CGG has transferred its geophysical seismic technology to structural stability and earth monitoring markets The company said that Sercel has created two new brands, Sercel Structural Monitoring and Sercel Earth Monitoring, to bring the benefits of its advanced sensor technology to the high-potential Structural Health Monitoring (SHM) and Earth Monitoring markets. Renowned in the global geophysics industry as a leading provider of innovative seismic equipment and reservoir monitoring instruments, Sercel has designed and manufactured an extensive range of cutting-edge sensors for natural resource exploration for over 60 years.
Company Updates
Otto Energy farms into Gulf of Mexico license
West Perth, North America-focussed Otto Energy has farmed into Talos Energy’s Green Canyon 21 (GC 21) lease in the Gulf of Mexico. Otto said it would earn a 16.67% working interest in GC 21 through paying 22.22% of the cost of drilling of the Bulleit appraisal well in the lease. Otto Energy said the well would be drilled by Talos using the Noble Don Taylor drillship, commencing in the mid-second quarter of 2019. First production is expected to be within 12-18 months from spud.
Certification confirms Leigh Creek Energy gas reserve ‘largest in South Australia’
Leigh Creek Energy’s (LCK) said its syngas resource at Leigh Creek has received reserve certification, unlocking South Australia’s largest gas reserve for commercial use. LCK announced that it had received a PRMS certificate of 1,153PJ (petajoule) 2P syngas reserves, making Leigh Creek’s commercial deposit in the far north of SA ‘larger than reserves currently located within the Cooper Basin’.
CGG GeoSoftware supports geoscience training with renewal of HampsonRussell software donation to Portugal’s CERENA/IST University
GeoSoftware, part of CGG’s Geoscience Division, has renewed the donation of its HampsonRussell seismic reservoir characterization software to CERENA/Instituto Superior Técnico (IST) University in Lisbon, Portugal. CERENA, a research center of IST, supports IST’s MSc course in Petroleum Engineering with teaching and research in areas relating to oil and gas exploration and production, including the characterization of petroleum reservoirs. CGG’s software technology is already an integral part of the Petroleum Engineering MSc course and related research programs.
A Geological Field Guide to Kalgoorlie and Surrounds is launched
The geological field guide to the Kalgoorlie region, produced by Earth Science Western Australia (ESWA), John Bunting and Peter Muhling, was officially launched on Tuesday the 19th of March at the Australian Resources Research Centre, Kensington. This guide is the third produced by this group, with others to Perth and surrounds and the capes region of the Southwest. This launch event was well attended with guests including; field guide contributors, members of ESWA’s Board, sponsors of ESWA, representatives of various educational authorities, teachers and interested parties.
Sercel Extends Boundaries of Well Exploration with SigmaWave, its First DAS Seismic Solution
Sercel has announced the launch of its first distributed acoustic sensing (DAS) seismic solution: SigmaWave. Designed in partnership with Fotech Solutions, SigmaWave is the first integrated distributed acoustic solution designed exclusively for borehole seismic applications and reinforces Sercel’s advanced range of downhole seismic acquisition systems. SigmaWave is fully integrated with Sercel’s existing downhole seismic tools and enables continuous, real-time seismic measurements along the entire length of a fiber optic cable. Whether by retrievable or permanent deployment, it is now possible to visualize and monitor the well in real time and instantly generate SEG-Y files.
‘Production revival and development potential makes Eagle Ford shale a winner’
During 2018, Eagle Ford re-emerged as one of the lucrative destinations for oil and gas companies, according to data and analytics company, GlobalData. The company’s latest market analysis report reveals that the shale play has reverted a production decline and leading operators continue to increase the scale of their operations. There are still some sections within the Eagle Ford shale play which are underdeveloped, especially in the northern part comprising the Burleson and Brazos counties and some companies are also assessing the overlying Austin Chalk formation.
Santos awards drilling support contract to MMA Offshore
Marine service provider MMA Offshore has been awarded a contract by Santos to support its 2019 drilling campaign. The contract is for the provision of three vessels to support the drilling campaign, including two anchor handling tug supply vessels and a platform supply vessel. The scope of services includes rig tows to and from field, infield rig moves and platform supply duties in support of the Noble Tom Prosser rig, operating offshore Australia. The contract started in February and is expected to run for at least six months.
Orchid-1 delivers gas and condensate bounty for PTTEP
Thai oil and gas company PTTEP has celebrated a gas and condensate discovery at Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, offshore Australia. This was revealed by Phongsthorn Thavisin, President and CEO of PTTEP, who said in a statement that PTTEP Australasia had made the discovery after the well had been spudded in January and drilled to a depth of 2,925m. The well encountered gas and condensate with the net pay thickness around 34 meters.
Searcher announces acquisition of Triok 2D Seismic Survey in PNG
Searcher Seismic, in cooperation with BGP, was pleased to announce the expansion of its modern offshore data library with the completion in acquisition of the Triok Broadband Non-Exclusive 2D Seismic Survey in the Northern Basins of Papua New Guinea. Following the successful acquisition of the Solomon Sea Non-Exclusive 2D in the Northern Basins of Papua New Guinea, the Triok Broadband Non-Exclusive 2D Seismic Survey comprises of 3,845 kilometres of 2D long-offset, high-resolution, broadband seismic and offers an extensive regional coverage of the Cape Vogel Basin and Huon Gulf.