CGG has been awarded a multiyear integrated geoscience study by Kuwait Gulf Oil Co. (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ), CGG said in a news release.
CGG GeoConsulting will conduct the study, and geoscience experts from KGOC will be involved in the project. The combined team, CGG said, will work together to integrate recently acquired and processed 3D seismic data covering the entire PZ with multiple geological, petrophysical and production data sets to deliver a portfolio of exploration prospects and asset development infill opportunities.
In addition, the final geologic and seismic interpretations and data will form a consistent and continuous PZ-wide reference study for KGOC with detailed subsets for each producing field, the release said.
Recommended Reading
Battalion in Compliance with NYSE American after 2023 Meeting
2024-02-13 - Previously, Battalion Oil was not in compliance with the NYSE after failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31.
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.