Asia Geology & Geophysics News

Electromagnetic Geoservices ASA has won a $4-million contract to acquire and process 3D electromagnetic data offshore Papua New Guinea.

Petroleum Geo-Services ASA (OSLO: PGS) has signed for Mitsubishi Heavy Industries Ltd. to deliver two Ramform vessels in 2013 with an option for as many as two more for delivery in 2015.

Spectrum, in partnership with CGGVeritas and GeoData Ventures, has started a broadband 2D multi-client seismic survey offshore West Timor, Indonesia.

India’s Oil & Natural Gas Corp. (ONGC) (NSE: ONGC, BSE: 500312) has notched two shallow water discoveries this year offshore India.

Oilex continues to mature a drilling candidate for a third commitment well in the JPDA 06-103 concession offshore Timor-Leste, according to partner PanPacific Petroleum (PPP).

Nido Petroleum Philippines Pty Ltd plans to acquire 1,000 line km of new 2D seismic over the Bikuda-Bulador area in SC 58 offshore Philippines.

MEO Australia Ltd. says its Seruway Offshore Exploration Ltd. subsidiary has started seismic acquisition offshore Indonesia over the Ibu Horst area.

AWE (Titan) NZ Ltd. has contracted to drill the Atlas-1 well in the Titan PSC offshore East Java basin, Indonesia.

TGS has started a 2D multi-client seismic survey offshore eastern Indonesia, just north of the Sunrise-Troubadour gas fields and west of the Abadi gas field.

BGP has launched its new 3D, 12-streamer seismic vessel BGP Prospector at Sekwang Heavy Industry in Korea.

The Oil and Natural Gas Corp. Ltd. of India has notified SeaBird Exploration PLC of an award for a 4C-3D Seismic API Pilot Project in Mumbai High field offshore India.

Based on encouraging results from the Gindara-1 well plus results of reprocessing seismic data, Kairiki Energy Ltd says operator Nido Petroleum Ltd. is considering acquisition of more 2D seismic over the Pawikan lead.

Commercial possibilities for the CRD discovery off southern Vietnam are under review, according to partner PPP.

Increasing domestic oil production has been a long-term goal of the Brazilian government, and recent discoveries of large offshore, pre-salt oil deposits could transform Brazil into one of the largest oil producers in the world. It is estimated that Brazil has 12.9 Bbbl of proven oil reserves, the second-largest in South America after Venezuela.

Otto Energy Ltd. says it has completed a 3D seismic acquisition survey in SC 69 offshore Visayas, Philippines.

The BGP Explorer has begun a 3D seismic data acquisition program for Otto Energy Ltd. offshore the Philippines in service contract 69 in the Visayan basin.

Production from the offshore Ravva field in Indian block PKGM-1 averaged 36,942 boe/d during the 2010-11 year, according to operator Cairn India.

Reliance Industries has started drilling its third well on the D9 exploration license in the Krishna Godavari basin off eastern India, according to partner Hardy Oil & Gas.

SeaBird Exploration Ltd. says its Aquila Explorer is conducting a 4D survey offshore Australia that is scheduled to run through the end of June.

TGS-NOPEC has tallied its first-quarter seismic acquisition activity worldwide.

The BGP Challenger has completed a 2D seismic survey offshore eastern Oman for Circle Oil.

Chevron North Sea has granted SeaBird Exploration an option to start the second stage of an ocean bottom node survey at the Rosebank field west of Shetland.

TGS has commenced a multi-phase reprocessing program of 2D seismic data taken in the Makassar Strait, Indonesia.

Lundin Petroleum has won a production sharing contract for the Gurita block in the Natuna Sea offshore Indonesia.