Seismic (public)

With shares trading at an eight-year peak and aiming higher, Elixir Energy has provided an update on its largest exploration program to date in Mongolia.

The Adelaide-headquartered explorer launched the exploration and appraisal program across its 100%-owned Nomgon IX CBM PSC, where the spudding of two exploration wells is imminent.

The first well in the 2021 drilling program, Yangir-2, has just been finished and the Yangir depocenter has proven to be highly fractured and hosting of gaseous rocks, which is encouraging for permeability and gas content respectively, but has made for more complex drilling operations.

The desorbed gas was chromatographically analysed and contained 99% natural gas (i.e.

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A consortium led by CGG has been selected by the European Space Agency’s Space Solutions initiative to undertake a study aimed at developing new environmental monitoring technology and services to help combat the global marine litter crisis.

CGG will collaborate with Mott MacDonald, a global engineering, management and development consultancy, and Brunel University London to develop innovative new environmental monitoring solutions based on CGG’s analysis and processing of Earth observation data and leveraging its artificial intelligence models.

CGG said that with their combined expertise spanning satellite remote sensing, environmental science, plastic pollution, drift modelling, mitigation measures and policy development, the consortium is strongly positioned to deliver on the study objectives.

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Shearwater has been awarded a 3D seismic survey by a major operator in Vietnam. The two-and-a-half-month project will commence in April 2021 and will be conducted by the SW Vespucci.

“This award contributes to an already strong portfolio of projects in the Asia Pacific region announced in recent weeks as market conditions improve”, said Irene Waage Basili, CEO of Shearwater GeoServices.

The marine geophysical services company has established experience in Vietnam and has worked for the same operator multiple times in recent years.

The SW Vespucci is one of the seismic industry’s most flexible vessels, operating both in the towed streamer and ocean bottom markets, equipped with Qmarine technology and capable of performing 2D, 3D, and 4D surveys.

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PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt.

The survey will be acquired using an Extended Long Offset (ELO) configuration with Ramform Tethys towing a wide multi-sensor GeoStreamer spread with an additional source vessel located several kilometers ahead.

CGG said that this would enable efficient recording of offsets up to 16km, which is critical for imaging deeper complex exploration targets. The source vessel will be towing a specially designed low frequency source.

CGG said “the innovative ELO survey design combines optimal spatial sampling for better subsurface imaging together with long offset acquisition for accurate velocity model building.

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CGG has been awarded three major seismic imaging projects by BP, two in the deepwater Gulf of Mexico and one offshore Trinidad & Tobago.

These projects will start in Q1/Q2 this year and complete with cloud delivery of the data no later than Q4 of 2021.

CGG said that, “utilizing CGG Cloud supercomputing, imaging specialists at CGG’s Houston subsurface imaging center will employ compute-intensive data-driven proprietary algorithms, such as time-lag full-waveform inversion and least-squares migration, to ensure timely delivery of the highest-quality images to better support renewal and development decisions.”

Colin Murdoch, EVP, Geoscience, CGG, added: “This high-profile set of awards demonstrates client demand for our best-in-class technology and service.

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Buru Energy is all set for a significant exploration program in the Canning Basin targeting 97 million barrels of oil which will entail exploration wells at Kurrajong and Rafael and ongoing development of the Ungani Oilfield.

The company announced that the contract for seismic as well as a three well drilling program is expected to be awarded within weeks.

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Sercel and Kappa Offshore Solutions have announced the release of PIKSEL, a compact marine seismic solution specially designed for acquiring seismic data for high-resolution 3D imaging of targeted offshore areas.

PIKSEP, capitalizing on Sercel’s Sentinel® streamer technology, recognized for its robustness and accurate measurement capabilities, and Kappa Offshore Solutions’ expertise in equipment integration and hydrodynamic modeling, can acquire high- and ultra-high-precision seismic data using a new and highly efficient process, meeting the requirements of the market for high-resolution site surveys.

PIKSEL draws on the low noise performance of its Sentinel® streamer’s hydrophone design as well as an optimized rigging and handling system that minimizes vibration.

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Shearwater GeoServices has announced a new long-term frame agreement with Equinor for 4D seismic services on the Norwegian continental shelf.

The company said the agreement can also be applied for the UK continental shelf. Under the frame agreement, Shearwater has been awarded an initial survey over the Heidrun Field in the Norwegian North Sea.

Shearwater said it will allocate one of its high-end Isometrix vessels for the one-month Heidrun survey, which starts in Q2 2021. The award adds to a growing worldwide 4D order book and supports the company’s framework for optimizing vessel utilization.

“Shearwater’s commitment to geophysics and established leading 4D technology positions us well to deliver high quality time-lapse measurements for Equinor.

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Sercel has announced that its “high-performance” equipment is being deployed on another 3D megacrew survey by a major North African geophysical company.

Sercel said the crew is operating with an 80,000-channel 508XT land acquisition system, complete with QuietSeis® digital sensors, and ten Nomad 90 Neo broadband vibrators in challenging desert terrain, but did not say which country activities were occurring in.

Sercel described its equipment as seamlessly integrated into the digital version of the 508XT, QuietSeis, the industry’s most advanced third-generation MEMS sensor, ensuring optimum data accuracy and stability.

“With its outstanding low-noise performance, it detects the weakest signals in a very large frequency bandwidth.

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Shearwater Geoservices has announced the award of a 3D seismic survey in the Otway Basin and a 4D survey in Angola by Total.

“We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”, said Irene Waage Basili, CEO of Shearwater. “We observe increasing regional demand for our vessels equipped with high-end technology, which is reflected in backlog and utilization.”

The approximately two-month survey is expected to commence in Q3 2021 covering an estimated 2,700 sqkm, employing the Geo Coral using a multisensor streamer system with a variable streamer spacing configuration.

Off Angola the two-month project will be on the GJDR Development area of Block 17, commencing in Q1 2021.

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