Spectrum and TGS have joined forces and expanded the Santos 3D seismic program to 15,000 square kilometers over the prospective southern Santos Basin offshore Brazil. TGS and Spectrum will be equal partners with seismic data processing and imaging to be performed by TGS. The survey covers an area south of the high profile discoveries of the Santos Basin and the recent sought after blocks offered in Rounds 2,3,4,5 and 15. Rune Eng, CEO Spectrum, comments, “Spectrum is excited to cooperate with TGS in this survey over such a highly prospective area.
Latest News
Wood wins new IRPC contract in south east Asia
Wood has been awarded a new contract by IRPC Plc for its Maximum Aromatics (MARS) project, leveraging its operations in the south-east Asian oil and gas market. Wood will provide frontend engineering design (FEED) for the world-scale paraxylene complex to be built at IRPC’s existing integrated petrochemical complex in Rayong Province, Thailand. The one-year contract will be delivered from Wood’s offices in Sriracha, Thailand, and secures around 100 jobs in-country.
Geoscience awards its top guns with national honour
Two of Australia’s foremost proponents of better ways to discover our natural resources using great science have been honoured in Adelaide by Australia’s Geoscience sector. The title of “National Geoscience Champion” has been bestowed by the Australian Geoscience Council (AGC) on each of Dr Marita Bradshaw of Canberra and Emeritus Professor David Groves of Perth, at an industry peer dinner in Adelaide hosted as part of the AGC’s inaugural four-day Convention last week in Adelaide.
High-End Seismic Imaging Solves Shallow Gas Challenges
The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking Graben, CGG has announced. CGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea. The latest visco-acoustic (“Q”) velocity modeling and seismic imaging technologies have been applied to BroadSeis™ broadband variable-depth streamer field data, acquired between 2014 and 2016. The final output forms a contiguous data volume covering 35,400 km².
QLD Branch October Technical Meeting – Mark Casey, Senex Energy
PESA Queensland were delighted to welcome Mark Casey from Senex Energy to speak at the October technical meeting. Mark Casey is the Development Manager at Senex Energy, responsible for Cooper Basin developments. He has over 15 years of experience in Australia, UK and Denmark primarily focused on field development and reservoir management in clastic, carbonate and CSG reservoirs. Mark started his career in the Cooper Basin and Queensland CSG assets working for Santos, before heading to Europe where he worked with Talisman Energy and Maersk Oil, primarily on their North Sea assets.
2018 SEG/AAPG Distinguished Lecturer in Perth
On 15th August, ASEG and PESA WA Branches jointly hosted the 2018 SEG/AAPG Distinguished Lecturer Satish Singh on the topic of “Seismic Full Waveform Inversion for Fundamental Scientific and Industrial Problems”. This programme is supported through the SEG Foundation by PGS and Equinor (formely Statoil). Satish had visited Singapore, Indonesia, New Zealand and the eastern states of Australia before arriving in Perth. The evening lecture was held at CGG 's ground floor function room and it kicked off with over 60 members, from various professional and academic backgrounds attending, socialising over food and beverages.
PESA QLD 2018 Symposium Exploration: Back in the game
September 6th saw the return of the PESA Queensland annual Symposium. The theme this year was Exploration: Back in the Game, a fitting theme as increasing oil price sees an increase in activity within the state.
The festivities kicked off on Wednesday evening at the Southbank Beer Garden with an Icebreaker where the presenters, organisers, attendees and sponsors mingled. This casual affair was enjoyed by all and has been a regular feature of the Annual PESA QLD Symposium.
As delegates arrived Thursday morning, they were greeted by the aroma from the Comet Ridge Limited sponsored coffee cart and a selection of Exhibition Booths presented by ALS, ERC, GeoConsult, GSQ, Synterra and Velseis.
PESA WA Branch September Lunch – Salt Tectonics within the Petrel Sub-basin
PESA WA Branch hosted Chris Elders, Curtin University at their September luncheon where Chris discussed some of the findings of recent research into the salt tectonics within the Petrel Sub-basin and the salt structures that these processes have formed over time. Chris mentioned a seismic stratigraphic study that showed the relationship between salt structures and the complex multi-phase evolution of the Petrel Sub-basin. Changes in thickness of the surrounding sediments indicate that the salt was deposited as part of the syn-rift sequence, and a significant phase of mini-basin formation across large areas ensued until the end of rifting.
Po Valley retains north Italian oil assets after key shareholder in private UK buyer blocks sale
Australia’s Po Valley Energy is to retain full ownership of two onshore oil fields in northern Italy after their sale to a private London-based resources company, Delta Energy Limited, was blocked by one of Delta’s large shareholders. After a year of substantial expenditure, due diligence and rising oil prices, Delta’s management is understood to have fully endorsed the acquisition of the large Cadelbosco di Sopra (Po Valley 85%) oil exploration licence and adjoining smaller Grattasasso (100%) oil exploration licence in northern Italy.
The value Geoscience brings to Australia
IN an opening address in Adelaide at the first session of the four day Australian Geoscience Council Convention, Geoscience Australia Chief Executive, Dr James Johnson, said geoscience was providing immense value to society, from the economic benefits of resource development through to GPS positioning, underpinned by the science of geodesy. “It is important that we, as geoscientists, act as ambassadors for our science, to raise awareness of the general public on how geoscience benefits society. Even Earth observations from space are becoming increasingly important in monitoring environmental change and in natural resource management,” Dr Johnson said.