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Industry News: Santos Continues to Push Pedal Power
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
WA PESA members will be relieved to hear that Australian energy company Santos recently announced it has renewed its partnership with the Santos Great Bike Ride for Charity, for a further three years. ...
Industry News: Drill Lined Up for Highly Prospective Tunisian Play
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Jacka Resources has taken a decisive step forward towards production by securing the GSP Jupiter jackup rig for its forthcoming well at Hammamet West, offshore Tunisia. ...
Industry News: Dinosaurs Out of Step with Woodside
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
It's a decision which has, in the words of Paul Vogel, Chairman of the EPA, 'divided the community and sparked unprecedented debate'....
Industry News: ‘Positive Step’ to Develop Timor Sea Plays (a)
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Santos has entered into an agreement with ConocoPhillip and SK E&S (SK), an affiliate of South Korean conglomerate SK Group, to progress the development of the Caldita and Barossa gas discoveries located in the Timor Sea. ...
Industry News: Viral Sabotage Clone Website Hits Shell Where It Hurts
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
A spectacular exercise in corporate sabotage unfolded across social media sites and the internet in July as environmental activist group Greenpeace and the Yes Men created a Shell clone website, stood back, and watched the mayhem spark across the wor...
Industry News: Senex Energy Raises Funds for Cooper Basin
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
A fully underwritten institutional placement will raise $50 MM and a two-for-13 accelerated entitlement offer for the remaining S 1 OS MM. The offer price is 74c a share, which compares with Senex's last sale price of 88.5c a share. Senex's biggest s...
Industry News: Encounter-1 Produces Shale Gas for Beach Energy
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Beach Energy has produced shale gas from its Encounter-1 well in central Australia's Cooper Basin, which has tested at a combined rate of over 2,000 MMcf/day, the company said in July. ...
Industry News: Pressure Rising on KLC
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Controversy continues to swirl around the Browse LNG project in the Kimberley, in relation to a dispute between Woodside, WA's State Government and the Kimberley Land Council (KLC). ...
Industry News: Petroleum and Geothermal Open Day
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
The Western Australian Department of Mines and Petroleum (WA DMP) Petroleum and Geothermal Open Day will be held at the Esplanade Hotel in Fremantle Thursday 6 September 2012 immediately after the Good Oil Conference. ...
Industry News: ‘Positive Step’ to Develop Timor Sea Plays (b)
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Santos has announced that it had entered into an agreement with ConocoPhillip and SK E&S (SK), an affiliate of South Korean conglomerate SK Group, to progress the development of the Caldita and Barossa gas discoveries located in the Timor Sea....
Industry News: DownUnder Rides into Houston and London
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Down Under GeoSolutions is having a tremendously busy year, opening not one new international office, but two. The DownUnder GeoSolutions' Houston office is now open and London is being established in August. ...
Industry News: CGG Technical Forum and Courses in Asia Pacific
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Hampson-Russell software and services is inviting PESA members to attend their HRS-9 technology forums in Australia 2012. Registration is free.
The object of the forum is to let the industry see and learn about the company's latest software ...
Industry News: CGGVeritas Opens Melbourne Processing and Imaging Centre
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
In June CGGVeritas announced it has opened a new processing and imaging centre in Melbourne. The centre extends the services and accessibility of CGGVeritas in Australia where it has had an ongoing presence since 1981 and opened its main Perth office...
Seismic Technology: It’s the Fluids that Matter: Solutions To Reservoir Property Prediction
- Publication Name: PESA News
- Authors: Andrew Long and Folke Engelmark, PGS
- Date Published: August 2012
Abstract:
Fluids in a rock
Oil or gas in a reservoir rock is not a simple case of a fluid occupying a space such that the fluid can occupy all the pore space (1 00% saturation) and then be completely replaced by water during ...
Seismic Technology: A Regional Velocity Cube for Depth Conversion on the Northwest Shelf
- Publication Name: PESA News
- Authors: Maighréad Ni Dheasúna, Mark Ballesteros, Searcher Seismic; James Leven, Aker Solutions
- Date Published: August 2012
Abstract:
Accurate knowledge of the speed at which seismic waves travel through subsurface rocks is critically important for seismic processing, imaging and interpretation, in essence because seismic data is acquired in the time domain, whereas prospect evalua...
Seismic Technology: Submarine Fan Chronostratigraphy from Wheeler-Transformed ION BasinSPAN Seismic Data, Late Cretaceous – Tertiary, Offshore Tanzania
- Publication Name: PESA News
- Authors: Katie-Joe McDonough, Eric Bouanga, Claire Pierard, Edward J. Sterne, James W. Granath, Al Danforth, Jon S. Gross
- Date Published: August 2012
Abstract:
Great excitement has recently flowed from the East African and international press at the news of major gas discoveries in Tanzania and Mozambique. Gas discoveries of approximately 100 Tcf in Mozambique and close to 30 Tcf in Tanzania have been annou...
CSG: Innovation May Offer Solution to CSG ‘Cross Communication’ Concerns
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
The perceived or real concerns the public have about the issues surrounding CSG and aquifer 'cross communication' continued to rumble on in the winter months of 2012. ...
LNG: Japanese Firms Snap Up Aussie LNG
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
An agreement between Australia Pacific LNG Pty Limited and the Kansai Electric Power Company was inked recently, securing the supply of approximately 1 MM tonnes of LNG per year for the next 20 years to the Japanese market.
...
LNG: Australian Hat-trick for Aker Solutions’ Subsea Umbilicals
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
In July Aker Solutions signed a contract with McDermott, the main EPCI contractor for the Ichthys gas-condensate field development subsea umbilical, riser, flowline (SURF) project, for INPEX in Australia. The contract value is approximately NOK 440 m...
LNG: MEG Reclamation Plant Deal Lined Up for lchthys
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
The Ichthys LNG behemoth plant has taken another step towards its goal of full operational activity by the fourth quarter of 2016....
Environment: Renewable Energy Becomes an Investor Safe Haven
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
"...we should be making Australia a more attractive place for renewable energy investments"
Renewable energy investments are now beginning to be perceived as safe and stable as conventional infrastructure asset clas...
Editor’s Comment: The Armchair Olympian
- Publication Name: PESA News
- Authors: Adrian Williams
- Date Published: August 2012
Abstract:
By the time you receive this edition, many of you will be in recovery mode from another Olympic Games - late nights and early mornings spent cheering on the Aussie teams in all manner of sports. For many it will have all been too hard to bother. Adde...
Environment: Shell Facing Monster $5B Fine Over Nigerian Oil Spill
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
An oil spill just before Christmas which affected approximately 950 km2 of water surface 120 km offshore Nigeria may end up costing Shell dearly, despite the company's insistence that the incident was contained and resulted in no onshore e...
Special Focus: Have We Caught the Dutch Disease?
- Publication Name: PESA News
- Authors: Troy Douglas
- Date Published: August 2012
Abstract:
In an exclusive interview, Murdoch University's Senior Economist, Ranald Taylor offers his opinion on Australia's current predicament: The Resources Curse.
Australia is currently experiencing a gas bonanza, which sounds gre...
Special Focus: Are We Chasing Tulips?
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
We have all witnessed a real estate bubble, the stock market bubbles and the dot.com bubble, just to name a few.
In each instance when these bubbles burst people stood around afterwards and said; "What were we thinking?"...
Special Focus: The Cure
- Publication Name: PESA News
- Authors: Troy Douglas
- Date Published: August 2012
Abstract:
Minister for Resources and Energy, Martin Ferguson has commented to PESA News Resources that the Dutch Disease is a phenomenon not being experienced in Australia; he claims that Dutch Disease is mainly relevant as a result of declining reserves. Howe...
Safety: Australia Lagging Despite Safety Improvements
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Australia lags behind in safety compared to international benchmarks despite the rate of major offshore injuries has been reduced since 2008, according to APPEA Chairman David Knox...
Unconventional Gas: Beach and Icon Forge Ahead with Vertical Drilling Plan
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Beach Energy Limited and Icon Energy Limited announced in July that they had agreed to leverage off Beach's PEL 218 success to date by initiating the unconventional exploration program in the ATP 855P permit with a vertical exploration well, some thr...
Onlaps: In Praise of Older Cycles – Part 1 of 3
- Publication Name: PESA News
- Authors: Rob Kirk (robkirkconsultants@bigpond.com)
- Date Published: August 2012
Abstract:
In this group of articles I would like to discuss our geology and seismic within different 'orders' of cycles with the aim of possibly better predicting reservoir distribution....
Women in Petroleum: Mother’s Pride: Ten Years On
- Publication Name: PESA News
- Date Published: August 2012
Abstract:
Back in 2002, PESA News ran an article revealing how women - particularly mothers- in the industry were faring, juggling the work/life balance in a traditionally male-dominated sector.
Ten years on, we revisit some of those same women: Karen...