Shearwater and Mondaic Enter Strategic Alliance to Optimize Seismic Surveys
Mondaic’s technology across all scales and industries, and it is a significant driver to accelerate our growth,” said Christian Boehm and Lion Krischer, the Co-Founders and Directors of Mondaic Michael AfanasievFull Waveform Inversion Importance forFull waveform Inversion Importance for seismic processing value chainFull waveform inversion is an integral part of the seismic processing value chain for subsurface exploration, characterization and monitoring due to its ability to estimate high-resolution subsurface property models in areas of complex geology with limited human user intervention
Petrobras Extends Deal for Use of CGG's Seismic Processing Software
French offshore seismic data services company CGG said Wednesday that it had recently signed an expanded five-year licensing agreement with the Brazilian oil company Petrobras for Geovation seismic processing and imaging software.CGG said the deal would give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion (FWI), and significantly enhance their imaging capabilities.Peter Whiting, EVP, Geoscience, CGG, said: “During our 60-year operating history in Brazil, we have developed a close technology and business partnership with Petrobras which has
Shearwater GeoServices, ConocoPhillips 'Reveal' Tech Collab
for existing and future customers," Shearwater said."This is a significant collaboration agreement for both companies and a commitment by Shearwater to developing and deploying state-of-the-art technology and software to the benefit of our clients”, said Simon Telfer, SVP Seismic Processing and Imaging at Shearwater. “Partnering with clients on technology is a key element of our strategy, enabling them to increase value-add from their core activities by leveraging the Reveal seismic platform.”ConocoPhillips will become a user of Shearwater’s Reveal seismic processing
Equinor Taps into DUG's Tech for Seismic Processing
Norwegian energy giant Equinor has signed a multi-year deal with supercomputer group DUG Technology, covering seismic processing and imaging technology.Under the agreement, DUG says, Equinor will replace existing third-party technology with an integrated solution using DUG McCloud, a platform that allows clients to mix and match DUG's high-performance computing as a service (HPCaaS), seismic processing and imaging (P&I) services, and the DUG Insight geoscience software.DUG McCloud includes disk storage and an online archive facility that allows web-based data visualization. DUG Managing
OI 2016 Preview: Hydrography, Geophysics & Geotechnics
anomalies in the water column’; followed by Jarle Henssel, Project Manager and Geophysical Specialist, COWI A/S looking at ‘Ultra high resolution seismic for offshore wind farms (OWF): a case study’. HRS remains on the conference agenda as Ian Stennett, Head of Geophysics and Seismic Processing considers ‘High resolution seismic (HRS) for time-lapse imaging around a steam injection installation. After a short break, the conference ends with three presentations. Andy Barwise, Principal Geotechnical Engineer at Statkraft will highlight ‘An integrated approach to
Schlumberger, Statoil Execute Multiclient WAZ Survey in Campeche Basin
Schlumberger announced today that Statoil Gulf of Mexico LLC has signed an agreement to license a large part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The license also includes collaboration with WesternGeco in the seismic processing phase. “We are pleased to have the opportunity to collaborate with Statoil in this breakthrough project, which is the first WAZ multiclient broadband survey in Mexican waters of the Gulf of Mexico,” said Maurice Nessim, president, WesternGeco. “The complexity of the geology
Dolphin 3D Multi-Client Campaign Continues
15,000 sq.km. In cooperation with TGS and supported by major oil companies, Dolphin has mobilized its high capacity 3D vessel the Sanco Swift to acquire the North Carnarvon Basin survey covering both newly awarded licensed and open acreage. Dolphin will perform full broadband seismic processing of the survey data to produce a high quality onboard Post Stack Time Migrated Fast-Track volume followed by the Pre-Stack Time Migrated dataset. All processing will be performed with input from supporting clients. Prior to this survey Dolphin in collaboration with TGS will complete Phase
Celtic Sea Portfolio Update
of Fastnet, commented, "This announcement marks the successful conclusion of a significant investment of Company time, expertise and resources in securing our attractive Celtic Sea acreage position, a highly prospective area that is increasingly becoming the focus of industry interest. Modern seismic processing and geological techniques have allowed us to better understand the development of the petroleum systems in the area and build a portfolio of attractive low risk prospects and leads with excellent project economics even in the current oil pricing environment. The company has add the Ventry
Dolphin Reports Improved Operating Margins
in Dolphin's abilities. This has improved contract visibility and provided Dolphin with a healthy backlog in the amount of $140 million. Dolphin will continue to deliver on our long term business plan and create shareholder values through vessel capacity increase, strengthened internal seismic processing and G&G competence and through successful expansion of our Multi-Client business. To improve Multi-Client competitiveness, Dolphin will secure new dedicated financing and enter into strategic partnership agreements." Further Atle Jacobsen (CEO) and Erik Hokholt (CFO) will give
February 2024
