Company Updates

Carnarvon’s Buffalo Project

Posted by

Perth based junior oil and gas company Carnarvon Petroleum has been working with seismic reprocessing firm, DownUnder Geosolutions to provide an update on Carnarvon's Buffalo project. Quality new seismic data has recently been received showing clear definition around the Elang formation, the producing reservoir in the Buffalo oil field. With this new data the reservoir in this region is clearly identifiable on seismic and has been reconciled with important well data within the oil...

READ MORE

H2Oil & Gas delivers produced water treatment package for plant in Malaysia

Posted by

H2Oil & Gas, an Aquarion Group company, has completed a contract to design and supply equipment for a produced water treatment plant in Malaysia. The high pressure (117 bar) system reduces the oil in water content from 3000ppm down to <20ppm with an optimized process design that uses the existing gas in the system, eliminating the use of additional fuel gas used on standard Compact Flotation Units. This design, together with a carefully developed layout, produced a low weight compact skid...

READ MORE

CGG GeoConsulting and Petroleum Corporation of Jamaica Announce First Reported Discovery of Live Oil Onshore Jamaica

Posted by

CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have announced the discovery of two independent live oil seeps from different parts of the island of Jamaica. This significant find marks the first documented occurrence of ‘live’, or flowing, oil from onshore Jamaica and will be of particular interest to oil explorationists focused on Central America and the Caribbean. The oil seeps were found during fieldwork for a recently completed multi-client Robertson Study (Red...

READ MORE

Po Valley upgrades maiden 2P reserves to 36.5 bcf for Teodorico.

Posted by

Po Valley Energy has upgraded its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations, with maiden 2P reserves of 36.5 bcf of gas now declared at the company’s offshore Adriatic development Teodorico gas field. Teodorico has the largest gas in place of all of Po Valley’s gas fields and is at an advanced stage of assessment and is ready for development. The company received a preliminary award of the Teodorico Production Concession last year and is...

READ MORE

New CGG GeoSoftware Technology ‘Drives Greater E&P Efficiency’

Posted by

CGG GeoSoftware has announced new releases across its entire geoscience portfolio. Its complementary HampsonRussell, Jason, PowerLog, InsightEarth, VelPro, and EarthModel FT solutions are the industry’s preferred set of tools and support for multi-disciplinary teamwork at every stage from exploration and development to life-of-field production management. In a media release CGG said recent developments “bring exciting new capabilities within each individual solution while offering...

READ MORE

The Eagle has Landed – in Carnarvon’s basket

Posted by

Carnarvon Petroleum has been awarded the AC/P63 permit within the Southern Vulcan Sub-basin, on Western Australia’s North West Shelf, which will be known as the Eagle Project. This 585km² permit is in shallow water and contains multiple attractive leads in the same proven oil producing basin that includes the Talbot, Jabiru, and Cassini / Challis oil fields. Carnarvon said prides itself on applying leading technologies to its technical work to assist in unlocking an area’s...

READ MORE

CGG and Ardiseis complete highest-density seismic survey ever acquired

Posted by

CGG, its technology partner, and Ardiseis, subsidiary of the Arabian Geophysical and Surveying Company (ARGAS), the Middle East’s seismic acquisition specialist, have announced the successful completion of the world’s highest-density broadband seismic survey ever acquired onshore or offshore. The ultra-high density of the data recorded on the West-Kalabsha survey on behalf of Apache Corporation (Apache) heralds a step-change in the quality of seismic that can be economically acquired...

READ MORE

Katalyst Data Management Launches Well File and Well Log Scanning “Paper to Digits” Service

Posted by

Katalyst Data Management announced that it has launched well file and well log scanning services for the oil and gas industry. The company now has the capacity to scan volumes of well logs and associated files that are created during the life cycle of a well into an accessible PPDM database. This announcement follows Katalyst's recent completion of a successful well file scanning project involving the scanning and classification of physical well files associated with over 20,000 wells...

READ MORE

Prime time live-streamed Mexican acreage bids up for grabs

Posted by

Mexico, currently a global hotspot for exploration, will tomorrow open bids for awarding its deepwater oil and gas exploration acreage as it enters the Fourth Tender of Round 2. Tenders will be made for license contracts in 29 offshore contractual areas in the oil provinces of Perdido, Mexican Cordilleras and the Salina Basin. The Comisión Nacional de Hidrocarburos (CNH) has released a list of the nine individual companies that qualified for bidding; BHP Billiton, CNOOC, ExxonMobil,...

READ MORE

Cairn sees the start line for SNE development

Posted by

Cairn Energy has flagged development approval for the SNE field offshore Senegal - which counts Woodside, Far and Petrosen as JV partners - by the end of 2018. This follows the third phase of a completed offshore drilling program to further evaluate the SNE field using the Stena Drill Max drillship and an operational update from the independent UK-based independent aiming to expedite developments at SNE. Cairn, as operator, said as part of its three-year evaluation work plan submitted...

READ MORE