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Company Updates

Shearwater wins Forties Field seismic survey from Apache

19/05/2020 Posted by Dale

Shearwater GeoServices has announced the award by Apache of a 4D seismic survey with 3D extension over the Forties Field in the UK North Sea.

“We are very pleased to see a Shearwater Qmarine 4D crew returning to the Forties Field for the fourth time,” said Irene Waage Basili, the CEO of Shearwater GeoServices.

“The project adds to the North Sea 4D program we announced earlier this year and we continue to demonstrate industry leading technology and experience in 4D seismic.”

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Senex well in Surat Basin

Senex and CleanCo Queensland sign new gas sales agreement

19/05/2020 Posted by Dale

Senex Energy announced it had agreed a further domestic gas sales agreement with power generator CleanCo Queensland for 2.55 petajoules (PJ) of natural gas.

Under the one-year agreement, Senex will supply CleanCo with 2.55 PJ of natural gas from Atlas, commencing 1 January 2021. Gas will be supplied at the Wallumbilla Gas Hub in Queensland at a fixed price in line with current market levels.

CleanCo is the new Queensland Government-owned corporation focused on delivering affordable and reliable clean energy.

Atlas gas will fuel Swanbank E, CleanCo’s highly efficient 385 MW gas-fired power station near Ipswich in south-east Queensland.

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DUG McCloud tanks

DUG onboard processing contract with Polarcus extended to include DUG McCloud

11/05/2020 Posted by Dale

DUG has announced the signing of a three-year contract with Polarcus to utilise hardware and software for data processing and seismic acquisition quality control (QC) onboard Polarcus’ fleet of seismic vessels.

DUG said it will provide workstations, storage, processing nodes, and software onboard Polarcus vessels.

"This marks the sixth year of Polarcus’ commitment to DUG technology for the provision of data processing and QC services," DUG said.  

Further, Polarcus also signed a three-year agreement to leverage the DUG McCloud platform to significantly enhance their Priority Processing and imaging offering to E&P clients.

"DUG McCloud is a customer-focussed and collaborative cloud solution that encapsulates DUG’s high-performance computing (HPC) environment. T

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B;ue Energy well in the Nebo Area

Blue Energy urges action to stave off East Coast gas shortage

04/05/2020 Posted by Dale

Debt-free Blue Energy has urged the state of Queensland and the Federal Government -- in spite of COVID-related upheavals and oil price haemorrhaging -- not to lose sight of an impending domestic gas shortage in 2023 and the urgency of infrastructure projects to stave off this famine.

Blue Management said it has been in active discussions with representatives of both Federal and State Governments to highlight the need for national energy infrastructure projects to ensure timely and reliable delivery of energy to domestic East Coast manufacturers and gas users.

“This is in light of the projected long-term East Coast domestic gas shortfall commencing in 2023, as identified by the latest AEMO GSOO March 2020 report.

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Polarcus wins Asia Pacific survey

04/05/2020 Posted by Dale

Oslo-listed marine seismic services company Polarcus has signed a contract for a survey in the Asia Pacific region, the Oslo-listed marine seismic services company announcing that the deal is for an XArray marine seismic acquisition project.

As per custom, Polarcus did not disclose the identity of the client nor any financial value associated with the deal.

Polarcus said the survey would start in June this year and would last for approximately one month. The company did not reveal which vessel would be deployed for the project.

The latest award comes at a precarious time for offshore seismic contractors which were recently flagged by Norway’s Rystad Energy as the most vulnerable in the oil and gas supply chain due to the fallout of historically low oil prices and the COVID-19 crisis.

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Melbana seeks new partners for Beehive

04/05/2020 Posted by Dale

Melbana Energy is back in the hunt for new suitors to partner its aspirations for WA-488-P offshore northern Australia after Santos’ option to farm into the prospect lapsed.

Containing the potentially significant Beehive prospect, the permit is located in the Bonaparte Gulf in some coveted real estate between Blacktip, a producing gas field, and the Turtle and Barnett oil discoveries, which are undeveloped.

The permit carries an obligation to drill an exploration well by December this year and Melbana said its data room had been piqued by results from a 3D seismic survey and work conducted on rig selection and well permitting.

READ MORE

Santos Building Adelaide

Santos gets green light for Bedout Sub-Basin

27/04/2020 Posted by Dale

NOPSEMA has approved Santos' application for a 3D seismic marine survey in the Bedout Sub-basin offshore Western Australia.

The approval was granted on April 9, 2020.

The Keraudren Extension 3D Marine Seismic Survey area is located approximately 45km from Bedout Island, 56 km from the mainland and 141km from Port Hedland.

The survey data will develop regional geologic models to assist an exploration permit retention strategy and potential locations of future drilling of exploration and development wells and the seismic survey vessel will sail on pre-determined lines towing streamers with hydrophones to determine the structure and composition of geological formations below the seabed.

READ MORE

CGG Geosoftware innovates on with Cloud-Ready Reservoir characterization applications

27/04/2020 Posted by Dale

CGG GeoSoftware has released new versions of its Cloud-ready reservoir characterization and petrophysical interpretation software with features and functionality “that enhance the user experience, improve capabilities, and offer greater flexibility”.

CGG said all applications across the entire GeoSoftware portfolio now run on both Azure and AWS platforms, enabling easy access to products from wherever a client is working. The newest releases, Jason 10.1, HampsonRussell 10.5 and PowerLog 10.1, also offer advances in machine learning and artificial intelligence, as well as streamlined connections to Python ecosystem notebooks.

Jason 10.1 enhancements include further expansion of drag-and-drop functionality of files and viewers.

READ MORE

Kristian Johansen CEO TGS

TGS begins Gambito 2020 offshore seismic survey

21/04/2020 Posted by Dale

TGS has commenced the Gambito 2020 3D seismic survey offshore Gambia.

The acquisition, utilising the BGP Prospector vessel, is being undertaken in conjunction with BGP under the cooperation of The Gambian Ministry of Petroleum & Energy

The 4,770km2  Gambito 2020 3D survey covers open acreage in deep and ultra-deep waters and is perceived to be highly prospective considering that extensive basin floor fans were identified in TGS’ 2D regional seismic grids.

The acquisition will take about three months, with the full dataset available set to be available after final processing in the second quarter of next year.

The survey will support a future licensing round in Gambia and TGS has exclusive rights to existing multi-client seismic data offshore The Gambia.

READ MORE

Santos Bedout Sub Basin survey area

Santos gets green light for Bedout Sub-Basin survey

21/04/2020 Posted by Dale

NOPSEMA has approved Santos' application for a 3D seismic marine survey in the Bedout Sub-basin offshore Western Australia.

The approval was granted on April 9, 2020.

The Keraudren Extension 3D Marine Seismic Survey area is located approximately 45km from Bedout Island, 56 km from the mainland coastline and 141 km from Port Hedland.

The survey data will develop regional geologic models to assist an exploration permit retention strategy and potential locations of future drilling of exploration and development wells and the seismic survey vessel will sail on pre-determined lines towing streamers with hydrophones to determine the structure and composition of geological formations below the seabed.

READ MORE

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