Shearwater has been awarded a large time-lapse seismic imaging project over the Wheatstone field by Chevron Australia under an existing master contract.
Company Updates
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.
Searcher Starts New 2D Seismic Reprocessing Project in India
Searcher Seismic has announced the East Coast India 2D Reprocessing project.
Otway Drilling Campaign Successfully Concluded
Beach Energy has announced the successful completion of its offshore Otway Basin1 drilling campaign, a critical investment in new gas supply for the east coast market.
CGG Releases New GeoWells Database for Brazil
CGG has released a new GeoWells Brazil database, an expertly curated and re-interpreted digital data set of all the relevant geological and engineering legacy data for 197 key wells from the Santos, Campos, and Espirito Santo Basins.
Beach Bolsters Finance with New CFO Promotion
Beach Energy has announced the appointment of Ms Anne-Marie Barbaro as Chief Financial Officer, effectively immediately.