
Phoenix Global Resources awarded unconventional concession in Vaca Muerta formation
The concession covers the Puesto Rojas block in Mendoza province, Argentina.
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The concession covers the Puesto Rojas block in Mendoza province, Argentina.

The Rolvsnes oil discovery is located in PL338C on the southern side of the Edvard Grieg field and is a fractured and weathered granite basement reservoir.

Exploration started with a bang in 2019 with a frontier discovery by a Total led joint venture at Brulpadda in South Africa, which follows the hugely successful play opening Liza discovery in Guyana in 2015 by an Exxon led JV.

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.

To ensure the integrity of stored sample assets, the purpose-built 60 000 ft3 facility is securely enclosed and video-monitored.

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.

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.

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.