Exploration news

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.

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.

The company has entered into an agreement with Eni to acquire a 30% participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighbouring offshore blocks along the Atlantic coast of the Kingdom of Morocco.

The company entered into an agreement with Eni to acquire a 25.5% participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique.