Total Launches New Supercomputer
Energy major Total said its new supercomputer - which has propelled it to a world ranking as the most powerful computer in the sector - will enable its geologists to find oil faster, cheaper and with a better success rate.The Pangea III computer build by IBM will help process complex seismic data in the search for hydrocarbons 10 times faster that before, Total…
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, will work collaboratively with Spanish energy company Repsol to implement and deploy advanced subsurface imaging technologies…
Eni Makes Major Oil Find Offshore Angola
Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated to contain between 450 and 650 million barrels of light oil with further upside.The discovery was made in the Agogo-1 NFW well…
Total Plans Biggest Exploration Drive in Years
Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company's focus on risky long-shots in favor of areas known to contain commercial levels of oil or gas.The French major aims to drill 23 wells this year, its senior vice president for exploration, Kevin McLachlan, told Reuters, in waters off Mauritania…
Big Oil Digs North Sea's 'Final Frontier'
"Little hope of THIS rock ever producing oil," BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region, which this week started its second phase of production.The giant bridge-linked Clair Ridge platforms are among the projects that have given new life to this area of the North Sea…
High-End Seismic Imaging Solves Shallow Gas Challenges
The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking GrabenCGG 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.
CGG Begins Seismic Survey off SE Australia
CGG said it has begun its Gippsland ReGeneration 3D reprocessing project in Australia’s premier Gippsland Basin, in South-East Australia. Historically, imaging the Gippsland Basin’s shelf break and numerous submarine channels has proven extremely challenging, but with the application of CGG’s latest high-end technology and workflows, including advanced de-multiple and high-frequency FWI…
BP Doubles Down on Deepwater
About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. On the deck of Thunder Horse, they work two-week shifts, drink seawater from a desalination plant, and eat ribs and chicken ferried in by boat. On the ocean floor, robots provide remote eyes and arms as drills extract up to 265,000 barrels per day.
CGG Launched Multi-Physics Imaging Group
CGG’s Multi-Physics business line has launched its Multi-Physics Imaging group, consolidating its recognized expertise in multi-physics data processing and interpretation, trusted technical consulting services and specialized commercial software development into a single global team. As a complement to CGG’s seismic Subsurface Imaging capabilities, Multi-Physics Imaging helps oil and gas…
Slumping Oilfield Services Sector bets on Offshore Tech
The oil industry's top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference, the industry's annual gathering of floating rig and subsea well suppliers, sales pitches this year are all about cost savings and faster time to first production. With U.S.
One Billion Additional Barrels 'Possible' in GoM Hubs -BP
The head of BP's Gulf of Mexico region said on Monday the oil company's use of a new seismic imaging technology has identified 1 billion additional barrels of "possible resources" at four of its U.S. offshore fields. Richard Morrison, the BP region president, said at the Offshore Technology Conference in Houston that its "full waveform inversion" imaging techology was applied to data from its Atlantis, Mad Dog, Thunder Horse and Na Kika fields.
CGG Completes Industry-First FalconPlus Survey BAPCO
CGG has completed the acquisition and processing of the first ever Airborne Gravity Gradiometry (AGG) survey of the Kingdom of Bahrain. Conducted on behalf of the Bahrain Petroleum Company (Bapco), this was the first commercial survey to be acquired worldwide using Falcon Plus, the newest release in CGG’s highly successful suite of Falcon AGG systems and the lowest-noise AGG system available.
Shell's Search for Oil Moves Closer to Home
In the waters off Malaysia, Royal Dutch Shell is finding gas quickly and cheaply to replenish depleting fields where only a few years ago geologists had lost hope of discovering any new reserves. The Anglo-Dutch group is combining the latest technology with the wisdom of industry veterans to unlock new oil and gas deposits where it already operates, usually within 20 km (12 miles) of existing platforms.
CGG Launches Shallow Reservoir Imaging Solution
CGG announced at ONS 2016 the launch of TopSeis, the latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic. Exacerbated by the use of progressively wider spreads to meet the industry’s quest for greater efficiency, the lack of near offsets leads to an inability to image shallow geological features…
Emerson Donates Reservoir Management Software To UTP
Emerson Process Management has donated unlimited licenses of its reservoir management software to Universiti Teknologi PETRONAS (UTP). As a sign of its appreciation of this donation, UTP held an official ceremony for the handover of the donation at its campus, attended by representatives from both Emerson Process Management and UTP. The partnership is part of…
Jee to Support Enhanced Oil Recovery Project
Aberdeen based Jee Ltd, an independent multi-discipline subsea engineering and training firm, has been awarded a contract from Amec Foster Wheeler for the front end engineering design (FEED) of a jacket rigid polymer injection riser package (including J-tubes) as part of an enhanced oil recovery (EOR) field development. The pilot project will demonstrate the use of polymer chemical injection technology…
O&G JIPs Target Seismic Imaging, Cyclone Forecasting
Global oil and gas companies have funded two joint industry projects (JIP) through the Industry Technology Facilitator (ITF), the details of which will be announced at the Technology Showcase conference and exhibition in Aberdeen Wednesday. The Fullwave Game Changer research project has been extended for a further phase with a consortium of 15 oil and gas operator and service companies working in collaboration with Imperial College London.
