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Oil and gas geoscience news updates for the global petroleum industry

LGO raises funds for Goudron development onshore Trinidad

Submitted by Paddy Harris on 15th January 2015
15th January 2015
LGO has raised around USD 2.4m (GBP 1.575m) to fund its continued work programme at the flagship Goudron Field development onshore Trinidad

LGO has raised around USD 2.4m (GBP 1.575m) to fund its continued work programme at the flagship Goudron Field development onshore Trinidad

CGG nets InterOil onshore shoot in Papua New Guinea

Submitted by Paddy Harris on 14th January 2015
14th January 2015
CGG has been awarded both a land seismic and an airborne gravity survey by InterOil Corporation to assess the hydrocarbon potential of their acreage in Papua New Guinea

CGG has been awarded both a land seismic and an airborne gravity survey by InterOil Corporation to assess the hydrocarbon potential of their acreage in Papua New Guinea

Polarcus commences acquisition of a major new 3D multi-client survey offshore Western Australia

Submitted by Paddy Harris on 13th January 2015
13th January 2015
Seismic acquisition has now commenced on the major new Polarcus Capreolus 3D multi-client project over the Phoenix area that contains the recent Phoenix South-1 oil discovery within the Roebuck Basin, offshore Western Australia

Seismic acquisition has now commenced on the major new Polarcus Capreolus 3D multi-client project over the Phoenix area that contains the recent Phoenix South-1 oil discovery within the Roebuck Basin, offshore Western Australia

Petrel excited following boosted Uruguay reserve assesment

Submitted by Paddy Harris on 13th January 2015
13th January 2015
Petrel Energy, a 51 per cent shareholder of Schuepbach Energy International LLC (SEI), has announced the first independent Prospective Resource certification for the Salto and Piedra Sola concessions in the Norte Basin Uruguay

Petrel Energy, a 51 per cent shareholder of Schuepbach Energy International LLC (SEI), has announced the first independent Prospective Resource certification for the Salto and Piedra Sola concessions in the Norte Basin Uruguay

Polarcus appoints Rod Starr as next chief executive officer

Submitted by Paddy Harris on 12th January 2015
12th January 2015
Polarcus Limited has announced that the Board of Directors has, following a comprehensive selection process, chosen Rod Starr to succeed Rolf Ronningen as chief executive officer of Polarcus

Polarcus Limited has announced that the Board of Directors has, following a comprehensive selection process, chosen Rod Starr to succeed Rolf Ronningen as chief executive officer of Polarcus

Afren 'disappointed' with Kurdistan field review

Submitted by Paddy Harris on 12th January 2015
12th January 2015
An Afren Competent Person’s Report (CPR) of Barda Rash field, carried out as part of the company’s annual reserves review, is expected to show a material reduction to previously published estimates of reserves and resources, essentially eliminating gross 2P reserves of 190 mmbbls and revising gross 2C resources from 1,243 mmbbls to around 250 mmbbls

An Afren Competent Person’s Report (CPR) of Barda Rash field, carried out as part of the company’s annual reserves review, is expected to show a material reduction to previously published estimates of reserves and resources, essentially eliminating gross 2P reserves of 190 mmbbls and revising gross 2C resources from 1,243 mmbbls to around 250 mmbbls

​Bjarte Bruheim appointed CEO of EMGS

Submitted by Paddy Harris on 8th January 2015
08th January 2015
The new board of directors of Electromagnetic Geoservices ASA (EMGS) has reviewed the company's organisation, and has resolved to appoint Bjarte H. Bruheim as chief executive officer of the company effective from 7 January 2015

The new board of directors of Electromagnetic Geoservices ASA (EMGS) has reviewed the company's organisation, and has resolved to appoint Bjarte H. Bruheim as chief executive officer of the company effective from 7 January 2015

Frontier eyes Block 38 drills onshore Oman

Submitted by Paddy Harris on 8th January 2015
08th January 2015
Frontier Resources has identified a large structure in Oman that may be suitable for drilling without further seismic work

Frontier Resources has identified a large structure in Oman that may be suitable for drilling without further seismic work

Polarcus awarded broadband 3D seismic project in Australasia

Submitted by Paddy Harris on 7th January 2015
07th January 2015
Polarcus Limited has received a commitment from an undisclosed client for a broadband 3D marine seismic acquisition project in Australasia

Polarcus Limited has received a commitment from an undisclosed client for a broadband 3D marine seismic acquisition project in Australasia

CGG completes Asia Pacific data processing project

Submitted by Paddy Harris on 7th January 2015
07th January 2015
CGG has completed processing of the Bade Falcon Airborne Gravity Gradiometer (AGG) multi-client survey it recently conducted within the Papua Foreland Basin

CGG has completed processing of the Bade Falcon Airborne Gravity Gradiometer (AGG) multi-client survey it recently conducted within the Papua Foreland Basin

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