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Contrary to information that has been incorrectly published recently in PESA News, reporting the new acquisition of seismic data in offshore Papua New Guinea (PNG) by Shearwater, the Nanamarope Non-Exclusive 3D Marine Seismic Survey was actually acquired by Searcher, utilising PXGEO's Seismic Research Vessel (SRV) PXGEO 2. The survey was acquired between May and June 2023, with final processing deliverables released in March 2024. 

The acquisition of the Nanamarope survey adds to Searcher's vast multi-disciplinary geotechnical database in PNG, which includes over 80,000 km of 2D new acquisition and reprocessing, 3,500 sqkm of 3D new acquisition and reprocessing, as well as 60,000 sqkm of Airborne Gravity Gradiometry & Magnetics data and a Geochemical survey covering offshore PNG (Figure 1).

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Viridien has been awarded a comprehensive remote sensing program by Minerals Development Oman (MDO),in the Sultanate of Oman, to identify, map and rank mineralization prospectivity potential across seven concessions, covering a total area of 16,000 km².

Following a series of remote sensing programs conducted to support mineral exploration initiatives, Viridien said it was now pleased to aid the strategic development of Oman's mineral resources led by MDO.

Viridien's multi-disciplinary team of experts will use machine learning, high-performance computing, advanced processing algorithms and archives of multi- and hyperspectral satellite imagery to create their innovative Bare Earth Plus models.

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Tamboran has reflected on four key milestones as it charts its course towards future gas supplies to the eastern states, Asia and the Northern Territory.

The ASX and NYSE-listed explorer revealed: 

That the year to June 2024 was one in which Tamboran kicked key goals by:

Via the company’s successful IPO on the NYSE Tamboran had also:

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Key markets in the electric vehicle (EV) transition are falling behind in their stated goals for public charging infrastructure, according to latest figures on World EV Day™.

The data reveals that the US, Europe and the UK are more than six times behind the number of plugs needed to meet growing EV demand by 2030. The US, the world’s second-largest EV market, has under 200,000 publicly available charging ports*, with over one million more needed by 2030, according to McKinsey**, representing a 550% increase. Europe needs a 5.

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The cost of developing new upstream oil projects is continuing to rise as inflationary pressure and supply chain woes endure. New research from Rystad Energy shows that the average breakeven cost of a non-OPEC oil project grew to $47 per barrel of Brent crude, a 5% increase in the last year alone. Despite rising costs, breakevens are still less than current oil prices.

Offshore deepwater and tight oil projects remain the most economical new supply sources, with oil sands still the most expensive.

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In this article, Dr. Neil Bird, Chief Scientist at Fluenta, has provided commentary on the new Bureau of Land Management rule targeting methane management in the oil and gas industry. He highlights the need for operators to adopt advanced technologies like ultrasonic meters to stay compliant, reduce emissions, and prepare for increased scrutiny with the upcoming MethaneSat data.

"As the oil and gas industry grapples with the recent Bureau of Land Management rule change, it’s clear that we’re entering a new era of accountability, especially when it comes to managing methane emissions.

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