Schlumberger and Cognite have announced a strategic partnership to integrate Schlumberger’s Enterprise Data Solution for subsurface with Cognite Data Fusion®, Cognite’s open industrial DataOps platform.
Company Updates
Carpentaria Continues to Kick Goals for Empire in the Beetaloo
Empire Energy has announced that the Carpentaria-2H well in the Beetaloo Basin has continued to deliver strong flow rates with the added bonus of low CO₂ composition.
Shearwater Collaborates with NVIDIA to Optimize Reveal for GPU
Shearwater has announced collaboration with NVIDIA for optimization of the most compute-intensive algorithms in the Reveal seismic processing software for NVIDIA’s high-end GPUs (graphics processing units).
PGS Signs Multi-Year MultiClient Library Access Agreement with Shell
PGS and Shell have entered into a multi-year agreement for access to a significant part of PGS’ MultiClient Data Library.
Shearwater Wins 4D Seismic Processing Project Over Wheatstone Field
Shearwater has been awarded a large time-lapse seismic imaging project over the Wheatstone field by Chevron Australia under an existing master contract.
Empire Elated with Exceptional Gas Flow Results at Carpentaria-2H
The Carpentaria-2H (C-2H) well has continued to deliver strong production flow rates with minimal declines for Empire Energy Group in the Betaloo sub-basin of the Northern Territory.
Empire Energy said extended production testing had continued at the well, located in its 100% owned and operated EP187 tenement, with gas flowing at an average rate of 2.6mmscf/day over the first 13 days and a normalised rate of 2.8mmscf/day per 1000m horizontal section.
The well had been shut-in for two days to replace the hydraulic stimulation wellhead with a flow testing wellhead and to monitor pressure build-up.
Revenue is Up for Beach but Reserves and Production Wane
Beach Energy’s revenue climbed 13% to $1.8 billion on the back of soaring oil and gas prices, but the company delivered lower production figures after a Western Flank downgrade had significantly diluted the company’s value.
CGG and bp Sign Multi-Year Data Transformation Agreement
CGG has announced a major multi-year global data transformation and curation agreement set to play a key role in supporting bp’s Subsurface digital strategy.
NextDecade Announces LNG Sale and Purchase Agreement with ExxonMobil
NextDecade has announced the execution of a 20-year sale and purchase agreement with ExxonMobil LNG Asia Pacific, an ExxonMobil affiliate, for the supply of liquefied natural gas from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.
PGS Wins Contracts in Australia and Indonesia
PGS has been awarded a significant 3D exploration acquisition contract offshore Indonesia by a major energy company.