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Geological, Geophysical News

CPR Confirms Significant Reserves Upgrade in Southern North Sea Assets
United Kingdom >> 10/12/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, is pleased to announce the results of a Competent Person’s Report (CPR) on the Vulcan Satellites, Blythe ...
ION Extends New 2D Multi-Client Program Offshore Panama
Panama >> 9/28/2017 - ION Geophysical Corporation announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advan...
CGG Completes 1st Full-Scale Topseis Survey in Barents Sea
Norway >> 9/28/2017 - CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis™, its latest offshore broadband seismic acquisition and imaging solution. ...
PGS Supports Brazil Pre-salt with Regional Santos Vision
Brazil >> 9/27/2017 - The rejuvenated Santos Vision regional dataset is ideal for pre-salt exploration in Brazil. This new product covers an area of 35 000 sq. km and has been reprocessed with our most advanced imaging sol...
Seismic Data Storage
Norway >> 9/27/2017 - One central element in exploration is the ability to successfully manage and provide access to high quality seismic data. This challenge is one of the reasons why the Diskos Database was established i...
Tethyan Resources Completes Geophysical Surveys in Serbia
United Kingdom >> 9/26/2017 - Tethyan Resources plc (Tethyan) has completed substantial geophysical surveys at the Suva Ruda and Gokcanica Projects located in Serbia. Interpretation of the data collected by the surveys is expected...
EMGS Reports Multi-Client Sales in the Barents Sea
Norway >> 9/26/2017 - Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of appro...
New Assessment Targets Marketable Oil & Gas Resources in Duvernay Region
Canada >> 9/26/2017 - The National Energy Board (NEB), together with the Alberta Geological Survey (AGS), released a new resource assessment for the Duvernay Shale in central Alberta that adds significant quantities of mar...
EMGS Reports Multi-Client Sales in Barents Sea
Norway >> 9/19/2017 - Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of appro...
UK’s Geology Unlikely to Support Fracking
United Kingdom >> 8/17/2017 - Expert analysis from Heriot-Watt suggests that the UK’s geology is unlikely to be suitable for hydraulic fracturing. ...
AWE Limited Updates Reserves and Resources
Australia >> 8/9/2017 - AWE Limited (AWE) provides the following update on the company’s 2P Reserves and 2C Contingent Resources as at 30 June 2017. In the company’s June 2017 Quarterly Report (issued 28 July 2017), AWE advi...
Fugro Clinches Further Work at Polyhalite Deposit
United Kingdom >> 8/2/2017 - Fugro’s integrated capabilities clinch further work for Sirius at the world’s largest high grade Polyhalite deposit. The award of two major new contracts integrating geotechnical and geophysical inves...
Providence Provides Technical Update on Licencing Option 16/27
Ireland >> 7/17/2017 - Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company (Providence), provides a technical update regarding Licensing Option 16/27 (LO 16/27) which is located in the central Porcu...
World-Class Prospectivity Identified in Offshore Timor-Leste
Portugal >> 7/5/2017 - TIMOR GAP E.P., the national oil company of Timor-Leste, was awarded PSC TL-SO-15-01 with 100% interest through Timor-Leste Government Resolution No. 44/2015 in December 2015. ...
ION Acquires New 2D Data Library Offshore Gabon
Gabon >> 6/21/2017 - ION Geophysical Corporation announced a new 2D multi-client program offshore Gabon, EquatorSPAN™ II, in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons, Direction Général des Hydroca...
CGG Wins Renewal of Dedicated Center Contract for PTTEP
Thailand >> 6/20/2017 - CGG announced that PTT Exploration & Production Public Company Limited (PTTEP) has renewed its contract for the dedicated processing center (DPC) CGG has been operating in Bangkok on its behalf since ...
OGA Data Release & Technology Event to Support 30th Offshore Licensing Round
United Kingdom >> 6/19/2017 - The Oil and Gas Authority (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th Offshore Licensing ...
CGG Adds to Growing Portfolio of Solutions
United States >> 6/13/2017 - With its strong innovation culture, growing toolbox of advanced technology and broad range of geoscience expertise and experience, CGG relishes the opportunity to work with clients to design new solut...
EMGS Reports Approximately USD 2.4 Million in Sales
Norway >> 6/2/2017 - Electromagnetic Geoservices ASA (EMGS) has entered into various agreements with oil companies involving data licensing (prefunding and late sales) related to 3D EM data in the Norwegian Sea and Barent...
CGG Geoconsulting Wins Contract for Digital Well Products
United Kingdom >> 5/31/2017 - CGG GeoConsulting has been awarded a contract to supply digital well products to the Oil & Gas Authority (OGA), the UK Government industry regulator, as part of a wider tender for comprehensive subsur...

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