Tuesday, November 5, 2024

Geophysics News

Alaska's North Slope Holds 3.6 Bn Barrels Oil

U.S. Geological Survey (USGS) department estimated that Alaska's Central North Slope 3.6 billion barrels of oil. Assessment also included estimate for 8.9 trillion cubic feet of natural gas.This assessment does not include discoveries…

Rotterdam Port Explores Option of Geothermal

Research into the geothermal port of Rotterdam is entering the next phase, according to the Port of Rotterdam Authority.Shell Geothermal BV and the Port of Rotterdam Authority are jointly investigating the options for geothermal…

SAExploration Wins $130Mln of New Projects

Houston-based  global seismic services company SAExploration announced a combined $130 million of new projects in Alaska, Canada and the Middle East.According to the geophysical services provider the largest contract is valued…

Schlumberger, WesternGeco to Provide E&P Data

WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions.The collaboration will bring together data…

Poland Employs New Seismic Tech

The Polish state-controlled oil and gas company PGNiG said that its geophysical services provider Geofizyka Toruń SA became the first company in Europe to employ new seismic data acquisition technologies in searching for hydrocarbon…

Repsol, Emerson Pact for Geoscience R&D

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company…

Exxon Resumes Seismic Survey in Guyana

© Daniil Belyay / Adobe Stock

Exxon Mobil Corp has resumed seismic exploration for oil and gas off of the coast of Guyana after halting work in December due to a run-in with the Venezuelan navy, a Guyanese government official said on Tuesday.Vessels have been able to travel unimpeded since the incident…

Seismic Surveys Delayed in US Arctic

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There will be no seismic exploration this winter on the coastal plain of the Arctic National Wildlife Refuge, the Interior Department said on Friday, after the company seeking permission to conduct the tests ran out of time to…

PGS Updates on Seismic Acquisition Contract in South America

Norwegian seismic player Petroleum Geo-Services ASA (PGS) updated on changes of the contract for the 3D survey in South America announced November 14, 2018.The vessels Ramform Atlas and Ramform Tethys mobilized early December 2018 for this survey.

EMGS Vessel Utilisation Stands at 32% in 4Q

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

Lebanon 2nd Offshore Licensing Announced

The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the Lebanese 2nd licensing round for hydrocarbon exploration…