Company Updates

Senex announces Cooper Basin drilling program

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The current drilling program will comprise a multi-well oil campaign including exploration, appraisal and development opportunities, and a high impact unconventional gas exploration well. The first two wells of the campaign are located on the producing Worrior and Spitfire fields. Worrior-11 (ex PEL 93: Senex 70% and operator, Cooper Energy 30%) is a development well targeting oil accumulations in the lower Birkhead and Hutton horizons. The well is due to be spudded in mid-December. The...

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CGG delivers data sets for Gabon South Basin

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CGG has released the final processed depth volumes (Kirchhoff and RTM PreSDM) from the company’s recent 3D BroadSeis™ multi-client survey in the highly prospective Gabon South Basin. As technical consultant to the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons, CGG acquired the broadband seismic survey of over 25,000 km2 to support Gabon’s 11th Licensing Round. The seismic survey is part of an integrated geoscience program that will also include reviewed, resolved and...

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Substantial reserves awaiting development – DW

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MOST E&P companies have seen reserve replacement ratios declining as a consequence of a drop off in exploration and appraisal activity, energy intelligence group, Douglas-Westwood, said in a report.

The country that has bucked the trend is Myanmar, which has shaken off political and economic trade embargoes as a result of reform that saw the lifting of international sanctions in 2012. Shell, Eni and Chevron and a number of independents, notably Reliance Industries and Oil India, have...

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Senex completes pilot development in Western Surat Gas Project

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SENEX Energy has announced completion of the first pilot development in the Western Surat Gas Project on budget and ahead of schedule. The Glenora pilot marks the commencement of the development of Senex’s Western Surat Gas Project, which involves the extraction of gas from coal seams across approximately 915 km2 of acreage located adjacent to gas fields and infrastructure operated by Australian majors Santos and Origin Energy. Senex is 100% owner and operator of the project and has...

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PESA students explore the Core

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[caption id="attachment_51183" align="alignnone" width="350"] SAMSUNG CAMERA PICTURES[/caption] PESA WA organised the first student core workshop on the 21st of October 2016 at the DMP Core library, with the aim of providing the opportunity to PESA student members to view, learn, discuss and familiarise themselves with sequence stratigraphy and core logging, writes Marlene Woligroski. This event was planned and coordinated by students from Curtin University (Victoria Seesaha and Jordan...

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ONGC innovation wins major international award

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INDIA’s Oil & Natural Gas Corporation (ONGC) has surfaced as the star oil and gas performer at the Bentley Be Inspired Awards Ceremony in London, scooping the Innovation in Offshore award for enterprising software and performance modelling that enabled the production and exploration company to extend the lifecycle of its critically ageing assets. With the oil and gas industry firmly focused on trimming the fat during 2016 by lightening operating and capital expenditure loads buckling...

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Geo job prospects begin to brighten

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Employment prospects for Australian geoscientists continue to improve, albeit slowly Employment prospects for Australia’s professional geoscientists continued to improve gradually in the three months between 30th June and 30th September 2016. The picture emerged in results of the latest quarterly survey by the Australian Institute of Geoscientists (AIG) in which respondents provided information about their employment prospects during the September quarter of 2016. At 30th...

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WA workshop gets to the Core of the matter

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[caption id="attachment_50789" align="alignnone" width="200"] Tidal deposits, the red bar corresponds to one lunar cycle.[/caption] THE WA Branch dug to the Core with a popular and well received annual workshop which took place at the Department of Mining and Petroleum’s Core Library in Perth. The two-day workshop, conducted on September 29-30, was presented by Robert Seggie (Woodside), Dr. Simon Lang (Chevron), Bruce Ainsworth (Chevron), Prof. Peter McCab (University of Adelaide) and...

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Polarcus announces broadband 3D project in Australia

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Marine seismic acquisition company Polarcus has announced that it received a letter of award for a 3D marine seismic acquisition project offshore Australia. The company revealed that to deliver the broadband dataset it will be utilizing its XArray acquisition technique - developed to deliver high quality data optimizing larger streamer spreads and which the company claims improves in-line shots by 100-250% and cross-line bin density as much as 400% on any streamer separation. It can be set...

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2D long offset multi-client survey in Barents Sea

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SeaBird Exploration has announced that the company will acquire a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway have jointly designed this survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016. The survey objective is to acquire long-offset profiles that image large scale deep seated crustal structures beneath the Norwegian Barents Sea. Lundin Norway will be supervising the processing of this unique...

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