Geology & Geophysics

News
November 01, 2016
Statoil has submitted a Plan for Development and Operation for the Trestakk discovery on the Halten Bank to Norway’s Minister for Petroleum and Energy Tord Lien. Capital expenditures are estimated at approximately 5.5 billion NOK ($670 million).
News
October 31, 2016
The UK’s Oil and Gas Authority (OGA) received 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS).
News
October 28, 2016
TGS is to expand its NWAAM multi-client library in the MSGBC basin. The company is to acquire more than 11,500 km of long-offset broadband 2D seismic data as well as magnetic and gravity data in the Republic of Guinea, Guinea Bissau and the AGC joint exploration zone between Guinea Bissau and Senegal.
News
October 27, 2016
Statoil, the first of the major oil producers to report third-quarter earnings, posted an unexpected loss for a second quarter in a row as maintenance and exploration expenses compounded the impact of lower crude and gas prices.
News
October 26, 2016
The Norwegian Petroleum Directorate (NPD) and Russia’s Federal Subsoil Resources Management Agency (Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea.
News
October 25, 2016
CGG has been awarded a major contract by Pemex to deliver an orthogonal wide-azimuth integrated solution designed to optimize subsalt seismic imaging in the geologically complex deep waters of the Perdido area.
News
October 19, 2016
Successful Well Test in Bedout Basin Offshore Western Australia
News
October 18, 2016
The Attribute Assisted Seismic Processing & Interpretation (AASPI) Consortium at the University of Oklahoma and Geophysical Insights, headquartered in Houston, Texas, have announced a major cooperative agreement.
News
October 18, 2016
CGG GeoSoftware has announced a series of new software releases across its reservoir characterization product portfolio.
News
October 18, 2016
LONDON -- Faroe Petroleum has reported an oil and gas discovery at the Njord North Flank in the Norwegian Sea.
News
October 17, 2016
Launched today, the EV2 decision support platform enables oil and gas clients to determine the value of undrilled exploration acreage in the world’s most prospective basins.
News
October 17, 2016
Sercel has sold 10,000 channels of its high-end UNITE cable-free land seismic acquisition system to NIS, a Serbian oil and gas company in which Gazprom Neft has a majority shareholding.
News
October 14, 2016
Offshore Senior Policy Advisor Andy Radford today highlighted the importance of seismic surveys in the Gulf of Mexico and the potential significance of the Bureau of Ocean Energy Management’s (BOEM) recently released Draft Programmatic Environmental Impact Statement (PEIS).
News
October 12, 2016
Falcon Oil & Gas Ltd. has announced that Origin Energy Resources Limited, the company's Joint Venture partner, has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources (DPIR) of the Northern Territory, Australia on the A mungee NW - 1H well in the Beetaloo basin, Australia.
News
October 12, 2016
Searcher Seismic has commenced acquisition of the 11,000 km Hahonua 2D seismic survey offshore Papua New Guinea.
News
October 11, 2016
BP has abandoned oil exploration in the offshore Great Australian Bight, five years after it began searching for resources in one of the world’s last frontier regions and before it could drill a single well.
News
October 10, 2016
Sasol recently announced the completion of the first-ever 3D onshore seismic program in Mozambique.
News
October 10, 2016
Statoil has received consent to drill four survey wells at Johan Sverdrup field, Petroleum Safety Authority (PSA) Norway said Monday.
News
October 07, 2016
Karoon Gas Australia has been awarded a license for exploration permit EPP46. The permit covers 17,793 km2 of Australia’s most active and prospective frontier oil province, the Ceduna sub‐basin, in the Great Australian Bight (GAB), offshore South Australia.
News
October 06, 2016
Searcher Seismic has completed acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico.
News
October 06, 2016
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a new extension to its ongoing shallow water operations in the United Arab Emirates.
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.