Geology & Geophysics: Latin America

PGS, Spectrum, Schlumberger combine for major seismic survey offshore Mexico

Petroleum Geo-Services, Spectrum, and Schlumberger have agreed to collaborate on acquisition of 80,000-100,000 km (49,710-62,137 mi) of long-offset 2D data covering what the group says will be all major hydrocarbon provinces offshore Mexico.

Presalt E&P a priority for Petrobras through 2019

Additional information is available following yesterday’s announcement by Petróleo Brasileiro S.A. (Petrobras) of plans to reduce capex to the end of this decade.

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.


Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spa...

Offshore Design Optioneering using Cloud Computing

Cloud computing opens up to offshore engineering teams the opportunity to take advantage of almost unlimited computing power and data storage capab...

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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