Exploration

Alaskan oil production peaked in 1988 at around 2 million bpd and has been falling since, possibly down to 510 000 bpd this year. Steven Kopits, Douglas-Westwood New York explains.

Fugro commences geophysical, geotechnical and metocean services for Repsol in presalt block offshore Brazil.

Strong crude prices and strengthening natural gas prices to propel the Texas Petro Index to a record high for the second straight month.

OXY in Colombia has selected SGS to provide construction supervision services for infrastructure projects needed to exploit the Caño Limón oilfield.

Following the release of a report on climate change action, the EESI and US DOE have responded.

Total has announced that it has received approval from the South African Authorities and has completed the acquisition of a 50% interest in Block 11B/12B.

An update on the CGG and Baker Hughes shale alliance announced during the 2012 SEG annual meeting.

Rosneft and Engel have signed an agreement on the long-term gas supplies to Engel OGK-5 enterprises

The ‘Sandman’ deepwater broadband survey on the Northwest Australian shelf was awarded to the company by Shell Development Australia Pty Ltd.

The programme represents the largest microseismic programme undertaken by the company to date, comprising 136 monitored stages over 10 wells.

CGG has announced that the Fast Trax TTI RTM processed data from its IBALT broadband full-azimuth survey covering over 5000 square kilometres

New collaborative technology framework for seismic interpretation environment provides easy access to multiple software packages, improved data management and reduced data storage costs, and enhanced asset team productivity.

Douglas-Westwood’s annual report on deepwater production shows Asia Pacific emerging as a high-growth opportunity – albeit from a small base – as depleting shallow water fields drive the industry into deeper waters.

US Department of Energy has announced new investments of over US$ 30 million to better protect the nation’s critical infrastructure from cyber attack.

Oilfield Technology correspondent, Gordon Cope concludes his explanation of how although combining enhanced oil recovery with carbon sequestration sounds like a win-win situation, significant hurdles stand in the way.