EMGS Lines Up Funding For Multiclient Acquisition Offshore Norway
Electromagnetic Geoservices ASA (EMGS) said it has entered prefunding agreements related to 3-D CSEM data surveys in the Barents Sea and Norwegian Sea in Norway using conventional technology and the new Deep Blue source.
The agreements represent revenues of about $3 million. Data will be acquired this summer.
In addition, EMGS said the Deep Blue source is now available to the industry after the original joint industry project (JIP) agreement was amended.
“After the successful JIP test surveys during the summer of 2016, we are very pleased to see the first commercial uptake of the new equipment,” EMGS CEO Christiaan Vermeijden said. “Providing the industry with a much stronger source output is a breakthrough for EMGS and our EM technology as we will be more sensitive to deeper targets and smaller targets close to infrastructure.”
CGG Launches JumpStart Regional Geoscience Programs
CGG has launched multiclient geoscience programs that aim to accelerate the industry’s understanding of petroleum systems and support exploration efforts.
Called JumpStart, the program integrates all available data—such as CGG’s geological studies, potential fields data, satellite seeps and geochemical data—in a specific geographical area, including information on key wells. “Where appropriate, wells are enhanced by new core and cuttings information,” CGG said in a news release.
Focus is placed on petroleum geology components such as the source rock, reservoir, charge, trap and migration pathways. Currently, CGG has seven JumpStart programs, which include the offshore areas of Mexico, Gabon, Australia, Norway, Indonesia and Timor Leste along with two areas offshore Brazil. More programs are in the works, CGG said in the release.
The programs were announced during the 2017 EAGE Conference & Exhibition.
CGG Delivers Data From Perdido Fold Belt Project To Mexico
CGG said it has delivered the final data from its 38,000-sq-km (14,672-sq-mile) Encontrado multiclient reprocessing project across the Gulf of Mexico’s (GoM) Perdido Fold Belt area to Mexico’s Comision Nacional de Hidrocarburos (CNH) and the industry.
The project included reverse-time migration (RTM), Kirchhoff migration and associated data volumes in an area straddling the Mexico-U.S. border in the GoM.
“The final images obtained from the advanced high-end processing sequence will allow detailed geological interpretation and be suitable for both basin-scale exploration and potential prospect evaluation,” CGG CEO Jean-Georges Malcor said in a release. “By undertaking the Encontrado reprocessing and a JumpStart geoscience program, CGG is playing a leading role in helping to turn this frontier area into a well-understood basin.”
CGG said the “significant uplift in the imaging of these final products over the Fast Trax RTM data delivered last year is evident throughout. As a result, the prospective reservoirs can be identified and mapped in unprecedented detail.”
In addition, CGG said it has started a JumpStart fully integrated geoscience program to complement the seismic data from the Encontrado project. JumpStart programs are designed to review, validate, calibrate and interpret all available seismic, well and geologic data to deliver all data to one place for a comprehensive understanding of the petroleum systems present, the company said.
—Staff & Reuters Reports
The largest change is forecast in the Permian Basin of Texas and New Mexico, where output is expected to climb by 55,000 bbl/d to a fresh peak at 4.23 million bbl/d in July.
Petrobras has made natural gas discoveries in six deepwater fields in the Sergipe Basin, the company said in a regulatory filing on June 17.
The 6507/3-13 well proved gas in its first target, Snadd Outer Outer, and oil in its second target, Black Vulture, Equinor said in a news release.