US & Gulf of Mexico Geology & Geophysics News

Bahamas Petroleum Corp. (BPC) has completed initial processing of the Pearl 3D seismic survey offshore the Bahamas.

TGS, in partnership with WesternGeco, has begun to acquire 3D multi-client, wide-azimuth seismic data over 11,655 sq km (4,500 sq mi) of the Gulf of Mexico.

The Society of Exploration Geophysicists annual meeting allows attendees to learn about specific technical advances and gain insight into the broad indications of how the business is doing, and what the general trends are.

TGS reports receipt of a permit from the US Bureau of Ocean Energy Management, Regulations and Enforcement to acquire 3D wide-azimuth data in the Gulf of Mexico.

CGGVeritas reports completion of processing on its Three Corners Extension Wide-Azimuth survey in the Gulf of Mexico.

Timed to come during the Society of Exploration Geophysicists annual meeting, Statoil has signed to fund $1 million per year for five years in an energy partnership agreement with the University of Texas.

Bolt Technology Corp. and WesternGeco have begun a joint effort to develop the E-Source air gun as an environmentally sensitive energy source for marine seismic surveys.

FairfieldNodal will provide cable-free nodal recording systems for NES LLC for use on Apache Corp.’s 3D seismic survey in Cook Inlet, Alaska.

Petroleum Geo-Services reports its Crystal III Wide Azimuth Gulf of Mexico survey is available now, ahead of the scheduled December Lease Sale 218.

Paradigm has announced that Fugro selected the Paradigm Reverse Time Migration for imaging seismic data in areas affected by complex wave phenomena, such as deepwater Gulf of Mexico and around salt structures.

Marathon Oil Corp. has contracted FairfieldNodal to supply an ocean-bottom node seismic acquisition survey.

WesternGeco has started part two of its multi-client seismic survey in the Gulf of Mexico applying Dual Coil Shooting to acquire full-azimuth, ultra-long offset seismic data using four vessels on a circular survey path.

WesternGeco has started the second multi-client seismic survey in the Gulf of Mexico using Dual Coil Shooting to acquire full-azimuth, ultra-long offset seismic data from four vessels taking a circular survey path.

Shell has announced a multi-billion dollar investment to develop its Cardamom oil and gas field in the deepwater Gulf of Mexico. Cardamom is expected to produce 50,000 boe/d at peak production and more than 140 MMboe over its lifetime.

Spectrum has secured 2D seismic acquisition capacity with Seabird to expand its multi-client library, and has extended an agreement to use the GGS Atlantic.

SeaBird Exploration has won two new 2D seismic acquisition contracts with a combined value of $10-12 million.

The Lower Tertiary oil and gas play in the Gulf of Mexico remains largely undeveloped, despite the high profile it carries. It also is a relatively recent play given the difficulties encountered in its exploration and development.

Sagres Energy has won a nine-month extension from the Petroleum Corp. of Jamaica (PCJ) for the initial exploration period of three offshore blocks.

Bahamas Petroleum claims to have identified numerous large oil prospects in its southern licenses offshore the Bahamas.

Geomodeling Technology Corp. has released SBED 4.1 and SBED 4.1 for Schlumberger’s Petrel near-wellbore modeling applications.

UNX Energy has contracted Polarcus for a 3D seismic survey over its 2713 area blocks offshore Namibia.

UNX Energy Corp. reports it has contracted Petroleum Geo-Services for a 3D seismic survey offshore Namibia.

Niko Resources Ltd. has agreed to farm out to Repsol Exploration SA an interest in East Bula and Seram production sharing contracts offshore Indonesia.