Exploration

The contract is for the support of Shell’s exploration campaign in Black Sea, Bulgaria, in partnership with Bulgarian operator Bon Marine.

The oil discovery was made in the second exploratory well H2, located in the block KG-OSN-2009/3.

GeoSoftware, part of CGG’s Geoscience Division, has renewed the donation of its HampsonRussell seismic reservoir characterisation software to CERENA/Instituto Superior Técnico (IST) University in Lisbon, Portugal.

The Malaysian oil and gas services company declared net profits of US$123.01 million for the quarter ended 31 January 2019.

The consortium of Bharat Petroleum Corp. Ltd and Indian Oil Corp. Ltd. will hold a 100% stake in the exploration phase to explore for and appraise oil and gas opportunities.

The introduction of a royalty imposed on investors may be counter-productive for the government in the longer term, according to GlobalData.

Following a record five years of sustained production rates of over 97%, CGG Multi-Physics finished 2018 with a production rate for Marine GravMag of over 99% for the second year in a row.

With nearly 70 years in mapmaking in America’s most prolific oilfield, Midland Map offers current and historical intelligence on Lease and Ownership, Producing Zones, Wildcat Maps, Base Maps, and various other maps found nowhere else on earth.

The company has successfully completed the Froskelår Main exploration well in licence 869 in the Alvheim area.

SigmaWave is fully integrated with Sercel’s existing downhole seismic tools and enables continuous, real-time seismic measurements along the entire length of a fibre optic cable.

The company has commenced its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect.

The solution can be fitted to all Sercel Nomad seismic vibrator trucks and works by optimising a truck’s travel time to the next vibrating point (VP) and reducing baseplate dead time.

The Abu Dhabi National Oil Company signed an agreement awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX CORPORATION.

Jo Firth and Priyabrata Pradhan, CGG, UK, explore the value in reprocessing legacy seismic data sets.

Frontera Energy Corporation and GeoPark Limited, as part of a consortium, have announced that they have been awarded production sharing contracts on two blocks in Ecuador's Intracampos Bid Round.