Federal Scholarship

Applications for the $5,000 Horstman Postgraduate Scholarship are now open. Find the details here

Latest News

Searcher announces Offshore Peru Multi-client Campaign

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Searcher has reached agreement with Perupetro to produce four new multi-client projects as part of its Offshore Peru Multi-client Campaign. Searcher said this would be the first time any single company has presented the industry with the opportunity to interact with such an expansive collection of “highly enhanced exploration data which will have benefited from modern processing, interpretation and digitising techniques”. “Confident interpretation, regional reconstruction and...

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CGG begins new 3D broadband survey in deepwater Brazil

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CGG has commenced acquisition of Nebula 3D, a new, large, long-offset BroadSeis™ survey located in the Campos and Santos Basins, offshore Brazil. With an initial focus on Brazil’s 15th License Round blocks, the data is being acquired by the Geo Caribbean and a portion of the survey will provide 3D data coverage where no other 3D data currently exists. CGG said the company’s Geoscience’s Subsurface Imaging Centre in Rio will employ the latest, most advanced data processing...

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Gulf of Mexico Lease Sale Yields More Than $159 Million in High Bids

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United States Interior’s Deputy Assistant Secretary for Land and Minerals Management Andrea Travnicek has announced that region-wide Gulf of Mexico Lease Sale 253 generated $159,386,761 in high bids for 151 tracts covering 835,006 acres in federal waters of the Gulf of Mexico. A total of 27 companies participated in the lease sale, submitting $174,922,200 in all bids. “We are excited about the results from today’s lease sale, which show a continued upward trend for the year. The...

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Oil in Permian Basin

Oil and gas sector tops Forbes 2019 list of world’s largest public firms in revenue generation

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Oil and gas edged past technology and communication to emerge as the top sector in the Forbes 2019 list of world’s largest public companies with a 16.2% year-on-year (YoY) growth in revenue generation, according to data and analytics company, GlobalData. GlobalData analyzed the year-on-year change in sales and profits of the top 10 sectors by sales and the geographical spread of Forbes Global 2000 largest public companies and normalized into appropriate sectors. Parth Vala, Company...

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US oil boom breaks records

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The United States leads the world in crude oil production and continues to set new records. The US produced an average 12.2 million barrels of crude oil per day in April. That marked the first time monthly oil production surpassed 12 million barrels per day, according to the U.S. Energy Information Administration. “We are in the midst of a transformational energy era with America leading the world in oil and gas production,” Secretary of Energy Rick Perry said in a July 16...

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Shearwater completes survey over Shell’s Pensacola prospect

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Shell, in conjunction with non-operated partner Cluff Natural Resources, has completed a 3D seismic survey extending to approximately 420 km2 over the Pensacola prospect on Licence P2252 in the Southern North Sea, offshore the UK. The survey, conducted by Shearwater GeoServices using the Polar Express, was completed on time and with no adverse incidents on 21 August, Cluff Natural Resources said. Under the farm-in agreement, Shell are paying 100% of costs of the seismic acquisition,...

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2019 PESA HORSTMAN FEDERAL POSTGRADUATE SCHOLARSHIP

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PESA is offering a new postgraduate scholarship to eligible students currently conducting research in a petroleum geoscience related project within Australia. The award, known as the Horstman Federal Postgraduate Scholarship, consists of an annual prize of $5000 to the successful recipient as part of PESA’s program to promote and encourage petroleum geoscience research and education in Australia.

 This award is open to postgraduate research students enrolled in a PhD or Masters...

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PESA WA, August Technical Lunch

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Chris Fielding, a current editor of Earth Science Reviews, was the guest speaker at the PESA WA Technical Lunch for August. The presentation showcased the critical importance of high quality field work in understanding depositional processes and environments of coastal to shallow marine sandstone bodies in the Cenomanian/Turonian succession of Utah and Wyoming. The talk included details on the mapping and interpretation of Frontier deltas across a 70km by 5km section in the Vernal area of...

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Meet our Bright Sparks

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Bright Sparks are people that light up our industry in ways you won’t expect. Read the unique stories of the extraordinary individuals powering our homes, towns and cities, every day. Find it here: www.bright-r.com.au/brightsparks Included in the initial group of Bright Sparks are the following 14 individuals, including several PESA  members:

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ConocoPhillips Darwin LNG facility

ConocoPhillips files environmental plan for Barossa field development

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ConocoPhillips and its joint partners SK E&S Australia and Santos have submitted an environment plan to NOPSEMA to develop the Barossa Gas Field, located 300km northwest of Darwin. The development includes bringing gas and condensate from subsea wells to a floating production storage and offloading (FPSO) facility via a network of subsea flowlines and risers. Initial processing would occur on the FPSO to separate the gas, water, and condensate. The condensate would be transferred from...

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