Geoscience News

 

TGS' Mexico project given green light

Aug 24, 2015

TGS has been given the green light by Mexico's Comisión Nacional de Hidrocarburos (CNH) to start acquiring multibeam, coring and geochemical analysis data over about 600,000sq km in Mexican waters. This project will cover the entire deepwater area of the offshore sector of Mexico…

GeoTeric 2015.3 released

Aug 18, 2015

The development of cognitive interpretation has taken another step with the release of GeoTeric 2015.3.  With the advancement of broadband seismic, there is a growing need for high resolution analysis techniques that are compatible with the complex waveforms of broadband data…

SUT to host two sessions at Offshore Europe

Aug 17, 2015

The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…

Sonardyne opens French office

Aug 17, 2015

Sonardyne, a specialists in subsea navigation and positioning technology, has opened its first permanent office in France to expand its presence in the region. The announcement follows the opening of a second Sonardyne office in Brazil earlier this year…

Levitt-1 well disappoints

Aug 12, 2015

Quadrant Energy Australia’s Levitt-1 exploration offshore Western Australia will be plugged and abandoned after no hydrocarbon shows were found. Map of Levitt-1. From Karoon. Levitt-1…

Ireland, UK cross-border survey underway

Aug 11, 2015

GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions, have acquired a new regional multiclient 2D (MC2D) seismic survey entitled North Celtic Sea 2015. This Ireland/UK cross-border project is located mostly in the Irish North Celtic Sea and St…

MCG buys Polaris seismic database

Aug 11, 2015

MultiClient Geophysical (MCG) has entered into an agreement with Polaris E&E Services to acquire their Post Stack Reprocessed Atlantic Margin seismic 2D data. MCG will pay Polaris for this transaction through revenue share of futures sales…

Schlumberger launches Mexican deepwater seismic survey

Aug 10, 2015

Schlumberger has expanded its Gulf of Mexico multiclient wide-azimuth seismic data portfolio by launching a new survey in the Campeche Basin. The acquisition of the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80…

Fugro to cut more jobs by year-end

Aug 07, 2015

In 2H 2015, Fugro’s revenue increased by 4.3%, however, the Netherlands-based company will cut an additional 200 jobs from its workforce by the end of the year. Image from Fugro. Total revenue for 2H 2015 came in at about US$1…

Horizon adds new geoscience vessel

Aug 07, 2015

UAE-headquartered Horizon Geosciences has added a new vessel to its fleet for work in the North Sea and West Africa. A multi-disciplinary IMCA and OVID approved DP1 survey vessel with a proven track record in the North Sea and Arctic…

EMGS inks Malaysian survey

Aug 07, 2015

Electromagnetic Geoservices (EMGS) has received a letter of award (LOA) for a contract worth approximately US$4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract…

ION's MexicoSPAN fast-track data available

Aug 06, 2015

ION Geophysical Corp. announced the availability of fast-track pre-stack time migrated (PSTM) data from the first phase of its MexicoSPAN program. Currently being acquired, phase one encompasses more than 22,000km of deep-imaged two-dimensional (2D) seismic data…

SeaBird stacks Munin Explorer

Aug 06, 2015

SeaBird Exploration has become the latest seismic vessel operator to stack one of its fleet. The Oslo stock market listed firm says it has stacked the Munin Explorer following its completion of the long-term time charter contract with SeaBed Geosolutions in August 2015…

Polarcus weathers industry storm

Aug 05, 2015

A 'back-to-fundamentals' strategy is helping seismic firm Polarcus weather the storm, CEO Rod Starr said this morning. The firm's revenues are down 33% in 2Q, compared to the same period last year, at US$91.7 million, but the firm has…

Fugro awarded BG International MBES survey

Aug 03, 2015

Fugro has been awarded a contract by BG International Ltd. Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign over its offshore acreage (block) in the Honduran Caribbean. As part of BG’s exploration license commitments…

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