Exploration news

CGG has completed acquisition of its Chickasha 3D survey in Grady and Caddo Counties, Oklahoma. CGG has also purchased the rights to the Ft. Reno 3D survey in Canadian County, adding to its continuously growing data library.

The company has also appointed a new COO, Gavin Lindsay, who joins from READ Cased Hole.

The technology enables the mapping of reservoir and fluid boundaries over 200 ft (61 m) away from the wellbore.

Equinor has received consent from the Petroleum Safety Authority to drill appraisal well 6608/10-18 in production licence 128 D in the Norwegian Sea.

Shell Offshore, Inc. has announced a large, deepwater, exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well (100% Shell). 

Faroe Petroleum has been awarded a new prospective exploration licence under the 30th Licence Round on the UK Continental Shelf.

Tamarama-3 now cased and suspended for fracture stimulation and flow testing.

"Our first quarter results are in line with expectations, with solid revenue growth and an improvement in our EBITDAs margin compared to the first quarter of 2017" – Sophie Zurquiyah, CGG CEO.

Ophir has announced that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea.

Phases I and II of Coyanosa acquisition complete; data ready for processing.