Sercel makes another major sale of 508XT in North Africa
Sercel has announced the sale of an 80,000-channel 508XT acquisition system and24 Nomad 65 Neo broadband vibrators for deployment on a 3D mega-crew seismic survey in North Africa in late 2023.
Strike Finds Significant Extension of Permian Trend in Perth Basin
Strike Energy has announced the discovery of a “significant” extension of the Permian trend within its 100%-owned exploration portfolio in the Perth Basin.
Searcher Releases Onshore East Canning Basin 2D seismic Reprocessing for Mineral & Energy Exploration
Searcher Seismic has announced the release of the Onshore East Canning Basin project, Pangea 2D Reprocessing for mineral and energy exploration.