PXGEO Awarded 3D OBN Project in Brazil
Marine geophysical company PXGEO on Friday announced it has secured a contract with Petrobras for a 3D ocean bottom node (OBN) survey in the Campos Basin, Brazil.The survey is to be acquired in water depths of 2,300 meters with a duration of approximately 10 months, the company said.
Shell to Use New AI Technology in Deepwater Oil Exploration
Shell Plc will use AI-based technology from big-data analytics firm SparkCognition in its deep sea exploration and production to boost offshore oil output, the companies said on Wednesday. SparkCognition's AI algorithms will process and analyze large amounts of seismic data in the hunt for new oil reservoirs by Shell, the largest oil producer in the U.S. Gulf of Mexico. "We are committed to finding new and innovative ways to reinvent our exploration ways of working," Gabriel Guerra, Shell's vice president of innovation and performance, said in a statement. The goal is
CGG Delivers Data from Agata Reimaging for Brazil Project
CGG delivered the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.The Agata prospect is composed of ultra-deep pre-salt targets located below a highly deformed salt layer. Imaging in this area is particularly challenging due to the
Subsea LiDar Specialist Ventures into Offshore Geophysical Survey Business
3D at Depth, a company specializing in commercial Subsea LiDAR (SL) laser technology, and a provider of underwater survey services and 3D data solutions, on Tuesday announced the launch of its offshore Geophysical Survey Services division. According to 3D at Depth, the new division will provide surveys to support both nearshores, inshore, and offshore deepwater development activities focused in the areas of offshore wind farms, pipeline routes, environmental site surveys, offshore oil and gas projects, and civil engineering surveys. The firm said that its new division was supported by a team
OFG, EMGS Enter Cooperation Agreement
Ocean Floor Geophysics Inc (OFG) and Electromagnetic Geoservices ASA (EMGS) signed a cooperation agreement under which the two companies agree to work together on various projects to promote the use of marine CSEM technology.The agreement places specific emphasis on exploiting the obvious synergies between the state-of-the-art towed-streamer CSEM system from OFG (under its exclusive right to acquire the PGS EM technology) and the industry-leading sea-bottom CSEM/MT nodal system from EMGS. Cooperation will include development of proprietary and multi-client surveys, and multiphysics reprocessing of
Exxon Taps Ocean Infinity to Survey the Stabroek Block
Subsea marine robotics company Ocean Infinity said it has been awarded a contract with ExxonMobil, for high-resolution autonomous underwater vehicle (AUV) geophysical and geotechnical data acquisition within the promising Stabroek block offshore Guyana.Ocean Infinity will simultaneously deploy a fleet of AUVs in water depths of between 70 meters and 2,150 meters over an area of approximately 3,100 square kilometers.Having recently expanded its AUV fleet and implemented new battery technology, Ocean Infinity said the autonomous scale approach presents a more sustainable way of operating at sea.Paul
Polarcus Kicks Off Australia Survey
Polarcus has begun the latest phase of the Cygnus regional multi-client 3D survey in the Vulcan Sub-basin, offshore north-west Australia, the marine geophysical company announced on Monday.The 1,500-square-kilometer Phase 3 South survey, covering the Skua, Swift and Montara area, completes over 7,200 square kilometers of continuous XArray Triple Source coverage.The Cygnus anisotropic PSDM dataset provides exploration geoscientists with a 3D dataset which allows evaluation of the basin including a number of farm-in opportunities and several areas of open acreage.The prospectivity of the basin has again
Fugro Takes Over Seabed Geosolutions
Fugro announced on Monday it has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of $35 million, paid by CGG before year-end 2019.Fugro said it remains fully committed to divest the Seabed Geosolutions business which is a non-core asset held for sale. It is expected that this transaction, which will result in Fugro becoming the sole owner of Seabed Geosolutions, will facilitate the divestment process.In line with CGG's
Equinor Re-ups Magseis Fairfield Contract
Magseis Fairfield announced Norwegian energy company Equinor had awarded four-year renewal for its reservoir monitoring program for the Snorre and Grane fields in the Norwegian North Sea.The containerized permanent reservoir monitoring (PRM) system, designed and delivered in 2013, has been operated by Magseis Fairfield acquiring 4D surveys twice a year over both Equinor assets. The contractual relationship under the Equinor framework a reement extends the existing scope of operations by adding the ability to utilize the system over multiple assets in different configurations, Magseis Fairfield
February 2024
