Seismic industry faces revenue collapse, says Rystad Energy
Rystad is estimating that the industry's revenues will fall this year by 51% in a US$30 Brent scenario and by 77% if the Brent falls to US$20, compared to levels seen in 2019.
Exploration - 21 April 2020
SeaBird Exploration receives letter of award for contract in South America
The contract is expected to start in 3Q20, with a duration of about 30 – 45 days.
TGS completes reprocessing of new 2D survey in Russian Sea of Okhotsk
First data from the 21 631 km2 regional 2D seismic survey offshore Sakhalin Island has been sent out to pre-funding customers and is now available to all industry customers.