Geology & Geophysics

News
May 02, 2024
Halliburton Company has recently unveiled GeoESP lifting pumps, a cutting-edge submersible borehole and surface pump technology tailored for geothermal energy applications.
News
April 08, 2024
While PGS didn’t reveal the exact location of the contract, recent finds in Namibia and Uruguay suggest the work will take place in these emerging exploration hot spots.
News
March 31, 2024
Activities include acquiring over 26,000 km2 of 3D seismic data, drilling at least four deepwater research wells, and geoscientific studies in the Save and Angoche offshore regions.
News
March 26, 2024
By combining Chevron’s artificial-intelligence models for automated fault detection, with Eliis’s global methods for advanced seismic interpretation, the time needed to perform structural interpretation, in all geological settings, can be reduced by orders of magnitude.
News
March 21, 2024
The survey revealed a Messinian evaporite layer of variable thickness extends across most of the area. The survey is tied to the Kiwi-1 well, one of the few wells in this deepwater area, and primary targets are likely to be pre-salt Oligo-Miocene structures with clastic reservoirs.
News
March 11, 2024
TGS has expanded the coverage of its CO2 storage assessment datasets by adding eight additional U.S. onshore basins. These basins include Gulf Coast Onshore, Permian, Illinois, Michigan, Appalachia, North Dakota, Sacramento-San Joaquin and DJ, including interpretation on more than 43,000 wells across 378 million acres.
News
March 07, 2024
Leading the new deals is the purchase of 25,000 STRYDE Nodes™ by first-time client, Ukrainian seismic acquisition firm, Georozvidka LLC.  The technology will be used for multiple 2D and 3D seismic surveys in Ukraine, supporting national and global energy security through the enablement of new oil and gas exploration projects.
News
February 29, 2024
Aminex announced that interpretation of recently-acquired 338 km2 3D seismic dataset over the Ruvuma PSA has improved the in-place volumetrics for the Ntorya natural gas discovery and revealed a significantly higher resource potential in the wider license area than previously identified on the existing sparse 2D database.
News
February 22, 2024
PGS is awarded a 3D project in the Mediterranean for a major energy company. The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approximately 30 days.
News
February 19, 2024
The solution connects Shell’s exploration teams to relevant seismic data. With rapid access, Shell can now focus on informed decision-making in the dynamic energy landscape.
News
February 12, 2024
The survey is expected to have a contract value of approximately $2 million and should commence early March 2024.
News
February 12, 2024
The newly added dataset allows real-time delivery of well economic statistics, providing users with valuable insights into oil and gas asset performance based on highly accurate well data and well-specific cost models.
News
February 05, 2024
The oil and gas industry recently participated in the Gulf of Mexico Lease Sale 261, where blocks within the survey area attracted 16 winning bids and a total bid value of more than $40 million. The Engagement 5 dataset will support existing and new leaseholders as well as regional operators with the most technically advanced subsurface imaging.
News
January 31, 2024
MetaBlue Land is an industry-first solution that connects every stage of a project, from planning through acquisition to data delivery, while monitoring survey progress in real time.
News
January 25, 2024
CGG has committed to reimaging over 5500 km2 of 3D seismic data in the complex eastern Columbus basin, using its proprietary TL-FWI imaging technology, which will deliver significantly improved seismic images and provide a better understanding of the geological systems in this underexplored part of the basin.
News
January 18, 2024
The new data set is relevant for companies seeking to establish a presence in the area and for existing operators aiming to refine their exploration strategies.
Webcast

Webinar with World Oil: Increase Exploration Success with Innovative Digital Geoscience Solutions

December 13, 2023
AspenTech
In today’s volatile environment, there is a pressing global need for secure, sustainable and affordable energy. Oil and gas exploration and production companies must optimize performance to remain profitable, while also reducing geological risks—especially for structurally and lithologically complex reservoirs. The future of the upstream industry lies in the adoption of innovative geoscience digitalization solutions to optimize operations. Machine learning applications for geoscience data have been in use for more than 25 years but have become critical in recent years due to the massive growth in the amount of petrotechnical data being acquired. As machine learning evolves and gains acceptance, it will play an increasingly visible role in analyzing surface and subsurface data. Join World Oil and AspenTech for this webinar to learn how to: • Improve digital representations of the subsurface, such as rock prediction volumes, using machine learning and AI • Leverage, QC and de-risk existing data from the subsurface, and display them in a comprehensive manner • Make faster, more educated business decisions at lower cost Register now to join the conversation and hear how you can leverage digital solutions to increase exploration success.
Webcast

Geology while drilling: Digital enabler for Sustainable Energy

October 25, 2023
SLB
Geological evaluation of subsurface is an essential component of formation evaluation that connects well-centric data to reservoir scale. Recent technology breakthroughs in logging-while-drilling (LWD) borehole imaging and advanced surface logging have attracted substantial attention of the energy industry, more so for possible applications in sustainable energy initiatives. Digital innovations have led to development of smart and efficient solutions that can be made available in real-time for strategic decisions as the well gets drilled. Geology while drilling is taking the center stage from picking mineralogy on cuttings to inferring depositional architecture and structural framework with image logs with deep learning workflows and artificial intelligence embedded in the tools. Geothermal, hydrogen exploration and carbon sequestration all can benefit with these digital innovations in geology while drilling.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.