SeaBird Exploration Plc's Northern Explorer was awarded a contract in the Mediterranean. The contract has an estimated duration of 150 days, including mobilization from South Africa, and is valued at about US $10.5 million.
Polarcus Ltd. announce that the company has entered into a three-year agreement with ION Geophysical Corp. to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus'…
Shales are very fine-grained, clastic rocks that lose porosity through compaction. Sedimentary basins typically contain about 70% shale, Figure 1. Quantifying shale properties helps with predrill geologic and seismic interpretation, basin modeling…
China National Offshore Oil Corp. (CNOOC) signed a PSC with PetroBroad Copower Ltd. for block 28/03 in the Pearl River Mouth Basin. Block 28/03 covers 68sq km with 95m water depth. PetroBroad will acquire 3D seismic surveys and drill exploration wells during the exploration period…
A consortium of three companies has made a successful bid for an exploration concession on the Patraikos block, off western Greece. Hellenic Petroleum (operator), Petroceltic International, and Edison International, will each hold a one-third working interest in the concession…
CGGVeritas Services SA began a marine 3D seismic survey over Karoon Gas Australia’s WA-482-P permit area in the Northern Carnarvon Basin. The survey will cover about 2386sq km and will define leads and prospects first identified on existing 2D and 3D seismic data…
ION Geophysical established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia- Pacific region. The new center is staffed with geoscience professionals…
Electromagnetic Geoservices ASA (EMGS) signed a contract with PEMEX worth US$99.8 million to conduct a 3D electromagnetic (EM) survey in the Gulf of Mexico. 'We have over the last few years reinvigorated our exploration organization and embraced technologies that give us an advantage…
Eco (Atlantic) Oil & Gas is planning 3D and 2D seismic campaigns after being granted a one year extension on two exploration licenses offshore Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis Basin…
Eni and Rosneft began seismic operations in the ice-free portion of the Russian Barents Sea, the companies confirmed on July 8. The 2D seismic survey is planned for 9950km over the Fedynsky and Central Barents license areas. During the…
Calgary-based BP Exploration (Canada) Ltd. has proposed a 3D seismic acquisition program over Exploration Licenses 2431, 2432, 2433 and 2434 (shown in dark green, center of map at right). The blocks are 230 to 370 km southeast of Halifax…
Norway-based multi-client seismic services firm Spectrum is to acquire 2D seismic offshore Croatia ahead of the country’s latest licensing round. Spectrum will acquire the seismic data using Cyprus-based Seabird Exploration. Seabird will acquire about 12…
CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…
National Iranian Oil Company (NIOC) plans to absorb as much as US $25 billion worth of investment for its development, exploratory and seismic operations during the current Iranian calendar year up to March 2014. At the closing ceremony of seismic operations at Ahwaz oil field…
Bangladesh English-language newspaper, Dhaka Tribune, reported on 5 August that state-owned Bangladesh Oil & Gas Corp. (Petrobangla) will sign exploration agreements with two international oil companies for three blocks. Petrobangla initially…