DUG announces appointment of Laurence Letki as Chief Geophysicist

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DownUnder GeoSolutions (DUG) has announced the appointment of Laurence Letki as Chief Geophysicist. DUG described Ms Letki as “an invaluable and experienced team member”, who had been promoted from her position as Principal Geophysicist. Laurence is a highly respected industry professional, a leading expert on full waveform inversion, and a frequent speaker at oil and gas industry conferences around the globe. She recently presented ‘High Frequency Full Waveform Inversion as an Interpretation Solution’ at APPEA 2019, and will be presenting ‘Exploring the Applications of High Frequency FWI for Qualitative and Quantitative Interpretation – a Dual Azimuth Case Study’ at SEG…

Geoscientist employment opportunities continue improvement despite June quarter slowdown

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Employment opportunities for Australia’s geoscientists continued to show a very slow-improving trend, despite disappointing results for the second quarter (April to June), an Australian Geoscientist Employment survey has established. The second quarter setback saw unemployment rise from 7.5% at the end of March, to 9.3% at the end of June. On the other hand, underemployment amongst self-employed geoscientists fell from 20.5% to 14.9% for the same period. The underemployment figure represents the proportion of self-employed geoscientists unable to secure more than one quarter of their desired workload. The survey was completed by 734 respondents nationally. Some 66% of respondents worked…

Sercel launches GPR – ‘a game-changing new ocean bottom node’

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CGG has announced the launch by Sercel of GPR, a new Ocean Bottom Node (OBN). CGG said GPR “leverages the proven high performance of Sercel’s QuietSeis® broadband digital sensor technology to collect superior data for accurate seismic imaging compared to data collected by conventional sensors.” The company has jointly developed GPR in partnership with BGP. CGG said the launch of GPR coincides with the continuing growth and maturity of the global node market and further strengthens CGG’s extensive portfolio of innovative products and services, all designed to reduce the risks and increase the success of its clients’ reservoir exploration and…

Woodside invests in emerging technology for seismic data acquisition

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Woodside has signed a Shareholders Agreement with Perth-based Blue Ocean Monitoring Ltd (BOM) to invest in Blue Ocean Seismic Services Ltd (BOSS). Woodside in a statement that BOSS is developing an innovative solution that has the “potential to make ocean bottom seismic data acquisition cheaper and more accessible”. Seismic data is critical for understanding geological formations and the nature of hydrocarbon resources that may be contained within them. Current methods use remotely operated vehicles to place nodes on the ocean floor that capture and record soundwaves. The concept was jointly developed by Woodside and BOM and focuses on using Autonomous…

TGS and Schlumberger announce new 3D Multi-client Reimaging Project in Egyptian Red Sea

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TGS and Schlumberger have announced a new 3D seismic reimaging project in the Egyptian Red Sea. The project will comprise reimaging data from three overlapping seismic surveys totalling 3,600 km² that was acquired between 1999 and 2008 – the only available 3D data in this part of the Red Sea. It includes the integration of all legacy seismic and non-seismic data and will apply advanced imaging technologies to better define complex subsalt structures. The project, which is supported by industry prefunding, will be carried out by TGS and WesternGeco®, the geophysical services product line of Schlumberger. Data will be available…

Cooper unveils new gas field discovery in the Otway basin

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Cooper Energy has made a new gas field discovery in the Otway basin offshore Victoria with the exploration well Annie-1 located in VIC/P44. Cooper Energy, as operator and 50% interest holder, with Mitsui E & P Australia also holding a 50% interest, said the well had reached total depth (TD) of 2,442 meters measured depth rotary table (MDRT) at 9:00 am AEST on September 4, 2019. The well was drilled by the Diamond Offshore-operated semi-submersible rig Ocean Monarch, which was deployed to drill two exploration wells for Cooper and started drilling Annie-1 in early August. Within the Annie-1 borehole, the…

CGG awarded offshore Eastern Canada imaging project by BHP

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Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a large-scale seismic imaging project in the offshore Orphan Basin in Eastern Canada by BHP. CGG said that in line with its continued investments in high-end imaging technology, supercomputing capacity and digitalization, the company will employ its industry-leading FWI and least-squares migration algorithms over the entire survey area of more than 10,000 km². Through these advanced technologies and close collaboration with the client’s interpretation and imaging geophysicists, CGG fully commits to providing a step-change in subsurface imaging in a timely manner to support E&P investment decisions, CGG said. Tony Huang,…

Australia hits one billion barrels record production milestone

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Australia hit a record in petroleum production in 2018-19 to a peak of 1,010 million barrels of oil equivalent in a milestone moment according to data compiled by energy consulstancy, EnergyQuest. This was primarily driven by record gas production, which was up 16% to 5,082 PJ as LNG export revenue soared 61% to %50 billion with production also up 22% to a record 75 million tonnes. From east to west production records were recorded with east coast gas output up 2% to 1,865PJ and coal seam gas also summiting, up 5% to 1,461PJ. However, in spite of these peaks, east…

‘New WA EPA guidelines must not risk investment’

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APPEA has lodged a submission to the Western Australian Environmental Protection Authority’s Background Paper on Greenhouse Gas Assessment Guidance, urging national and international emissions reduction policies over ad-hoc regional measures. APPEA Chief Executive Andrew McConville said the effective and efficient management of greenhouse gas emissions was an issue the oil and gas industry took very seriously, and APPEA and its members have been engaged constructively in policy development for more than 25 years. “APPEA supports national climate change policies that reduce greenhouse gas emissions at least cost and facilitates investment decisions consistent with an international price on carbon,” Mr McConville…

Searcher announces Offshore Peru Multi-client Campaign

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Searcher has reached agreement with Perupetro to produce four new multi-client projects as part of its Offshore Peru Multi-client Campaign. Searcher said this would be the first time any single company has presented the industry with the opportunity to interact with such an expansive collection of “highly enhanced exploration data which will have benefited from modern processing, interpretation and digitising techniques”. “Confident interpretation, regional reconstruction and play level evaluation will be delivered to participants through the delivery of four new projects; Huayno 2D Pre-Stack Reprocessing, Peru Offshore Rectified Seismic Data on SaismicTM, Peru Offshore Well Atlas and an interpretative report…

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