Exploration news
Faroe petroleum: Goanna exploration well commences
The Goanna licence is located in the northern part of the Norwegian North Sea, near the border with the UK and adjacent to the giant producing Statfjord and Snorre fields.
CGG starts Espirito Santo IV survey offshore Brazil
CGG has announced the start of work on Espirito Santo IV, a large BroadSeis™ 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil.
Schlumberger completes multipurpose vessel seismic acquisition survey for Roc Oil in Malaysia
The 340 km2 3D seismic survey was acquired offshore Sarawak, Malaysia, for Roc Oil using a triple source array with simultaneous recording by ocean-bottom nodes and a towed-streamer spread, all from a single seismic vessel.
FairfieldNodal to acquire WGP, a provider of marine geophysical services
FairfieldNodal announces it is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the U.K.
Frogtech Geoscience improves petroleum prospectivity screening by solving the regional heat flow puzzle
Australian geoscience company Frogtech Geoscience has announced the release of TERRAFLUX, an innovative multi-client heat flow product, providing a unique new approach to assess regional heat flow variability for petroleum system modelling.
FairfieldNodal and Schlumberger multiclient joint venture: Phase 1 begins shooting in Southern Delaware Basin
The FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in the southern Delaware Basin of West Texas, known as Coyanosa Phase I, is scheduled to begin shooting late-August.
API: Expanding offshore energy opportunities will benefit American consumers
The API has urged the US administration to expand the next five-year offshore oil and natural gas leasing program to include areas of the Outer Continental Shelf, including the Atlantic, Eastern Gulf of Mexico, and Arctic.
GeoPark announces new oilfield discovery in Argentina
The Rio Grande Oeste 1 exploration well was drilled and completed to a total depth of 5500 ft targeting the Grupo Neuquen formation, where 15 different potential reservoir sands were identified - at depths that range from 1800 - 5500 ft - with a potential net pay of 400 ft.
Zambia commissions first oil survey
Early-stage natural resources exploration marks milestone in Zambia’s diversification agenda as the nation moves towards becoming a middle-income country by 2030.
ION expands 2D data library with new acquisition offshore Panama
This is the first seismic survey acquired there in approximately 30 years. PanamaSPAN™ is designed to provide the framework to evaluate the hydrocarbon potential of this unexplored area ahead of the anticipated inaugural license round.