Seismic (public)

Searcher completes Airborne Geophysical Survey in Papua New Guinea

18/02/2019 Posted by Dale

Searcher Seismic has announced completion of the regional multi-client airborne gravity, gravity-gradiometry and magnetics survey covering the transition zone of the Gulf of Papua. The Roho Airborne Gravity, Gravity-Gradiometry and Magnetic Survey covers approximately 60,700 square kilometres (~52,700line km) along the southern coast of PNG. The survey compliments several marine seismic and geochemical projects recently completed by Searcher aimed at assessing the hydrocarbon potential of...

CGG and TGS announce Greater Castberg Survey in Barents Sea

11/02/2019 Posted by Dale

CGG and TGS have announced the Greater Castberg TopSeis™ survey in the Barents Sea. The survey is 5,000 sq km, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology. The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition to open acreage with several play models in multiple geological layers. The acquisition is expected to commence late Q2 2019 with final...

Total steps on the gas with South Africa’s biggest discovery.

11/02/2019 Posted by Dale

South Africa’s first ever globally significant oil and discovery was announced by Total last week when the French supermajor revealed it had made a billion-barrel oil equivalent gas find in the Southern Outeniqua Basin. The discovery is big enough to meet South Africa’s imported fuel needs for four years and is located 175km offshore in the Brulpadda Prospect, which is about 180km from South Africa’s gas-to-liquids plant at Mossel Bay on the Cape south coast. The find is located...

FAR completes survey across WA-458-P permit

29/01/2019 Posted by Dale

Late last quarter FAR concluded stakeholder engagements with CGG to join in the much anticipated Davros Extension Multiclient 3D Survey. FAR received a Notice of Start of Acquisition from CGG in mid-December as the MV Geo Coral began its mobilisation from southeast Asia. After a brief port call in Broome, the vessel commenced deployment of in-water equipment whilst on route to the survey area. Post end of the quarter, seismic acquisition across permit WA-458-Pbegan. The survey was...

New CGG Survey Supports Gabon’s 12th Offshore Licensing Round

22/01/2019 Posted by Dale

Building on the success of its 25,000 km2 3D BroadSeis™ survey, which led to the recent Boudji-1 and Ivela-1 oil discoveries, CGG is extending its Gabon multi-client data footprint with a 9,800-km long-offset 2D seismic survey in an unexplored deepwater area of the South Basin. A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019. CGG said the new 2D data will help define the full extent of...

Aker BP commits to $500m exploration spend in 2019

21/01/2019 Posted by Dale

Norwegian E&P company Aker BP is upping the ante this year with a turbo-charged exploration program in 2019 aimed at tripling production by 2025. The company said from the launchpad of a strong performance in 2018, it now plans to cut production costs from US$12 to US$7 per barrel and to significantly increase dividend payments to shareholders. “Excellent execution and rapid change towards lower cost, lower emissions and improved efficiency are key ingredients to value creation in...

Norway anticipates accelerated oil and gas production

14/01/2019 Posted by Dale

The Norwegian Petroleum Directorate’s has predicted that oil and gas production will recover from a slight dip in 2019 and increase in the period 2020 to 2023 as it approaches record production set in 2004. The NPD Director General, Bente Nyland, said: “The activity level on the Norwegian Shelf is high. Production forecasts for the next few years are promising and lay a foundation for substantial revenues, both for the companies and the Norwegian society. There is considerable...

Quadrant Energy applies for Bedout seismic permit

11/12/2018 Posted by Dale

Quadrant Energy has applied to NOPSEMA to conduct a seismic survey in the Bedout sub-basin offshore Australia. Quadrant Energy, which was recently acquired by Santos, is eager to acquire additional subsurface data for further appraisal of identified hydrocarbons in several reservoirs within the Bedout sub-basin. NOPSEMA said the proposed Keraudren seismic survey would be conducted approximately 118km off Port Hedland in water depths of 50m to 150m. The survey is in permits WA-435-P,...

Fresh exploration potential in offshore Argentina highlighted in new study.

20/11/2018 Posted by Dale

Explorers interested in Argentina’s upcoming offshore bid round will benefit from a new geological study which constrains the timing and structural context for Triassic to Early Cretaceous basin development prior to and during continental rifting of the South Atlantic Ocean. This new framework for basin evolution will inform exploration strategy and reduce investment risk in the unexplored and underexplored Argentina and Falklands regions. The Offshore Argentina and Falkland Islands...

Fast-Track PSTM Data from CGG’s Mozambique Multi-Client Survey available

13/11/2018 Posted by Dale

CGG announced during Africa Oil Week that the fast-track 3D seismic data from its recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license. Interested international oil companies with an Africa focus can view the high-end data set in CGG data rooms in anticipation of the country’s 2019 licensing round. The data covers a 15,400 km² area over blocks Z5-C and Z5-D and surrounding open acreage. It was acquired as part of a multi-client program...

Seismic (public)

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