Geology & Geophysics: Latin America

Statoil awarded four licenses offshore Nicaragua

Statoil has secured operatorship of four frontier licenses offshore the Nicaraguan Pacific coast.

Premier finds more oil close to Sea Lion offshore the Falklands

Premier Oil says the semisub Eirik Raude has discovered oil in the Isobel Deep prospect in the North Falkland basin, 30 km (18.6 mi) south of the Sea Lion field.

Chariot, AziLat cancel Brazil farm-out plans

Chariot Oil & Gas Ltd. (AIM: CHAR) has terminated a farm-out agreement with AziLat Ltd. on the BAR-M-292, BAR-M-293, BAR-M-313, and BAR-M-314 licenses in the Barreirinhas basin offshore Brazil.

PGS starts 2D seismic survey offshore Mexico

Petroleum Geo-Services ASA has started a multi-client 2D seismic program offshore Mexico. 

Borders & Southern tracks oil, gas condensate potential offshore Falklands

Borders & Southern has issued a technical update on its Darwin gas/condensate discovery south of the Falkland Islands and near-field prospectivity.

Ultra-deepwater to capture most of Brazil's offshore capex

Brazil's forecast capex over the next five years on ultra-deepwater developments (1,499 m/4,917 m or 1,500 ft/16,132 ft) is expected to constitute 84% of the 2015-2019 offshore spending.

OTC 2015: Brazil touts 13th Bid Round plans

The Brazilian Minister of Mines and Energy Eduardo Braga has chosen the Offshore Technology Conferenced to announce the 13th Bid Round for oil and gas exploration in Brazil.

ION completes reprocessing offshore Barbados seismic data

ION Geophysical Corp. has completed the Barbados reprocessing project, in coordination with the recent announcement of the country’s 2015 offshore licensing campaign.

Petrobras confirms oil find in ultra-deep Brazilian waters

Petrobras has confirmed an ultra-deepwater light-oil find at well 3-BRSA-1296-SES in the Sergipe basin concession BM-SEAL-10.

Schlumberger acquires interest in Spectrum's Pelotas seismic survey

Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multi-client program offshore Brazil.

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Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pi...
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Standardization of Offshore Production Systems

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Frac Smarter with Hydrocarbon Tracers

Water, Oil & Gas phase tracers applied during the hydraulic stimulation can tell you how your wellbore is producing.

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Offshore Top 5 Projects - 2014

The editors of Offshore have made their choices for the winners of the Five Star Award – the top five offshore field development projects for 2014....
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